(Bloomberg) -- Australian stocks fell from a record high. Rio Tinto Group declined along with metals prices. Stocks with U.S. earnings such as Westfield Group dropped after falling retail sales, higher import prices and a wider trade deficit heightened concern the world's biggest economy will slow.
The S&P/ASX 200 Index lost 67.10, or 1.1 percent, to 6288.40 as of 10:22 a.m. in Sydney. About seven stocks dropped for every one that gained.
Read more at Bloomberg Stocks News
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