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Friday brought a series of negative data indicating a gradual slowdown in the U.S. market. The New York Federal Reserve said its general business conditions index plunged from a positive 9.1 in November to a negative 14.5 in December, indicating a decline in capacity utilization. The manufacturing sector was up by only 0.2% in November, which clearly appears as a rollback after -0.8% in October.The German ifo Business Climate Index fell in December, with companies being less satisfied with their
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