US stocks tumbled Friday amid a flurry of mixed indicators, with a slowdown in consumer spending partly offset by a surge in the University of Michigan Consumer Sentiment Index.
The Dow Jones Industrial Average lost a hefty 202.82 points (1.32 percent) at 15,121.71 as the market closed.
The broad-based S&P 500 dived 23.38 (1.41 percent) to 1,631.03, while the tech-rich Nasdaq Composite lost 35.38 (1.01 percent) at 3,455.91.
Trade was volatile after the Commerce Department reported that consumer spending dropped by 0.2 percent last month, the first monthly fall since May 2012 and a signal that growth slowed at the beginning of the second quarter.
Offsetting that was a jump in the Chicago area PMI index to 58.7, its highest since March 2012, and the Michigan confidence barometer, which rose to a better-than-expected 83.7, the highest since July 2007.
US stocks tumble after mixed data