In this Jan. 25, 2012 photo, traders work on the floor of the New York Stock Exchange. World stocks faced multiple headwinds Friday Jan. 27, 2012 after disappointing Japanese earnings,

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In this Jan. 25, 2012 photo, traders work on the floor of the New York Stock Exchange. World stocks faced multiple headwinds Friday Jan. 27, 2012 after disappointing Japanese earnings, higher unemployment in Spain and weak U.S. home sales. Investors awaited quarterly growth figures from the U.S. later in the day. (AP Photo/Richard Drew) less