India, Feb. 21 -- Stocks moved sharply lower over the course of the trading day on Friday, extending the pullback seen during Thursday's session. The major averages all showed significant moves to the downside, with the Dow tumbling to its lowest closing level in a month.
The major averages moved roughly sideways going into the close, lingering near their worst levels of the day. The Dow plunged 748.63 points or 1.7 percent to 43,428.02, the Nasdaq dove 438.36 points or 2.2 percent to 19,524.01 and the S&P 500 slumped 104.39 points or 1.7 percent to 6,013.13.
With the steep drop on the day, the major averages also moved sharply lower for the holiday-shortened week. The Dow and the Nasdaq both plummeted by 2.5 percent, while the S&P 500 tu...