India, July 17 -- Following the pullback seen in the previous session, stocks showed another move to the downside during trading on Friday. The major averages all moved notably lower, with the Nasdaq showing another significant decline.

The Nasdaq tumbled 361.70 points or 1.4 percent to 25,520.24, the S&P 500 slumped 76.08 points or 1 percent to 7,457.69 and the Dow slid 406.55 points or 0.8 percent to 52,146.42.

For the week, the Nasdaq plunged by 2.9 percent, the S&P 500 dove by 1.6 percent and the Dow tumbled by 0.9 percent.

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