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US STOCKS SNAPSHOT-Wall St extends declines heading into close

Source : REUTERS
Last Updated: Thu, May 02, 2013 03:36 hrs

NEW YORK, May 1 (Reuters) - U.S. stocks extended declines late on Wednesday, with indexes down 1 percent as the Federal Reserve's decision to stand pat on its current monetary stimulus was not able to offset weak economic figures and several lackluster earnings reports.

The Dow Jones industrial average dropped 146.16 points, or 0.98 percent, to 14,693.64. The Standard & Poor's 500 Index fell 15.57 points, or 0.97 percent, to 1,582.00. The Nasdaq Composite Index lost 30.96 points, or 0.93 percent, to 3,297.83.

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