Business Standard

Wall St extends losses; S&P off 2 pct

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Reuters NEW YORK

NEW YORK (Reuters) - U.S. stocks extended losses on Monday, falling more than 2 percent after the S&P 500 index's biggest weekly decline in two months, as investors repriced shares in the wake of the Federal Reserve's plans to withdraw its stimulus.

The Dow Jones industrial average was down 223.78 points, or 1.51 percent, at 14,575.62. The Standard & Poor's 500 Index was down 29.25 points, or 1.84 percent, at 1,563.18. The Nasdaq Composite Index was down 56.38 points, or 1.68 percent, at 3,300.87.

(Reporting by Angela Moon; Editing by Kenneth Barry)

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First Published: Jun 24 2013 | 9:11 PM IST

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