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10/10/2011 - 06:44

US stocks sink on Italy, Spain ratings cut

10/10/2011 - 06:44

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Wall Street stocks closed in the red on Friday after a credit downgrade on Italy and Spain snuffed out a rally on better-than-expected US jobs numbers.The Dow Jones Industrial Average shed 20.21 points (0.18 per cent) on Friday to finish at 11,103.12.

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