Extending the trend seen over the past couple sessions, stocks turned in a lackluster performance for much of the trading day on Friday before showing a significant move late in the session. The major averages came under pressure in late-day trading, closing firmly in negative territory.
The major averages finished the session near their worst levels of the day. The Dow slid 219.75 points or 0.8 percent to 29,263.48, the Nasdaq fell 49.74 points or 0.4 percent to 11,854.97 and the S&P 500 dropped 24.33 points or 0.7 percent to 3,557.54.
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