Wall Street slumps after the U.S. imposes visa restrictions on Chinese officials, citing treatment of Muslim minorities; S&P 500 closes down more than 1.5 percent
NEW YORK, Oct 8 - U.S. stocks ended down sharply on Tuesday as news that the United States was imposing visa restrictions on Chinese officials overshadowed comments by Federal Reserve Chairman Jerome Powell that pointed to openness to further rate cuts.
The Dow Jones Industrial Average fell 314.59 points, or 1.19%, to 26,163.43, the S&P 500 lost 45.8 points, or 1.56%, to 2,892.99 and the Nasdaq Composite dropped 132.52 points, or 1.67%, to 7,823.78.
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