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Stocks smashed as oil continues to fall

FRIDAY was a bad day for North American and European markets as oil continued its downward spiral.

Kristie Batten

West Texas Intermediate crude oil fell a further 3.6% or $US2.14 to $57.81 a barrel. On Wall Street, the Dow Jones Industrial Average dropped 1.8% or 315.5 points, while the S&P 500 fell 1.6% or 33...

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