U.S. stocks holds losses after minutes from the last Federal Reserve meeting

U.S. stocks holds losses after minutes from the last Federal Reserve meeting showed policy makers were not agreed to extend the monetary stimulus registration.

500 of Standard & Poor's fell 1.5 percent to 1,179.51 at 2:05 pm in New York. The Dow Jones Industrial Average fell 160.75 points, or 1.4 percent, at 11,017.83.

Most Fed officials at the meeting of November 2 to 3 additional purchases of securities was the maintenance of asset prices, low interest rates and boost, the Fed said in minutes of the meeting released today Washington. The Fed also said it is considering ways to improve communication with the public, such as press conferences started by President Ben S. Bernanke.

The S & P 500 has fallen 3.8 percent since reaching a maximum of two years on 5 November amid concern crisis of debt in Europe is intensifying and growing speculation that China will raise rates interest. The decline cut indicator rally this year to 5.8 percent.

The holdings earlier declines after the National Association of Realtors report showed that purchases of existing homes fell 2.2 percent to an annual rate of 4.43 million last month from 4.53 million in September. Economists had projected sales would fall to a pace of 4.48 million, according to the median forecast. The median price fell 0.9 percent from a year earlier.