Stocks accelerated their sell-off on Friday after Bank of America, Citigroup and GE reported disappointing revenues and consumers turned more pessimistic about the economy.

* The broad S&P 500 fell as much 2 percent, led lower by the financial and consumer discretionary sectors.

* The Dow Jones industrial average <.DJI> dropped 184.33 points, or 1.78 percent, to 10,174.98. The Standard & Poor's 500 Index <.SPX> lost 21.56 points, or 1.97 percent, to 1,074.92. The Nasdaq Composite Index <.IXIC> gave up 44.73 points, or 1.99 percent, at 2,204.35.

(Reporting by Leah Schnurr; editing by Jeffrey Benkoe)