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Wall Street sell-off finally takes its toll

Banks lead losses; oil-price sensitive stocks such as Keppel Corp and Sembcorp Industries also drag down index
Tuesday, December 16, 2014 - 05:50
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Wall Street may not have had much of an impact here this year but Monday was an exception with the Straits Times Index plunging 29.99 points or 0.9 per cent to 3,294.14 in the wake of a large Friday selloff in the US.

WALL Street may not have had much of an impact here this year but Monday was an exception with the Straits Times Index plunging 29.99 points or 0.9 per cent to 3,294.14 in the wake of a large Friday selloff in the US. A firm opening for Europe - probably short covering after Friday's selling -