US STOCKS-Wall Street sinks; Nasdaq hits lowest since Aug. 24
* Oil prices drop 5 pct
* All 30 Dow stocks down
* Intel down on growth worries
* Citi, Wells Fargo fall after results
* Indexes down: Dow 2.19 pct, S&P 1.98 pct, Nasdaq 2.89 pct (Updates to open)
By Abhiram Nandakumar
Jan 15 (Reuters) - Wall Street sank on Friday morning, with the Nasdaq hitting its lowest since Aug. 24 and the Dow plunging nearly 400 points, as oil prices dived below $30 per barrel.
The sell-off was broad, with all 10 major S&P sectors in the red and all 30 Dow components lower. The beaten-down energy sector's 3.1 percent slide led the declines.
Brent crude prices, which have fallen 20 percent this year, were down nearly 5 percent as the market braced for oil from Iran to flood an already oversupplied market. Continuación...