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Reuters


US STOCKS-Wall St resumes slide; semis a drag

A semiconductor index .SOX was down 1 percent, and remained below its April 2010 high, suggesting more bearish activity after the index broke below its 200-day moving average.

“We look for the leaders to lead, and when the leaders aren’t leading, it indicates a problem,” said John Kosar, director of research at Asbury Research in Chicago.