Wall Street falls further, Nasdaq drops 2 percent

by Blog Burger on June 25, 2012

Traders work on the floor of New York Stock ExchangeNEW YORK (Reuters) – Stocks extended losses on Monday, with the Nasdaq down more than 2 percent as investors were reluctant to buy risky assets ahead of a European Union summit later this week. The Dow Jones industrial average dropped 169.76 points, or 1.34 percent, to 12,471.02. The Standard & Poor's 500 Index fell 24.46 points, or 1.83 percent, to 1,310.56. The Nasdaq Composite Index lost 61.74 points, or 2.13 percent, to 2,830.68. (Reporting By Chuck Mikolajczak, editing by Dave Zimmerman)

Business News Headlines – Yahoo! News

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