NEW YORK (Reuters) - U.S. stocks extended losses on Friday, with the Nasdaq Composite trading below 4,000 for the first time in more than a month as biotech and momentum stocks extended losses from the previous session's sharp selloff.
The Dow Jones industrial average <.DJI> fell 148.36 points or 0.92 percent, to 16,021.86, the S&P 500 <.SPX> lost 17.86 points or 0.97 percent, to 1,815.22 and the Nasdaq Composite <.IXIC> dropped 60.369 points or 1.49 percent, to 3,993.738.
On the overall market, disappointing earnings from JPMorgan Chase weighed on the financial sector.
(Reporting by Rodrigo Campos; Editing by Meredith Mazzilli)
