Breitbart by John Carney
Stocks fell sharply in U.S. markets on Thursday morning, led by the technology and consumer discretionary sectors.
The Dow Jones Industrial Average fell by 1,100 points, or around 3.12 percent, in morning trading. The S&P 500 dropped 3.56 percent. The tech-heavy Nasdaq Composite plunged by nearly five percent. The Russell 2000 index of smaller companies fell four percent.
The declines in the major indexes were more than enough to erase Wednesdayâs gains. Stocks soared after Federal Reserve chair Jerome Powell signaled that interest rate increases larger than 50 basis points were not being considered by Fed officials…
