Wall Street buckles, Dow Jones industrials shed 292 points

NEW YORK, New York - U.S. stocks retreated sharply on Friday as sellers swarmed Wall Street. The upward trend in the U.S. dollar meantime continued.

"I wouldn't expect a complete reversal going back to the June lows or something like that, however, the choppiness we're seeing today and this week does reflect a lot of the bear case that's out there," FBB Capital Partners' Mike Bailey told CNBC Friday. "I think see