Wednesday, December 7, 2011

US STOCKS SNAPSHOT-Nasdaq falls 1 pct

NEW YORK (Dec 7): U.S. stocks extended losses on Wednesday, with the Nasdaq falling 1 percent, as investors pulled back after days of gains built on optimism built on expectations of progress on a resolution to the euro zone debt crisis.

The Dow Jones industrial average was down 78.60 points, or 0.65 percent, at 12,071.53. The Standard & Poor's 500 Index was down 10.50 points, or 0.83 percent, at 1,247.97. The Nasdaq Composite Index was down 30.07 points, or 1.13 percent, at 2,619.49. - Reuters

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