Markets
Wall Street extends losses; Nasdaq off 1pc
NEW YORK : US stocks extended losses on Friday, with the Nasdaq briefly falling more than 1 percent on renewed fears a
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NEW YORK: US stocks extended losses on Friday, with the Nasdaq briefly falling more than 1 percent on renewed fears about the European debt crisis.
The Dow Jones industrial average was down 99.22 points, or 0.82 percent, at 11,950.78. The Standard & Poor's 500 Index was down 10.46 points, or 0.81 percent, at 1,273.04. The Nasdaq Composite Index was down 24.40 points, or 0.91 percent, at 2,662.35.
A brief suspension in the trading of some big Italian banks and nervousness over Greece's ability to execute austerity measures raised new concerns about the European debt crisis.
Copyright Reuters, 2011
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