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Mexico stocks down 1 pct on US credit worries

Thu Mar 6, 2008 10:56pm IST
 
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MEXICO CITY, March 6 (Reuters) - Mexican stocks fell sharply on Thursday following news of a default at a U.S. home lender and after a report showed U.S. mortgage foreclosures hit a record high.

The benchmark IPC index .MXX dropped 1.03 percent to 28,975 points. (Reporting by Jason Lange; Editing by Jonathan Oatis)

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