US STOCKS SNAPSHOT-Wall St tumbles on Dow Chemical, tech

Newswire

NEW YORK, Dec 29 (Reuters) - U.S. stocks extended declines on Monday as the collapse of a joint venture between Kuwait and Dow Chemical threatened to unravel one of the larger merger deals of the year and overshadowed gains in energy shares. * Dow tumbled more than 20 percent after Kuwait decided to end a $17.4 billion petrochemical joint venture, igniting worries the largest U.S. chemical company would not be able to buy rival Rohm & Haas . Shares of Rohm & Haas slid more than 17 ...

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