NEW YORK Cheap Majestic MLB Jerseys From China , Jan. 24 (Xinhua) -- U.S. stocks took their toll Friday, as investors jittered on heavy selling of stocks and currencies in emerging markets.
The Dow Jones Industrial Average plunged 318.24 points, or 1.96 percent, to 15,879.11. The S&P 500 slipped 38.17 points, or 2.09 percent, to 1 Cheap Majestic MLB Jerseys China ,790.27. The Nasdaq Composite Index shed 90.70 points, or 2.15 percent, to 4,128.17.
The Dow and the S&P 500 saw the worst day since June 2013, while the Nasdaq notched the biggest loss not seen since late August.
For the week, the three indices went down 3.5 percent, 2.6 percent and 1.7 percent Cheap Custom Majestic MLB Jerseys , respectively.
Before the steep pullback, Wall Street had been struggling for direction since the beginning of this year, in absence of strong upward momentum seen in 2013 when the broad S&P 500 marked a blockbuster increase of roughly 30 percent.
Spooked by weakening economic data and political instabilities in some emerging markets, investors looking for excuses to sell threw in the towel, pulling stocks sharply lower.
The Wall Street diving came on the heels of a broad stock selloff around the world, due to worries over the emerging markets as well as speculations that the U.S. Federal Reserve would further scale back its bond purchases next week.
Asian stocks suffered for a second consecutive day on Friday, followed by equities in Europe Cheap Majestic MLB Jerseys , which fell across the board, sending Germany's leading DAX index and France's benchmark CAC 40 to tumble more than 2 percent.
Meanwhile, the Chinese Shanghai Composite Index bucked the trend by increasing 0.6 percent Friday