US STOCKS-Nasdaq plunges over 4%, S&P 500 set to confirm correction

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)

* S&P 500 falls over 10% from its record closing high on Jan 3

* Kohl’s surges as Sycamore, Acacia show takeover interest

* Information Technology top S&P 500 sectoral loser

* Indexes drop: Dow 3.15%, S&P 3.9%, Nasdaq 4.8% (Adds comment, details; updates prices)

By Devik Jain and Bansari Mayur Kamdar

Jan 24 (Reuters) – U.S. stock indexes plunged on Monday, with the S&P 500 on course to…


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