Yahoo Finance reports:
U.S. stocks plunged Friday, extending a crushing week of declines for the major equity indices. The S&P 500 fell 2.06%, or 50.76 points, as of market close and is down 7% this week. This was the worst week for the S&P 500 since August 2011.
The Dow slid 1.82%, or 417.11 points. The index fell 6.75% for the week, posting its worst weekly decline since October 2008.
The Nasdaq tumbled 2.99%, or 195.41 points, to 6,332.99 points. The index is now solidly in a bear market, or more than 20% off its August 29 high of 8,109.69 points.