Roundup: Dow tumbles over 500 points as Fed chair sticks to hawkish stance
NEW YORK, Nov. 2 (Xinhua) -- U.S. stocks fell sharply on Wednesday as Federal Reserve Chairman Jerome Powell's latest remarks pushed back against the idea of a policy pivot in the near future.
The Dow Jones Industrial Average dipped 505.44 points, or 1.55 percent, to 32,147.76. The S&P 500 decreased 96.41 points, or 2.50 percent, to 3,759.69. The Nasdaq Composite Index shed 366.05 points, or 3.36 percent, to 10,