Dow drops over 540 points ahead of key U.S. jobs report
NEW YORK, March 9 (Xinhua) -- Wall Street's major averages fell sharply on Thursday as investors nervously awaited a key U.S. jobs report that could shape the direction of the Federal Reserve's next move on rates.
The Dow Jones Industrial Average tumbled 543.54 points, or 1.66 percent, to 32,254.86. The S&P 500 sank 73.69 points, or 1.85 percent, to 3,918.32. The Nasdaq Composite Index shed 237.65 points, or 2.0