(For a live blog on the U.S. stock market, click LIVE/ or type LIVE/ in a news window.)

* Airlines, casino stocks down on concerns of travel demand

* Banks follow U.S. Treasury yields lower

* Crude slips below $60, energy shares down

* Dow down 1.57%, S&P 500 down 1.57%, Nasdaq down 1.89% (Updates to market close)

By Chuck Mikolajczak

NEW YORK, Jan 27 (Reuters) – U.S. stocks suffered their worst day in over three months on Monday as China extended the Lunar New Year holiday due to a virus outbreak, fueling worries about the economic impact of containment efforts in the world’s second largest economy.

The benchmark S&P 500 suffered its worst weekly performance since September last week as China locked down several cities and curbed travel, reminding investors of

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