
The Dow Jones Industrial Average closed down 247.49 points, or 2.13 per cent at 11,397
The S&P 500 fell 23.72 points, or 1.94 per cent at to 1,200.86. The Nasdaq slumped 52.93 points, or 1.98 per cent, to close at 2,614.92.
All 10 S&P sectors finished firmly in the red, led by materials and financials
Crude oil at USD86.20 a barrel, while gold settled at USD1,674.69 an ounce.