Stocks Ended Sharply Lower, Dow Dropped over 800 Points

U.S. stocks ended sharply lower on Thursday, as the tech stock selloff accelerated. The Dow Jones Industrial Average dropped 807.77 points, or 2.78%, to 28,292.73. The S&P 500 declined 125.78 points, or 3.51%, to 3,455.06. The Nasdaq Composite lost 598.34 points, or 4.96%, to 11,458.10.

Oil futures declined on Thursday, as concerns remained over the outlook for demand. West Texas Intermediate crude for October delivery edged down by 14 cents, or 0.3%, to settle at $41.37 a barrel. November Brent declined 36 cents, or 0.8%, to $44.07 a barrel.