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Wall Street slides as Saudi Arabia, Italy add to economic concerns

Updated : October 19, 2018 08:02 AM IST

The benchmark S&P 500 index closed just above its 200-day moving average, a key indicator of long-term price trends.
S&P 500 technology and consumer discretionary stocks fell more than 2 percent, as did the tech-heavy Nasdaq. Among the S&P's major sectors, only utilities and real estate, considered defensive, avoided losses.
Wall Street slides as Saudi Arabia, Italy add to economic concerns

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