Wall St indices end lower on economic worries

The Dow fell 220.43 points, or 0.48%, to 45,400.86, the S&P 500 lost 20.58 points, or 0.32%, to 6,481.50 and the Nasdaq dropped 7.31 points, or 0.03%, to 21,700.39.

NEW YORK: US stocks ended slightly lower on Friday as investors weighed economic worries against optimism over interest rate cuts by the Federal Reserve after data showed US job growth weakened sharply in August. Bank shares were among those taking the biggest hit, with the S&P 500 bank index ending 2.4% lower.

However, Broadcom shares rose 9.4%, helping to offset market losses, a day after the chipmaker unveiled a US$10 billion artificial intelligence chip order from a new customer and forecast fourth-quarter revenue above estimates.