Blue-chip stocks fell in New York yesterday as money continued to flow toward smaller-company shares with less exposure to the political and economic turmoil in Asia.
On Wall Street, the Dow Jones industrial average dropped 70.25 points - or 0.78 per cent - to close at 8,899.95.
Broader indicators were mixed, with those dominated by secondary names advancing for a second straight session.
The blue-chip decline capped a volatile week in which the latest wave of Asian jitters sent the Dow plunging 150 points on Tuesday and as much as 175 points more on Wednesday before rallying back and finishing just 27 points lower.
The Standard and Poor's 500 fell 6.77 to 1,090.82.