Wall Street extends losses, banks weigh
regulators and company earnings disappointed investors.
The Dow Jones industrial average dropped 150.47 points, or 1.35 percent, to 10,994.10. The Standard & Poor's 500 Index fell 22.83 points, or 1.88 percent, to 1,188.84. The Nasdaq Composite Index lost 43.06 points, or 1.71 percent, to 2,472.63.
Goldman shares fell more than 12 percent at $161.38 after hitting a session low of more than 15 percent. The KBW bank index dropped 4.3 percent.
(Editing by Kenneth Barry)