US stocks were down on Friday. The Dow Jones Industrial Average had heavy decline due to selloff in emerging market currencies.

The Standard & Poors 500 Index retreated 1.4% to 1,803.64 in the morning trade. This week the index has declined 1.9%

The Dow was down 183.60 points, or 1.1% to 16,013.75 points.

The volatility in the emerging markets and the sell-off in currencies are affecting the sentiment, said analysts.

(This article was published on January 24, 2014)
XThese are links to The Hindu Business Line suggested by Outbrain, which may or may not be relevant to the other content on this page. You can read Outbrain's privacy and cookie policy here.