NEW YORK (Reuters) - Stocks extended losses on Thursday as data showing U.S. factory orders tumbled in August heightened concerns about the economy.
All three major indexes fell more than 2 percent as the negative data added to anxiety about the fate of a $700 billion financial-sector rescue plan.
The Senate passed a revised plan on Wednesday, two days after the House rejected the initial version and triggered the biggest slide in U.S. stocks in more than two decades. A second House vote was expected on Friday.
The Dow Jones industrial average was down 231.14 points, or 2.13 percent, at 10,599.93. The Standard & Poor's 500 Index was down 28.29 points, or 2.44 percent, at 1,132.77. The Nasdaq Composite Index was down 47.78 points, or 2.31 percent, at 2,021.62.
(Reporting by Steven C. Johnson; Editing by Kenneth Barry)
