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JUL 07, 2014 - San Francisco Chronicle

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Asian stocks quiet after US indexes hit record

South Korea's Kospi index edged 0.1 percent lower to 2,002.89 after Samsung announced in a regulatory filing that its preliminary operating profit fell 24 percent from a year earlier in the April-June quarter. Global stock markets fell Monday after U.S. indexes rallied to record highs after the official U.S. jobs report showed the world's largest economy generated a stronger-than-expected 288,000 jobs in June, as unemployment fell to 6.1 percent. In energy markets, U.S. crude for August delivery was down 14 cents to $103.39 a barrel in electronic trading on the New York Mercantile Exchange.

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