Wall Street Selloff Intensifies In Late Trade

MarketWatch Pulse

Selling on Wall Street intensified in late afternoon Friday, with the Dow Jones Industrial Average losing more than 330 points. The blue-chip average is on track for its biggest one-day point decline since October, down 346 points, or 1.9% to 17,759.54. The main indexes are on track to record weekly loss after two straight weeks of gains. The S&P 500 is down 30 pints, or 1.5%, to 2,074.25. Consumer discretionary and tech stocks were hit the hardest, while all 10 main sectors were trading with solid losses. The Nasdaq Composite is down 90 points, or 1.8%, to 4,917.37.

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