U.S. stocks closed deep in the red as global growth concerns accelerated selling pressure to push the Dow and Nasdaq into correction territory.
U.S. government yields were slightly higher Friday, as investors continued to digest Wednesday's Fed minutes.
U.S. stock index futures pointed to a sharply higher open on Tuesday, recovering from the plunge seen in global stocks on Monday.
U.S. oil prices recorded their eighth consecutive week of falls, the longest losing streak since 1986.
The dollar tumbled more than 1 percent against the euro and the yen on Friday.
Gold rose in choppy dealings on Friday, hitting a six-week high and putting it on track for its biggest weekly climb since mid-January.
Asian equities slid deeper into negative territory on Friday, joining a global sell-off sparked by jitters over China.
U.S. stocks closed near session lows as investors weighed continued uncertainty about the timing of a rate hike and concerns about global growth.
Stock index futures screamed lower, with Dow futures tumbling more than 700 points, as fears surrounding the health of China's economy multiplied.
Government debt yields fell to multimonth lows, with the 10-year yield slumping below 2.1 percent as stocks declined on global economic worries.
The dollar fell against a basket of major currencies, with investors trimming bets in its favor.
U.S. crude prices extended gains and Brent briefly turned higher on Thursday as the first hurricane of the 2015 Atlantic season sparked concern.
Gold hit its highest in five weeks as the dollar eased after meeting minutes from the Fed suggested policymakers were in no hurry to hike rates.
The sell-off in Asian stocks continued on Thursday, as investors weighed concerns about the stability of China's economy.
U.S. stocks closed lower after the Federal Reserve's minutes were released, while China and oil prices weighed.
U.S. stock index futures were pointing to another lower open on Friday, with Dow futures down as much as 88 points.
U.S. government debt prices rebounded from a slight dip earlier on Wednesday, weighing on yields, before the release of July's Fed minutes.
Gold prices extended gains on Wednesday, after minutes from last month's Fed meeting hinted to a decreased likelihood for a rate hike in September.
Crude inventories rose by 2.6 million barrels in the last week, compared with analysts' expectations for an decrease of 777,000 barrels.
Chinese stocks ended an erratic session with gains on Wednesday, propped up by bargain hunters and efforts by the authorities, analysts say.
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