Wall St ends sharply down

The Dow Jones Industrial Average lost 391.01 points, or 3.51 per cent, to close at 10,733.83 on recession fears.



The S&P 500 plunged 37.20 points, or 3.19 percent, to close at 1,129.56. All 10 S&P sectors finished in the negative territory, led by materials and energy. 



Nasdaq composite fell 82.52 points, or 3.25 per cent, to close at 2,455.67.



Oil prices dropped USD5.41 to settle at USD80.51 a barrel, biggest one-day drop since August 8. London Brent crude fell USD4.87 to settle at USD105.49 a barrel. 

Gold declined USD66.40, or 3.7 per cent, to settle at at UD1,741.70 an ounce.