RTRS: US STOCKS-Wall St extends losses as factory orders tumble
NEW YORK, Oct 2 (Reuters) - U.S. 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 .DJI was down 231.14 points, or 2.13 percent, at 10,599.93. The Standard & Poor's 500 Index .SPX was down 28.29 points, or 2.44 percent, at 1,132.77. The Nasdaq Composite Index .IXIC was down 47.78 points, or 2.31 percent, at 2,021.62. (Reporting by Steven C. Johnson; Editing by Kenneth Barry)