US STOCKS-Wall St drops as oil's multi-yr low adds to investor fears

viernes 11 de diciembre de 2015 18:23 GYT

* Oil plunges to seven-year lows

* Fed to decide on interest rate hike next week

* Volatility index hits highest since early October

* DuPont, Dow Chemical fall after agreeing to merge

* Indexes down: Dow 1.8 pct, S&P 1.9 pct, Nasdaq 2.2 pct (Updates close with worst week for Russell 2000 since May 2012)

By Marcus E. Howard

Dec 11 (Reuters) - U.S. stocks closed sharply lower on Friday, with the S&P 500 ending its worst week since August, as plunging crude oil prices compounded investor nervousness on expectations for the first U.S. interest rate hike in nearly a decade.

Oil dragged down market as a whole, as investors worried whether a weakness in commodities signaled a broader slowdown.

Furthermore, investors were worried about declines in China's yuan and in high-yield debt markets.   Continuación...