Stocks slide on Wall Street, extending sell-off

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Spain’s government said that it had met its financing needs for the year after raising the equivalent of $6.07 billion in a series of bond auctions on Thursday. Spain became the focal point of the European debt crisis earlier this year amid concern that it would struggle to refinance its debt at affordable rates.

Among stocks making big moves:

• Energy drink maker Monster Beverage sank 57 cents to $44.40 after the company said its revenue growth slowed in the third quarter.

• Dean Foods rose 32 cents to $16.40 after the company reported a third quarter profit of $36 million for the third quarter, compared with a $1.5 billion loss in the same period a year earlier.

• Burger chain Wendy’s rose 13 cents to $4.39 after the company said that a key sales figure rose. Revenue at restaurants open at least 15 months rose 2.7 percent, the sixth straight quarter of growth.

• CBS rose 36 cents to $34.36 after the company said that earnings rose 16 percent as falling ad revenue was offset by higher fees from pay TV distributors.

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