Dow Jones closes down more than 800 points

Posted on: October 10th, 2018 by ABC News No Comments

iStock/Thinkstock(NEW YORK) — The Dow Jones Industrial Average fell 831.83 points on Wednesday to close at 25,598.74, losing 3.2 percent of its value.

The stock market was dragged down by a sell-off in tech stocks, rising interest rates and tension over trade disputes with China.

Slides in corporate shares weren’t just contained to the Dow. The tech-heavy NASDAQ index also traded sharply lower, closing at 7,422.05, down 315.97 points or 4.1 percent. The S&P 500 closed at 2,785.68, down 94.66 points or 3.3 percent.

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Dow Jones closes down more than 800 points

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