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Telecomunicaciones y tecnología

Wall Street near session lows after Fed Beige Book


    NEW YORK (Reuters) - U.S. stocks traded near session lows on Wednesday after the U.S. Federal Reserve release its snapshot of regional economic activity showing conditions stayed weak or worsened in May.

    * The report added to worries about surging oil prices and the specter of rising interest rates.

    * The Dow Jones industrial average dropped 119.71 points, or 1.37 percent, to 8,643.35. The Standard & Poor's 500 Index fell 13.48 points, or 1.43 percent, to 928.95. The Nasdaq Composite Index declined 32.05 points, or 1.72 percent, to 1,828.08.

    (Reporting by Ellis Mnyandu; editing by Jeffrey Benkoe)