US Stocks End Lower Amid Sell-Off In Tech Stocks, Asian Indices Under Pressure; Weak Start On D-St?

U.S. stock market ended lower on Thursday, weighed down by sell-off in tech stocks amid concerns over mounting economic uncertainty and stretched valuations.

The Dow Jones Industrial Average declined 397.35 points, or 0.84%, to 46,913.65, while the S&P 500 dropped 75.91 points, or 1.12%, to 6,720.38. The Nasdaq Composite closed 445.80 points, or 1.90%, lower at 23,053.99.

Asian markets traded lower today, tracking overnight decline on Wall Street amid selling in technology stocks. Japan’s Nikkei 225 tumbled 1.56%, while the Topix index retreated 0.5%. South Korea’s Kospi declined 0.46%, and the Kosdaq fell 0.92%. Hong Kong’s Hang Seng Index futures indicated a lower opening.

Meanwhile, Gift Nifty was trading around 25,498 level, a discount of nearly 129 points from the Nifty futures’ previous close, indicating a gap-down start for the Indian stock market indices.

#stockmarketupdates #sensex #nifty #dalalstreetaction #globalmarkets #globalmarketupdates #cnbctv18 #cnbctv18market #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday

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