Australian Market Report of February 23: US and UK Bearish Sentiment

  Sydney, Australia, Feb 23, 2009 - (ABN Newswire) - Friday the US and UK stocks dipped further into its bear-market lows as investors continued selling off amid the bleak global economy outlook. US President Barack Obama is expected to unveil his budget plan which could slash deficit by half this week after signing a massive spending program. The Australian market ended lower Friday. The benchmark S & amp;P/ASX200 index was down 46.5 points, or 1.  

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