Stocks Slide

According with NYT:

"Stocks plunged Friday in the face of weak consumer data, erasing a powerful rally the day before and ending a pattern of monthly gains."

"By the end of trading, the three major stock averages had more el tema dethan given up the 2 percent gains they made on Thursday, when enthusiasm over economic growth data sent stocks surging."

"The Dow Jones industrial average closed down 249.85 points, or 2.5 percent, to 9,712.73, according to preliminary calculations. The Standard and Poor’s 500-stock index was off 29.93 points, or 2.81 percent, to 1,036.18, and the Nasdaq composite showed a decline of 52.44 points, or 2.50 percent, to 2,045.11."

Meanwhile, VIX Volatility Index hits highest level since july.