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Swedes' pension hopes tied to Facebook IPO
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Swedes' pension hopes tied to Facebook IPO

Close to 3 million Swedes will be watching the upcoming stock market debut of Facebook with added interest after news emerged on Thursday that a major Swedish pension fund planned to invest in the social networking site's initial public offering.
Stocks plummet in early trading
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Stocks plummet in early trading

The Stockholm stock exchange opened with a sharp drop on Monday, while the government announced it was doubling the state’s bank deposit guarantee, reflecting the continued anxiety about the health of global financial markets.