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US benchmarks start firmly in red afer long weekend; Microsoft/Activision Blizzard deal in spotlight

US benchmarks start firmly in red afer long weekend; Microsoft/Activision Blizzard deal in spotlight

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9.52am: US stocks sharply lower at open US stocks started firmly lower on Tuesday after Wall Street was closed on Monday for Martin Luther King day as traders look again to corporate earnings this week. In New York, the Dow Jones Industrial Average started 521 points down at 35,390.

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