Wall Street led lower as banks extend losses (Reuters)

NEW YORK (Reuters) ? Stocks extended losses on Monday, with all three major indexes falling more than 1 percent.

The Dow Jones industrial average (.DJI) was down 125.79 points, or 0.99 percent, at 12,534.67. The Standard & Poor's 500 Index (.SPX) was down 15.20 points, or 1.15 percent, at 1,301.13. The Nasdaq Composite Index (.IXIC) was down 32.14 points, or 1.14 percent, at 2,784.41.

(Reporting By Angela Moon)

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/nm/20120130/bs_nm/us_markets_stocks

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