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NEW YORK (Reuters) - Stocks fell on Thursday, taking the Nasdaq down 1 percent and further into bear market territory, after network equipment maker Cisco Systems Inc warned of slowing orders, raising worries about the business spending outlook.
The Dow Jones industrial average was down 72.19 points, or 0.59 percent, at 12,127.91. The Standard & Poor's 500 Index was down 9.31 points, or 0.70 percent, at 1,317.14. The Nasdaq Composite Index was down 25.20 points, or 1.11 percent, at 2,253.55.
(Reporting by Ellis Mnyandu; Editing by Kenneth Barry)
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