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Stock-market carnage has slashed about 1,400 points from the Dow in 2 brutal days


The Dow Jones Industrial Average on Thursday extended the previous session's gut-wrenching downturn, with the blue-chip index off by more than 540 points and all three major equity benchmarks ending at fresh technical lows. The Dow DJIA, -2.13% closed down 545 points, or 2.1%, at 25,052, while the S&P 500 index SPX, -2.06% ended off 2.1% at 2,728, closing below its 200-day moving average for the first time since April, a day after marking its worst day session since Feb. 8, while the Nasdaq Composite Index also slipped further, off 1.3% at 7,329, edging further beneath its 200-day MA, viewed by technical analysts as a key dividing line between bullish and bearish momentum in an asset. Since Oct.