(MENAFN- AFP) Wall Street stocks Friday ended lower on renewed anxiety over falling oil prices and the rising US dollar.
The Dow Jones Industrial Average fell 145.91 points (0.82 percent) to 17,749.31.
The broad-based S&P 500 dropped 12.55 (0.61 percent) to 2,053.40, while the tech-rich Nasdaq Composite Index declined 21.53 (0.44 percent) to 4,871.76.
US oil prices finished the week below $45 a barrel after the International Energy Agency warned that rising US crude inventories were approaching the limits of storage capacity amid the global oversupply.
The euro got as low as $1.0466, its lowest level since January 2003. Investors fear the strong dollar will harm US exports and emerging market economies, analysts said.
"Basically, you see a reversal of the gains we made yesterday, and you see a market that has entered a period of uncertainty as we head into the Federal Reserve meeting next week," said David Levy, portfolio manager at Kenjol Capital Management.
Dow companies with the biggest declines included IBM (-2.3 percent), General Electric (-1.4 percent) and United Technologies (-2.1 percent).
Oil-services companies took a hit from declining oil prices. Halliburton fell 2.0 percent, Weatherford International shed 3.6 percent and Schlumberger lost 0.6 percent.
Several technology stocks dropped, including Facebook (-1.1 percent), Netflix (-2.2 percent) and Priceline (-2.4 percent). Heavyweight Apple shed 0.7 percent.
Ulta Salon, Cosmetics & Fragrance, a cosmetics retailer, rose 3.7 percent as fourth-quarter net income jumped 23.5 percent to $87.3 million behind an 11.1 percent rise in comparable sales.
Herbalife, a marketer of nutrition supplements, advanced 8.2 percent following reports that US investigators are questioning associates of activist Herbalife critic Bill Ackman in a probe of potential manipulation of the stock.
Bond prices were mixed. The yield on the 10-year US Treasury rose to 2.12 percent from 2.11 percent Thursday, while the 30-year remained unchanged at 2.70 percent. Bond prices and yields move inversely.
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