U.S. stocks drop as recession fears persist
NEW YORK, Dec. 16 (Xinhua) -- Wall Street's major averages fell on Friday as market participants remain concerned about the economic and profits landscape.
The Dow Jones Industrial Average fell 281.76 points, or 0.85 percent, to 32,920.46. The S&P 500 dipped 43.39 points, or 1.11 percent, to 3,852.36. The Nasdaq Composite Index sank 105.12 points, or 0.97 percent, to 10,705.41.
All the 11 primary S&P 500