NEW YORK (MarketWatch) -- U.S. stocks finished the week with deep losses as investors fled equities and emerging-markets currencies, while company earnings offered them little respite. The Dow Jones Industrial Average (DJIA) dropped 318.24 points, or 2%, to 15,879.11, its worst one-day point drop since June 20. The blue-chip index shed 3.5% over the week, recording its worst weekly decline since May 2012. The S&P 500 (SPX) finished the day below the 1,800 level for the first time since Dec. 17, after falling 38.17 points, or 2.1%, to 1,790.29. The benchmark index lost 2.6% over the week. The Nasdaq Composite (COMP) lost 90.70 points, or 2.2%, to 4,128.17, and shed 1.7% over the week. The tech-heavy index reversed year-to-date gains and is now 1.2% lower since the start of the year.
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U.S. stocks tumble; Dow drops 318 points
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