U.S. stocks close sharply lower amid rising rates fears

Traders work at the New York Stock Exchange in New York, the United States, Oct. 10, 2018. U.S. stocks closed sharply lower on Wednesday as rising rate fears and tech share sell-off rattled the market. The Dow Jones Industrial Average decreased 831.83 points, or 3.15 percent, to 25,598.74. The S&P 500 was down 94.66 points, or 3.29 percent, to 2,785.68. The Nasdaq Composite Index fell 315.97 points, or 4.08 percent, to 7,422.05. (Xinhua/Wang Ying)