Major US stock indices close sharply lower.

The major US stock indices are closing sharply lower for the day. The final numbers are showing:

• Dow industrial average -444.23 points, or -0.90% at 44303.40
• S&P index -57.58 points or -0.95% at 6025.99
• NASDAQ index -268.59 points or -1.36% at 19523.40
• Russell 2000-27.41 points or -1.19% at 2279.70

For the trading week, the declines today turn the major indices lower for the second consecutive week:

• Dow industrial average fell -0.54%
• S&P -0.24%
• NASDAQ index -0.53%
• Russell 2000-0.35%

This article was written by Greg Michalowski at www.forexlive.com.