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Wall Street slips more after home sales data


    NEW YORK (Reuters) - Stocks added to losses on Thursday, with the S&P 500 and the Nasdaq down more than 2 percent, pressured by declines in the financial and technology sectors and after data showed new home sales fell in December by its largest monthly decline since 1994.

    * Continued jobless claims hit highest on record.

    * The Dow Jones industrial average fell 117.88 points, or 1.41 percent, to 8,257.57. The Standard & Poor's 500 Index lost 16.86 points, or 1.93 percent, to 857.23. The Nasdaq Composite Index slipped 29.84 points, or 1.91 percent, to 1,528.50.

    (Editing by James Dalgleish)