US stocks closed sharply lower on Thursday, as Wall Street was weighed by the Bank of Japan's (BOJ) decision to maintain its monetary policy amid the newly-released U.S. data.

The Dow Jones Industrial Average dropped 210.79 points, or 1.17 percent, to 17,830.76. The S&P 500 shed 19.34 points, or 0.92 percent, to 2,075.81. The Nasdaq Composite Index was down 57.85 points, or 1.19 percent, to 4,805.29.