Wall Street tumbles as tech selloff extends, rate cut hopes fade
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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)
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