NEW YORK (Reuters) - Stocks sharply extended declines on Friday, with the Nasdaq tumbling 2 percent as earnings from General Electric and Microsoft renewed worries about corporate profits, dragging down the technology and industrial sectors.
The Dow Jones industrial average <.DJI> dropped 170.87 points, or 1.26 percent, to 13,378.07. The Standard & Poor's 500 Index <.SPX> fell 20.33 points, or 1.40 percent, to 1,437.01. The Nasdaq Composite Index <.IXIC> lost 61.61 points, or 2.00 percent, to 3,011.26.
(Reporting by Leah Schnurr; Editing by Jan Paschal)
