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Market lower as dollar slides

THE Australian market partially recovered from a morning dip but still closed lower today, while the Australian dollar slipped under US69c for the first time in more than six years.

Jack McGinn

The S&P/ASX 200 index fell substantially to below 5000 points during today’s session, sitting as low as 4973.4 points early before partially recovering to close 0.2% or 10.2 points lower at 5030.4 points....

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