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Mexican stocks turn negative on credit worries

Tue Oct 7, 2008 12:57pm EDT

MEXICO CITY, Oct 7 (Reuters) - Mexican stocks erased sharp early gains to fall sharply on Tuesday as worries about the fast-spreading credit crisis overshadowed some relief after the U.S. Federal Reserve said it would buy commercial paper.

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The IPC stock index .MXX fell 1.11 percent to 21,506. (Reporting by Michael O'Boyle; Editing by James Dalgleish)

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