Stocks hit 2008 low on US fears

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Stocks hit 2008 low on US fears

10th March 2008, 00:50:AM

AUSTRALIAN shares fell 1.9 per cent to hit a fresh 2008 low today after bleak US jobs data added to mounting evidence that the US was in a recession, while banks fell amid more signs of trouble in credit markets.

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Tags: business, credit, recession, shares

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Stocks hit 2008 low on US fears

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