Major US indices close with sharp declines | Forexlive

The major US stock indices are closing with sharp declines. The NASDAQ index leads the way with a decline of -1.98%. Both the Dow and S&P also fell sharply. A snapshot of the closing levels shows:

• Dow industrial average -344.57 points or -1.02% at 33530.82
• S&P index -65.41 points or -1.58% at 4071.62
• NASDAQ index -238.06 points or -1.98% at 11799.15
• Russell 2000 -42.92 points or -2.40% at 1745.95