Bloomberg News

U.S. Stocks Extend Losses on Report Slovakia Delays Bailout Vote

October 11, 2011

Oct. 11 (Bloomberg) -- U.S. stocks extended losses following a Wall Street Journal report that Slovakia has delayed its vote on enhancing the European bailout fund, fueling concern the region’s debt crisis will worsen.

The Standard & Poor’s 500 Index fell 0.2 percent to 1,192.09 at 12:52 p.m. in New York after drifting between gains and losses for most of the day.

A repeat vote on enhancing the rescue fund is unlikely to take place on Wednesday and may be held later this week, the newspaper reported on its website, without citing anyone. Slovakia is the only nation that hasn’t approved the measure.

To contact the editor responsible for this story: Michael P. Regan at mregan12@bloomberg.net


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