US STOCKS-Economic, inflation jitters slam Wall St

Newswire

(Updates with indexes falling further) NEW YORK, Dec 17 (Reuters) - U.S. stocks extended losses on Monday, sending the Nasdaq down 2 percent, as investors feared that the threat of rising inflation and fallout from the housing slump would dim the outlook for corporate profits. The Dow Jones industrial average was down 158.51 points, or 1.19 percent, at 13,181.34. The Standard & Poor's 500 Index was down 18.94 points, or 1.29 percent, at 1,449.01. The Nasdaq Composite Index was down ...

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