Stock market today: Dow tumbles 800 points with Nasdaq, S&P 500 hammered as investors pare rate cut bets

https://finance.yahoo.com/news/live/stock-market-today-dow-tumbles-800-points-with-nasdaq-sp-500-hammered-as-investors-pare-rate-cut-bets-210136974.html

"US stocks fell sharply on Thursday, led by a decline in tech stocks as the end of the longest-ever US government shutdown was met by concern from investors that the Federal Reserve's plans for a December rate cut might be in doubt.

When the closing bell range on Wall Street, the tech-heavy Nasdaq Composite (^IXIC) suffered the sharpest losses, falling 2.3%. The benchmark S&P 500 (^GSPC) fell 1.6%, while the Dow Jones Industrial Average (^DJI) dropped 1.6%, or 797 points, to backtrack on its second record close in a row.

President Trump late Wednesday signed a bill ending the record-setting 43-day US federal shutdown, but White House officials said economic reports delayed by the closure "will be permanently impaired" and will likely never be released.

Data on inflation and the jobs market in October are up in the air, though Trump adviser Kevin Hassett said Thursday that the jobs data may be released — but without a read on that month's unemployment rate."