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Chance of interest rate hike goes up after Powell speaks in Jackson Hole

Dow Jones falls 373 pts, Nasdaq drops 257 pts, S&P 500 ends 60 pts lower, focus shifts to upcoming Powell speech

The Dow Jones Industrial Average (.DJI) fell 373.56 points, or 1.08 per cent, to 34,099.42, the S&P 500 (.SPX) lost 59.7 points, or 1.35 per cent, to 4,376.31 and the Nasdaq Composite (.IXIC) dropped 257.06 points, or 1.87 per cent, to 13,463.97. Get more Global Markets News and Business News on Zee Business.

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