Chase Bank

Wall Street stocks tumbled on Friday despite solid bank earnings as oil and gold prices shot up amid worries about a potential widening of conflict in the Middle East.

After spending the entire session in the red, the Dow Jones Industrial Average finished down 1.2 percent, or 475 points, at 37,983.24.

A jury trial against Turkish-Iranian businessman Reza Zarrab that was scheduled to begin on Jan. 23, 2017, has been suspended until Oct. 16 after the judge in the fraud case ruled that the defendant's legal team required extra time to prepare for an additional indictment regarding Zarrab's alleged ties to Hezbollah.

The first instance prosecutor’s office issued charges on Thursday against the unknown members of a little-known urban guerrilla group, Revolutionary Continuation, in connection with a bombing at the offices of JP Morgan Chase Bank in Athens in February 2010.

The charges were issued after the anti-terrorism squad sent its report to the prosecutor.