, meanwhile, tumbled more than 300 points. The blue-chip average was led lower by Microsoft, Intel and Amazon as the reports spooked investors on big tech.
"It's mostly driven by tech, obviously" said Jay Hatfield, CIO of Infrastructure Capital Management, of Thursday's declines."I would also say that people are probably taking risk off ahead of the election." Thursday also marked the end of a losing trading month, a negative mark amid a strong year. The Dow led the major indexes down with a slide of 1.3%, while the S&P 500 and Nasdaq shed 1% and 0.5%, respectively.Investors are watching Friday for the closely followed employment data due in the morning. Economists polled by Dow Jones expect nonfarm payrolls to by 100,000 jobs in October, which would mark the.