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Specialist Allison Gamba works at her post on the floor of the New York Stock Exchange on Wednesday. U.S. stocks opened sharply lower on concerns about the stability of Europe's financial system. (Associated Press)

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Passers-by are reflected in the window of the Nasdaq media center as they view reports of trading activity on Facebook's stock on the Nasdaq stock market in New York. The botched offering of Facebook stock has raised several troubling questions. The stock fell $3.07 to close at $28.84 on Tuesday. (Associated Press)

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Graduation is held for the U.S. Navy Academy's class of 2012 at the Navy-Marine Corps Stadium, Annapolis, Md., Tuesday, May 29, 2012. (Andrew Harnik/The Washington)

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John Edwards arrives May 29, 2012, at a federal courthouse in Greensboro, N.C., for the seventh day of jury deliberations in his trial on charges of campaign corruption. (Associated Press)

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Trader Edward Radziewicz (left) works May 29, 2012, on the floor of the New York Stock Exchange. (Associated Press)

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** FILE ** John Edwards, a former presidential candidate, and daughter Cate Edwards return to federal court after a break during the sixth day of jury deliberations in Greensboro, N.C., on Friday. (Associated Press)

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Rocks and colorful glass stones decorate the top of the headstone of U.S. Marine Corps. Lance Corporal Eric William Herzberg. (Rod Lamkey Jr/The Washington Times)

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Mementos decorate the top of the headstone of U.S. U.S. Army Staff Sergeant Joshua Micah Mills. (Rod Lamkey Jr/The Washington Times)

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A vegetable vendor peeks out from behind a sign promoting arugula at a market in Buenos Aires. (Associated Press)

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Some analysts believe Argentina is headed toward an economic slowdown and that inflation will continue to rise. (Associated Press)

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Memorial Day weekend travel plans serve as a stark reminder of high gasoline prices, which have developed into a common source of complaint among American drivers left with no choice but to pay heavily at the pump. "The oil companies have cornered the market and they are squeezing us for everything we have," said Bob Simpson, 62, of Lodi, N.J. (Associated Press)

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Francois Hollande (left), the new president of France, has pressed the European Union to embrace measures that promote growth. European Council President Herman Van Rompuy (center) said that EU leaders should consider "innovative, or even controversial, ideas." German Chancellor Angela Merkel previously proposed strict fiscal and deficit targets.