Mumbai, Oct. 23 -- The Nasdaq slumped 213.67 points (0.9%) to 22,740.40, the Dow slid 334.33 points (0.7%) to 46,590.41 and the S&P 500 fell 35.95 points (0.5%) to 6,699.40.

Netflix (NFLX) plunged by 10.1% leading to a slump by Nasdaq. Netflix came under pressure after the company reported weaker than expected third quarter earnings, citing a dispute with Brazilian tax authorities. Texas Instruments (TXN) also tumbled by 5.6% after the chipmaker provided disappointing fourth quarter guidance. Intuitive Surgical (ISRG) soared by 13.9% after the robotic-assisted surgery systems maker reported third quarter results that beat expectations.

The weakness on Wall Street also came amid renewed uncertainty about trade relations between the U.S. ...