US stocks closed sharply lower on
Friday, with the S&P 500 ending its worst week since August, as plunging
crude oil prices compounded investor nervousness on expectations for the first
US interest rate hike in nearly a decade.
The Dow Jones industrial average fell
309.54 points, or 1.76 percent, to 17,265.21 with every component in the index
ending down. The S&P 500 lost 39.86 points, or 1.94 percent, to 2,012.37
and the Nasdaq Composite dropped 111.71 points, or 2.21 percent, to 4,933.47.
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