U.S. stocks close lower


NEW YORK, Aug. 1 (Xinhua) -- U.S. stocks ended lower on Friday.

The Dow Jones Industrial Average fell 542.4 points, or 1.23 percent, to 43,588.58. The S&P 500 sank 101.38 points, or 1.6 percent, to 6,238.01. The Nasdaq Composite Index shed 472.32 points, or 2.24 percent, to 20,650.13.

Eight of the 11 primary S&P 500 sectors ended in red, with consumer discretionary and technology leading the laggards by losing 3.59 percent and 2.07 percent, respectively. Meanwhile, health and consumer staples led the gainers by rising 0.58 percent and 0.53 percent, respectively.

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