- 10Apr
(Reuters) - Stocks fell sharply on Thursday with all three major indexes breaking through their 50-day moving averages in a sign of waning upward momentum as concerns over the economy weighed.
The Dow Jones industrial average was down 191.78 points, or 1.57 percent, at 12,021.31. The Standard & Poor's 500 Index was down 21.61 points, or 1.64 percent, at 1,298.41. The Nasdaq Composite Index was down 50.61 points, or 1.84 percent, at 2,701.11.
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Wall Street technicals weaken on growth concerns
