US STOCKS SNAPSHOT-Stocks extend slide as tech, banks weigh


July 15, 2010 Updated Mar 20, 2009 at 2:01 PM CDT

NEW YORK (Reuters) - U.S. stocks extended their
slide Friday as bank shares, including JPMorgan ,
stumbled following news of a tepid debut of a key U.S. Federal
Reserve measure to revive lending.

* Industrials stocks also faltered with 3M dragging
the Dow lower.

* Big-cap technology stocks, including Intel <INTC.O>, hurt
the Nasdaq. The chipmaker dropped 5 percent to $14.38.

* The Dow Jones industrial average <.DJI> dropped 102.59
points, or 1.39 percent, to 7,298.21. The Standard & Poor's 500
Index <.SPX> fell 15.30 points, or 1.95 percent, to 768.74. The
Nasdaq Composite Index <.IXIC> slid 30.49 points, or 2.06
percent, to 1,452.99.

(Reporting by Deepa Seetharaman; Editing by Theodore

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