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| February 06, 2008 | Wednesday | Muharram 27, 1429 |
US shares dip
NEW YORK, Feb 5: Wall Street shares took a nosedive on Tuesday after a surprisingly weak reading on US service sector activity intensified fears about a recession in the world’s biggest economy. The Dow Jones Industrial Average sank 245.41 points (1.94pc) to 12,347.31 while the tech-heavy Nasdaq shed 39.94 points (1.68pc) to 2,342.91—AFP
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