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Mexican stocks drop 2 pct on U.S. credit crunch

Tue Mar 4, 2008 11:41pm IST
 
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MEXICO CITY, March 4 (Reuters) - Mexican shares dropped sharply on Tuesday in line with other global stocks as renewed worries about a simmering U.S. credit crunch spurred an equity sell-off.

The IPC stock index .MXX lost 2.09 percent to 28,910 points. (Reporting by Michael O'Boyle, Editing by Chizu Nomiyama)

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