U.S. stocks dive amid sell-off in tech shares


  • World
  • Saturday, 16 Nov 2024

NEW YORK, Nov. 15 (Xinhua) -- U.S. stocks ended sharply lower on Friday, as investors reacted to Federal Reserve Chair Jerome Powell's remarks emphasizing patience in reducing interest rates.

The Dow Jones Industrial Average fell by 305.87 points, or 0.70 percent, to 43,444.99. The S&P 500 sank 78.55 points, or 1.32 percent, to 5,870.62. The Nasdaq Composite Index shed 427.53 points, or 2.24 percent, to 18,680.12.

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