US stocks extended losses on Tuesday with the S&P 500 falling below its 50-day moving average for the first time since December 21.
The Dow Jones Industrial Average was down 121.89 points, or 0.94%, at 12,807.70. The Standard & Poor's 500 Index was down 15.55 points, or 1.13%, at 1,366.65. The Nasdaq Composite Index was down 36.30 points, or 1.19%, at 3,010.78.
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