☰

Telecomunicaciones y tecnología

Market drops as financials drag; S&P below 900


    NEW YORK (Reuters) - U.S. stocks extended losses on Tuesday as financial shares slid sharply for a second straight day and investors worried that there are too few catalysts on the horizon to sustain the recent rally.

    The slide pulled the benchmark S&P 500 below the psychologically important 900 support level for the first time in a week, on an intraday basis.

    Technology shares were another big drag after their recent surge.

    The Dow Jones industrial average was down 48.58 points, or 0.58 percent, at 8,370.19. The Standard & Poor's 500 Index was down 10.90 points, or 1.20 percent, at 898.34. The Nasdaq Composite Index was down 31.62 points, or 1.83 percent, at 1,699.62.

    (Reporting by Ellis Mnyandu; Editing by Jan Paschal)