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US stock markets
experienced a decline on Wednesday as investors were concerned about
forthcoming Italian 10-year bond auction on Thursday. Italian 10-year borrowing
costs currently are fluctuating near 7%. Dow Jones Industrial Average
lost 1.1% or 139.94 points at 12,151.41. S&P 500 Index
and Nasdaq Composite fell 1.3% or 15.79 and 35.22 points to 1,249.64
and 2,589.98 respectively.