Gold is 2025’s best performer. UBS sees more upside
NEW YORK, Oct 8 (Reuters) - 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 .DJI fell 314.59 points,
or 1.19%, to 26,163.43, the S&P 500 .SPX lost 45.8 points, or
1.56%, to 2,892.99 and the Nasdaq Composite .IXIC dropped
132.52 points, or 1.67%, to 7,823.78.