NATIONAL

Wall Street extended its losses Thursday, a day after an inflation scare sent the Dow Jones industrial average on its biggest one-day drop in three years and put the Nasdaq composite index in the red for 2006.

According to preliminary calculations, the Dow dropped 77.32, or 0.69 percent, to 11,128.29. On Wednesday, the Dow had its worst session since sinking 307 points on March 24, 2003. The Standard & Poor’s 500 index lost 8.51, or 0.67 percent, to 1,261.81, and the Nasdaq sank 15.48, or 0.7 percent, to 2,180.32.

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Reinhold Industries Inc. dropped 18 percent to $12.25. Napster Inc., which reported earnings Wednesdy, fell 18 percent to $3.21. Crown Media Holdings Inc. was down 6 percent to $4.16. AdStar Inc., which was cut to long-term “buy” from “strong buy” at Capstone Investments Inc., fell 2.6 percent to $1.06. International Rectifier Corp., which on Wednesday amended its most recent 10Q report to reflect a restatement of cash flow, lost 3 percent to $44.07.

Aspyra Inc., which raised $4.5 million in a private placement, jumped 10 percent to $2.15. PC Mall Inc. rose 4.5 percent to $7. Hot Topic Inc., which reported earnings Wednesday, gained 4 percent to $14.61. Global ePoint Inc., which reported earnings Wednesday, added 2.5 percent to $2.87.