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Empresas y finanzas

Wall Street extends losses on Fed news


    NEW YORK (Reuters) - Stocks added to losses on Wednesday after the Federal Reserve extended its monetary stimulus to bolster a flagging recovery, renewing its effort to depress borrowing costs by selling short-term bonds to buy longer-dated ones.

    The Dow Jones industrial average was down 74.93 points, or 0.58 percent, at 12,762.40. The Standard & Poor's 500 Index was down 10.35 points, or 0.76 percent, at 1,347.63. The Nasdaq Composite Index was down 16.11 points, or 0.55 percent, at 2,913.65.

    (Reporting by Angela Moon; Editing by Kenneth Barry)