India, Oct. 23 -- Following the sell-off seen during Thursday's session, stocks saw further downside over the course of the trading day on Friday. The major averages all ended the day in negative territory, with the Dow showing a particularly steep drop.

The Dow slumped 652.82 points or 1.2 percent to 52,215.16, pulling back off the one-month closing high set in the previous session.

The S&P 500 also fell 39.75 or 0.5 percent to a one-month closing low of 7,623.68, while the Nasdaq slipped 53.52 points or 0.2 percent to 25,955.34, ending the day at its lowest closing level since early August.

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