U.S. stocks slide; SP 500 ends at 4-month low NE

U.S. stocks slide; S&P 500 ends at 4-month low
NEW YORK (MarketWatch) -- U.S. stocks extended their slide Thursday, with the Dow finishing lower for an 11th out of 12 sessions, as investors worried about Greece's troubles spreading to other European nations. The Dow Jones Industrial Average (DJIJIA) fell 156.06 points, or 1.2%, at 12,442.49. The S&P 500 (SNC:SPX) shed 19.94 points, or 1.5% to 1,304.86, a four-month low. The Nasdaq Composite (NASDAQ:COMP) fell 60.35 points, or 2.1%, to 2,813.69. "We are in the midst of a garden-variety correction, and those tend to manifest themselves anywhere from 5% to 10% from peak to trough, and now the S&P 500 is down about 7% from its April high," said Art Hogan, a market strategist at Lazard Capital Markets. The primary driver for the recent streak is concern that "Greece's inevitable exit from the euro zone may cause a run on some of the other southern European banks in Spain, Portugal and Italy," he added.