U.S. stocks nosedive as tech saps rally, slashing more than 800 points off Dow

Hamza Shaban, Hannah Denham of the Washington Post –

U.S. stocks nosedived, dragged down by tech, in a wild day of trading Thursday, slamming the brakes on a record-shattering run that had lifted Wall Street to new heights.

The Dow Jones industrial average plunged 810.93 points, or 2.8 percent. The Standard & Poor’s 500 index shed 125,78 points, a 3.5 percent slide.

And the tech-heavy Nasdaq composite, which has been showering investors with relentless gains for months, gave up 598.34 points, or nearly 5 percent.


About Radnor Reports

Ken Feltman is past-president of the International Association of Political Consultants and the American League of Lobbyists. He is retired chairman of Radnor Inc., an international political consulting and government relations firm in Washington, D.C. Known as a coalition builder, he has participated in election campaigns and legislative efforts in the United States and several other countries.
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