(Reuters) - NEW YORK, April 1 - Despite shake-ups that sent stock markets around the world into tailspins and recent initial public offering stumbles, first-quarter volume for new issues in the United States outpaced the year-ago period.
After the slide of China's main market in February and the acceleration of the subprime mortgage market's woes in the following weeks, the Dow Jones industrial average sank from a lifetime peak reached earlier this year and remains down about 3 percent from that peak.
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