Wall Street falls more than two percent after consumer confidence data

Reuters 

(Reuters) - U.S. stocks extended losses on Thursday, with the Jones Industrial Average shedding nearly half of its more than 1,000 point gain notched in the previous session after data showed consumer confidence in December fell to its lowest level since July.

At 10:31 a.m. EDT the Jones Industrial Average was down 508.11 points, or 2.22 percent, at 22,370.34, the S&P 500 was down 52.86 points, or 2.14 percent, at 2,414.84 and the was down 155.05 points, or 2.37 percent, at 6,399.31.

(Reporting by in Bengaluru; Editing by Anil D'Silva)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, December 27 2018. 21:15 IST