RTRS: US STOCKS-Market extends slide after Paulson's comments
NEW YORK, Nov 12 (Reuters) - U.S. stocks extended losses on Wednesday after Treasury Secretary Henry Paulson said his department would consider capital needs of non-bank financial institutions, renewing concerns about the scope of problems in the U.S. economy. For details, see [ID:nLC52922].
The Dow Jones industrial average .DJI was down 294.94 points, or 3.39 percent, at 8,399.02. The Standard & Poor's 500 Index .SPX was down 30.39 points, or 3.38 percent, at 868.56. The Nasdaq Composite Index .IXIC was down 44.55 points, or 2.82 percent, at 1,536.35. (Reporting by Ellis Mnyandu; Editing by Kenneth Barry)