Wall Street tumbles as tech selloff extends, rate cut hopes fade
Tweet
Share
E-mail
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 10, 2025. REUTERS/Brendan McDermid
(Reuters) -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.
(Reporting by Twesha Dikshit; Editing by Maju Samuel)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump: Scott Bessent will not be going to be super intelligence (SI) czar
- Mideast oil exports rebound in September as Saudi Arabia boosts shipments
- Bank of Japan debated need for faster rate hikes, July minutes show
Create E-mail Alert Related Categories
General News, ReutersSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
