Dow falls 2.4 per cent on fears of rising interest rates, mixed earnings

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AFP New York
Last Updated : Apr 25 2018 | 12:45 AM IST

Wall Street stocks fell sharply after midday today, amid anxiety over rising interest rates and as some prominent blue-chip companies tumbled after earnings reports.

About 1745 GMT, the Dow Jones Industrial Average was down 2.1 per cent at 23,946.81.

The broad-based S&P 500 fell 1.5 per cent to 2,631.17, while the tech-rich Nasdaq Composite Index slid 1.7 per cent to 7,007.50.

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First Published: Apr 25 2018 | 12:45 AM IST

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