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27/01/2012 - 06:50

US stocks slip on weak data, profit taking

27/01/2012 - 06:50

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US stocks erased early gains on solid earnings reports from Caterpillar and Netflix to end lower on Thursday, with some weak economic data and profit-taking seeming to drive the selling.The Dow Jones Industrial Average closed down 22.33 points (0.18 per cent) at 12,734.63.

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