New York CNN —
US stocks ended the day sharply lower Friday as Wall Street worried about escalating tension in the Middle East and traders rushed to safe havens like bonds and gold.
The Dow fell 475 points, or 1.2%, after dropping more than 500 points at the day’s lows. The S&P 500 declined 1.5% and the Nasdaq Composite lost 1.6%. All three major indexes ended the week lower.
The US and Israel are on alert for a potential attack by Iran or its proxies, the White House said Friday, after an Israeli strike in Damascus last week.
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