DOW Drops 306

NEW YORK (MarketWatch) — U.S. stocks on Thursday sold off for a third day straight, with the Dow sinking to 10-month lows, after Federal Reserve Chairman Ben Bernanke spoke about the country’s economic trouble and a regional measure of economic activity contracted. The Dow Jones Industrial Average ($INDU:

$INDU
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$INDU, , ) lost 307 points, or 2.5%, to end at 12,159.2. The S&P 500 ($SPX:

S&P 500 Index
 Last: 1,325.19-8.06-0.60%
4:59pm 01/18/2008
Delayed quote data

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$SPX 1,325.19, -8.06, -0.6%) fell 39.92 points, or 2.9%, to 1,333.28, while the Nasdaq Composite (COMP:

Nasdaq Composite Index
 Last: 2,340.02-6.88-0.29%
5:16pm 01/18/2008
Delayed quote data

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COMP 2,340.02, -6.88, -0.3%) fell 47.69 points to

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