U.S. stocks fell on Friday, with major indexes suffering their sixth straight weekly loss, as concerns over economic slowdown still lingered in the market.
The Dow Jones industrial average tumbled 172.45 points, or 1.42 percent, to 11,951.91, which is the first time for the blue-chip average to end below 12,000 since March 18.
The broader Standard & Poor's 500 declined 18.02 points, or 1. 40 percent, to 1,270.98, and the Nasdaq Composite Index dropped 41. 14 points, or 1.53 percent, to 2,643.73.
Wall Street only ended higher once this week on Thursday as traders were encouraged by an upbeat trade report from the Commerce Department, showing the U.S. trade deficit unexpectedly narrowed in April due to record-high exports.
However, sentiment quickly faded on Friday as most traders were still wary about the economic outlook and reluctant to buy in the market.
Adding to the pressure, oil prices slumped on Friday to below 100 dollars a barrel amid stronger dollar, leaving energy sector one of the worst performers in the market.
