More news on plunging Latin American stocks reacting to a convulsing U.S. economy:
Business Week said Sao Paulo's Ibovespa stock index dropped 13.8 percent.
Many Latin American leaders are insisting U.S. financial problems will not have a large impact on Latin America.
MarketWatch reports that equity markets in Latin America posted steep losses.
Finally, Reuters reports the Morgan Stanley Capital International Latin American stocks index fell 12.64 percent.
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