US STOCKS SNAPSHOT-Wall Street extends sell-off, S&P breaches key level

Reuters

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    Oct 11 (Reuters) - U.S. stocks dropped on Thursday,
extending a sell-off from a day earlier, after the major indexes
broke though some key technical levels as risk-appetite showed
no signs of picking up.
    The benchmark S&P 500 dropped below its 200-day moving
average price, while the Dow Jones Industrial Average slipped
below its 100-day moving average. The Nasdaq was also trading
below its 200-day moving average.
    At 11:16 a.m. ET the Dow  .DJI  was down 333.92 points, or
1.30 percent, at 25,264.82, the S&P  .SPX  was down 37.07
points, or 1.33 percent, at 2,748.61 and the Nasdaq Composite
 .IXIC  was down 72.61 points, or 0.98 percent, at 7,349.44.

 (Reporting by Shreyashi Sanyal in Bengaluru; Editing by Shounak
Dasgupta)
 ((Shreyashi.Sanyal@thomsonreuters.com; +1 646 223 8780 ;
Reuters Messaging:
Shreyashi.Sanyal.thomsonreuters.com@reuters.net))

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