India, Oct. 16 -- After recovering from an early slump to end Thursday's session mostly higher, stocks showed a significant move back to the downside during trading on Friday. Technology stocks led the way lower, dragging the tech-heavy Nasdaq down to its lowest closing level in a month.
The Nasdaq ended the day off its lows of the session but still plunged 572.99 points or 2.1 percent to 26,140.03. The S&P 500 also slumped 84.62 points or 1.1 percent to 7,659.44, while the narrower Dow posted a more modest loss, falling 175.28 points or 0.3 percent to 52,002.41.
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