BLBG: U.S. Stocks Extend Losses as Consumer, Industrial Shares Slump
By Michael P. Regan
May 19 (Bloomberg) -- U.S. stocks extended losses, led by consumer and industrial companies, as Germany’s ban on certain bearish investments and a jump in mortgage foreclosures to a record triggered a flight from equities.
The Standard & Poor’s 500 Index lost 0.5 percent to 1,114.88 at 10:13 a.m. in New York. The Dow Jones Industrial Average tumbled 79.28 points, or 0.8 percent, to 10,431.67.
