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Nasdaq drops 2 percent as Wall Street extends losses

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Reuters NEW YORK

NEW YORK (Reuters) - The Nasdaq Composite fell more than 2 percent as U.S. stocks extended losses on Monday, pressured by weak data out of China that triggered a selloff in commodities.

The Dow Jones industrial average fell 203.35 points or 1.37 percent, to 14,661.71. The S&P 500 lost 28.49 points or 1.79 percent, to 1,560.36. The Nasdaq Composite dropped 70.2 points or 2.13 percent, to 3,224.75.

(Reporting by Rodrigo Campos; Editing by Jan Paschal)

 

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First Published: Apr 16 2013 | 12:51 AM IST

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