The Dow Jones industrial average (INDU) plunged 275 points, or 2.2%, the biggest one-day drop since November. The blue-chip index gave up all its gains for the year, and is now 99 points below where it finished 2011.
No major economic news posted in the U.S. to act as a catalyst and push index trends to end the week. Market indices moved higher though, just one day after suffering a noteworthy retreat on Thursday as stock sell-offs monopolized that day.
Futures for the primary stock composites were mixed this morning as investors processed the recently mixed bag of economic reports, paired with the ongoing pressures of eurozone debt crisis developments.