US stocks slid lower Friday amid worries about Washington's budget impasse, with a sharp drop in Apple weighing on the Nasdaq.
The Dow Jones Industrial Average was down 34.25 points (0.26 percent) at 13,136.47 in closing trade.
The broad-market SP 500 fell 5.71 points (0.40 percent) to 1,413.74, while the tech-rich Nasdaq Composite shed 20.83 points (0.70 percent) to 2,971.33.
Investors continued to be concerned about sharp tax hikes and spending cuts set to take effect in January if Washington fails to reach a deal to avert the so-called fiscal cliff, which economists say would drag the United States into recession.
