US STOCKS SNAPSHOT-Wall St extends losses on data; commods slide
NEW YORK, June 15 (Reuters) - The Nasdaq fell 3 percent on Monday while the Dow industrials and S&P 500 fell to session lows, as a pullback in commodity prices weighed on resource shares and weak New York State manufacturing data hurt investor sentiment.
* Big-cap technology companies fall on profit-taking.
* The Dow Jones industrial average .DJI dropped 215.32 points, or 2.45 percent, to 8,583.94. The Standard & Poor's 500 Index .SPX fell 26.29 points, or 2.78 percent, to 919.92. The Nasdaq Composite Index .IXIC lost 53.88 points, or 2.90 percent, to 1,804.92. (Editing by Padraic Cassidy)
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GLOBAL RECOVERY
Global economy in holding pattern - IMF
The global economy is in a holding pattern and vulnerable to more upheaval, the head of the IMF said, adding a lasting recovery will depend on policymakers taking the proper steps in the coming months. Full Article
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