US STOCKS SNAPSHOT-Wall Street tumbles as tech selloff extends, rate cut hopes fade
Wall Street's main indexes dipped on Friday, driven by a renewed selloff in technology stocks, while hawkish commentary from Federal Reserve officials added to doubts about an interest rate cut in December.
The Dow Jones Industrial Average fell 234.8 points, or 0.49%, at the open to 47,222.38. The S&P 500 fell 65.3 points, or 0.97%, to 6,672.14, while the Nasdaq Composite dropped 325.6 points, or 1.42%, to 22,544.725.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Federal Reserve
- Nasdaq Composite
- 47
- 222.38
ALSO READ
Trump Critiques Federal Reserve's Modest Interest Rate Cut
U.S. Federal Reserve Signals Pause After Divided Rate Cut Decision
Trump Set to Announce Federal Reserve Leader
Federal Reserve's Latest Rate Cut: Implications for Borrowers and Savers
Federal Reserve's Rate Cut Dilemma Amid Economic Uncertainty

