Nasdaq falls below 1,300 as stock slide worsens
Stocks slid further on Thursday, sending the Nasdaq below 1,300 for the first time since November 21, as worries about the fate of General Motors and the major banks fueled a broad sell-off.
* Apprehension ahead of Friday's February payrolls report weighed on the market.
* The Dow Jones industrial average was down 303.62 points, or 4.42 percent, at 6,572.22. The Standard & Poor's 500 Index was down 32.95 points, or 4.62 percent, at 679.92. The Nasdaq Composite Index was down 51.23 points, or 3.78 percent, at 1,302.51, after hitting a session low at 1,298.33.
(Reporting by Ellis Mnyandu; Editing by Jan Paschal)
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