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    Friday, November 27, 2009

    Drug Stocks Chase Broader Market South

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    By Val Brickates Kennedy
    MarketWatch Pulse
       

      BOSTON -- Drug stocks chased the broader market south as stocks fell across the board early Friday on concerns of a possible credit crisis in the United Arab Emirates state of Dubai. The NYSE Arca Pharmaceutical Index and the NYSE Arca Biotechnology Index both fell about 2% to 304.77 and 875.22, respectively. The Dow Jones Industrial Average tumbled almost 200 points to 10,275.

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