Dow Jones Industrial Average, S&P 500 Index Erase 2015 Gains Ahead Of Federal Reserve Meeting

U.S. stocks closed sharply lower Friday, with Dow Jones Industrial Average plunging more than 145 points, as economists look ahead the Federal Reserve's policy meeting next week. The blue-chip Dow and Standard & Poor's 500 index ended the week sharply lower, erasing all gains for the year as fears over a springtime interest-rate hike from the Fed weighed on investor sentiment.