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Saturday, July 05, 2008

"Nikkei index in longest slide since 1965," World News, July 5, 2008.

TOKYO (AP) -- Japan's most-watched stock index has fallen for the 10th straight session -- its longest slide since 1965. Auto and banking shares fell Wednesday as investors remained jittery ahead of U.S. employment data for June and an interest rate decision from the European Central Bank, both due Thursday.

"The market mood is really uncertain right now," said Hiroichi Nishi, general manager at Nikko Cordial Securities in Tokyo. "Everyone is looking outside of Japan for cues."

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