NEW YORK (Reuters) - Stocks extended losses on Monday, with the Nasdaq down more than 2 percent as investors were reluctant to buy risky assets ahead of a European Union summit later this week.
The Dow Jones industrial average <.DJI> dropped 169.76 points, or 1.34 percent, to 12,471.02. The Standard & Poor's 500 Index <.SPX> fell 24.46 points, or 1.83 percent, to 1,310.56. The Nasdaq Composite Index <.IXIC> lost 61.74 points, or 2.13 percent, to 2,830.68.
(Reporting By Chuck Mikolajczak, editing by Dave Zimmerman)
