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Asia stocks fall on dismal US hiring report

June 04, 2012

BANGKOK (AP) -- Asian stock markets took a beating Monday as another setback for the U.S. economic recovery sent investors fleeing. Weak U.S. hiring in May pushed Wall Street indexes to their biggest declines of the year on Friday. The Dow Jones industrial average fell 275 points, its biggest one-day decline since November. Japan's Nikkei 224 index dropped 1.9 percent to 8,277.56 and Hong Kong's Hang Seng tumbled 2.4 percent to 18,119.01....

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