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Wall St slides, Nasdaq hits fresh 6-year low


    NEW YORK (Reuters) - U.S. stocks fell further on Monday with the Nasdaq hitting a fresh six-year intraday low as the sell-off in big-cap tech shares accelerated.

    * A drop in health-care shares also helped take indexes lower after Merck's proposed $41 billion takeover of Schering-Plough . Even though news of the acquisition sparked optimism about deal activity, investors worried that it highlighted the broad reach of the recession.

    * In a choppy session, the Dow Jones industrial average fell 95.58 points, or 1.44 percent, to 6,531.36. The Standard & Poor's 500 Index lost 9.04 points, or 1.32 percent, to 674.34. The Nasdaq Composite Index dropped 25.82 points, or 2.00 percent, to 1,268.03.

    (Reporting by Leah Schnurr; Editing by Jan Paschal)