US STOCKS SNAPSHOT-Wall St extends losses, Dow slides 1 pct
NEW YORK Dec 28 (Reuters) - U.S. stocks extended their losses on Friday, with the Dow falling 1 percent as President Barack Obama and top lawmakers met in a last-ditch attempt at a budget deal to prevent the United States from going over the "fiscal cliff."
The Dow Jones industrial average tumbled 125.33 points, or 0.96 percent, to 12,970.98. The Standard & Poor's 500 Index fell 11.66 points, or 0.82 percent, to 1,406.44. The Nasdaq Composite Index lost 16.81 points, or 0.56 percent, to 2,969.09.
- 'Weird Al' Yankovic still trying to wrap head around No. 1 album
- French warplanes search Mali desert for crashed Air Algerie plane |
- Wreckage of Air Algerie plane carrying 116 people found in Mali |
- Crunch time for Gaza truce talks as death toll passes 800 |
- World's oldest joke traced back to 1900 BC