NEW YORK (Reuters) - Stock extended losses on Thursday following a report that showed a steeper-than-expected drop in existing-home sales in June, heightening concern about the impact of the housing slump on economic growth.The Dow Jones industrial average <.DJI> slid 120.75 points, or 1.04 percent, to 11,511.63. The Standard & Poor's 500 Index <.SPX> dropped 8.66 points, or 0.68 percent, to 1,273.53. The Nasdaq Composite Index <.IXIC> fell 17.89 points, or 0.77 percent, to 2,307.99.(Reporting by Ellis Mnyandu; Editing by Kenneth Barry)
(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
