US STOCKS SNAPSHOT-Wall St extends fall after home sales data

NEW YORK, Aug 24 (BestGrowthStock) – U.S. stocks (Read more about the stock market today. ) extended losses on
Tuesday after data showed sales of previously owned U.S. homes
dropped more steeply than expected in July to their lowest pace
in 15 years, implying further loss of momentum in the economic
recovery.

The Dow Jones industrial average (.DJI: ) dropped 154.92
points, or 1.52 percent, to 10,019.49. The Standard & Poor’s
500 Index (.SPX: ) fell 18.05 points, or 1.69 percent, to
1,049.31. The Nasdaq Composite Index (.IXIC: ) lost 40.23 points,
or 1.86 percent, to 2,119.40.

US STOCKS SNAPSHOT-Wall St extends fall after home sales data