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Stocks drop on expected US weakness

US corporate reporting season that starts on Thursday is seen to be disappointing


AFTER gaining 169 points or about 6 per cent between Monday and Wednesday, the Straits Times Index (STI) on Thursday fell 14.78 points to 2,947.03 as it spent the day tracking the Dow futures, the latter dropping as much as 130 points at one stage.

Expectations of a weak Thursday for Wall...

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