Wall Street extends losses; Nasdaq off one percent

NEW YORK | Thu Feb 21, 2013 1:31am IST

(Reuters) - U.S. stocks extended losses on Wednesday following minutes from the U.S. Federal Reserve that suggested the central bank may have to slow or stop buying assets before seeing a pickup in hiring.

The Dow Jones industrial average .DJI was down 68.54 points, or 0.49 percent, at 13,967.13. The Standard & Poor's 500 Index .SPX was down 13.14 points, or 0.86 percent, at 1,517.80. The Nasdaq Composite Index.IXIC was down 33.43 points, or 1.04 percent, at 3,180.16.

(Reporting by Angela Moon; Editing by Jan Paschal)




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