FILE - Actor Ethan Hawke, right, talks with Charles Gaines as they attend the Mi'kmaq community's water ceremony on the shores of Pomquet Harbour to support the aboriginal call for a moratorium on oil and gas exploration in the Gulf of St. Lawrence, near Antigonish, Nova Scotia, on Oct. 26, 2015. (Andrew Vaughan/The Canadian Press via AP)
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The S&P 500 fell 2.8% and the Dow Jones industrials lost 2.4%.
Stocks are closing broadly lower on Wall Street after erasing part of an earlier plunge. Industrial companies sustained some of the biggest losses Thursday after several of them reported dismal results.