The Dow Industrial Average index dropped for the eight straight session slipping another 128 points to 8,451. The index has now shed a whopping 22.1% (2,400 points) in the last eight trading sessions.
The Nasdaq, however, ended almost flat at 1,650 - up four points.
The Indian ADRs too ended mostly in red. ICICI Bank slumped over 20% to $13.85. HDFC Bank tumbled 6.5% to $62, and Wipro plunged over 5% to $6.63. Infosys shed 4.5% at $23.91. Sterlite, Dr.Reddy's and Tata Communications were down 2-3% each.
On the other hand, Genpact soared 6% to $8.21. Tata Motors advanced 1.7% to $5.91, and Satyam added 1.3% to $12.40.