Nasdaq drops 501 points as tech selling weighs on Wall Street
The Nasdaq led declines across major US stock indexes, shedding 501.12 points, or 1.88%. The S&P 500 and Dow also traded lower in the reported snapshot.
BharatVox Telugu Desk · 16 Oct 2026 · మూలం: Economic Times Markets
ఈ కథనం భారత్వాక్స్ ఆంగ్ల మూలం నుండి తెలుగులోకి అనువదించబడింది. ఆంగ్ల మూలం చదవండి →
తెలుగు అనువాదం సిద్ధమవుతోంది… (మొదటిసారి కొద్దిగా సమయం పట్టవచ్చు)
US stocks traded lower in a technology-led sell-off, with the Nasdaq Composite recording the steepest percentage decline among the three major indexes. Economic Times Markets reported that the Nasdaq was down 501.12 points, or 1.88%, at 26,211.91 in its October 16 update.
The S&P 500 fell 75.24 points, or 0.97%, to 7,668.82, while the Dow Jones Industrial Average lost 199.05 points, or 0.38%, to 51,978.64. The figures showed a broader market retreat, with the technology-heavy Nasdaq under greater pressure.
These figures are a source-reported trading snapshot, not closing levels or a live score service. While the source headline linked the decline to AI stocks, the supplied report did not identify individual companies or provide further evidence explaining the selling.
ఈ కథనం భారత్వాక్స్ ఆంగ్ల మూలం నుండి తెలుగులోకి అనువదించబడింది. ఆంగ్ల మూలం చదవండి →