U.S. stocks close lower

NEW YORK, March 22 (Xinhua) -- U.S. stocks fell sharply on Wednesday.

The Dow Jones Industrial Average shed 530.49 points, or 1.63 percent, to 32,030.11. The S&P 500 decreased 65.9 points, or 1.65 percent, to 3,936.97. The Nasdaq Composite Index sank 190.15 points, or 1.6 percent, to 11,669.96.