MSM: Stocks extend decline as economic woes mount

Wall Street extends decline as Cisco comments, retailers’ sales add to recession worries

NEW YORK (AP) — Wall Street recoiled again Thursday, sending stocks lower for a second day after Cisco Systems Inc. reported slumping demand and retailers turned in generally weak sales for October. Concerns about widespread economic weakness sent the major stock indexes down more than 3.5 percent, including the Dow Jones industrial average, which tumbled 400 points.