(Updates with stocks extending losses)
NEW YORK, March 14 (Reuters) - U.S. stocks extended losses on Friday, with all three major indexes briefly falling more than 2 percent, as shares of financial companies sold off on concerns about the fallout from Bear Stearns' (BSC.N: Quote, Profile, Research) liquidity issues.
The Dow Jones industrial average .DJI was down 194.08 points, or 1.60 percent, at 11,951.66. The Standard & Poor's 500 Index .SPX was down 24.76 points, or 1.88 percent, at 1,290.72. The Nasdaq Composite Index .IXIC was down 37.19 points, or 1.64 percent, at 2,226.42. (Reporting by Caroline Valetkevitch; Editing by James Dalgleish)
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