US stocks end down on interest rate fears, earnings; Dow -1.7%

New York (AFP) – Wall Street stocks fell sharply Tuesday on worries about higher interest rates and disappointment over corporate earnings that have not met lofty expectations.

At the closing bell, the Dow Jones Industrial Average was at 24,022.07, down 1.7 percent.

The broad-based S&P 500 shed 1.3 percent to 2,634.48, while the tech-rich Nasdaq Composite Index dropped 1.7 percent to 7,007.18.

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