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