• MIDEAST STOCKS-Saudi stocks plunge to multi-year lows on austerity

    MIDEAST STOCKS-Saudi stocks plunge to multi-year lows on austerity
    * Lowest close for index since March 2011 * Fear of more austerity measures * U.S. Congress vote on lawsuits also hurts sentiment * Reuters poll shows fund managers turned negative * Q2 GDP data not bad but may be revised lower By Andrew Torchia DUBAI, Oct 2 (Reuters) - Saudi Arabia's stock market plunged to its lowest close since March 2011 on Sunday because of fears the government could introduce more austerity measures to curb a big budget deficit caused by low oil prices. Global stock market

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