Wall Street down more than 1 percent in broad selloff ~ MAKE MONEY BLOG$

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4/17/13

Wall Street down more than 1 percent in broad selloff

8:17 AM

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NEW YORK (Reuters) - Stocks extended losses on Wednesday, with the top equity indexes down more than 1 percent after a batch of disappointing earnings reports and another drop in commodity prices.

The Dow Jones industrial average (.DJI) fell 148.6 points or 1.01 percent, to 14,608.18, the S&P 500 (.SPX) lost 22.09 points or 1.4 percent, to 1,552.48 and the Nasdaq Composite (.IXIC) dropped 57.61 points or 1.76 percent, to 3,207.02.

(Reporting by Rodrigo Campos; Editing by Nick Zieminski)

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