In Friday morning trading, the Dow Jones industrial average dropped 129 points, or 1 percent, to 13,419.
The Nasdaq was down 43 points, or more than 1 percent, to 3,029.
The S&P 500 fell 14 points, or 1 percent, to 1,441.
The LABJ Stock Index fell 1 point, or 1 percent, to 139.