Wall St. drops after news of drug takeover
U.S. stocks fell in choppy trade and the Nasdaq closed at its lowest level since October 2002 on Monday as shares of the biggest drugmakers fell after Merck's
* The Dow Jones industrial average <.DJI> fell 79.89 points, or 1.21 percent, to end unofficially at 6,547.05. The Standard & Poor's 500 Index <.SPX> lost 6.85 points, or 1.00 percent, to 676.53. The Nasdaq Composite Index <.IXIC> shed 25.21 points, or 1.95 percent, to 1,268.64.
(Reporting by Leah Schnurr; Editing by Jan Paschal)
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