Swiss shares fall for second straight day

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Source: Bloomberg
© Scanpix/Retersz
Shares in Switzerland slid for a second straight day as S&P downgraded its second-largest bank and on increasing oil prices. The Swiss Market Index fell 1.4% to 7,622.58 as of 9:54 a.m. Zurich time; moreover, the gauge has dropped 9.3% since the Fed's Bernanke statement on May 22. The Swiss Performance Index slipped 1.3% today.
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