Mumbai, Nov. 14 -- The Nasdaq plummeted 536.10 points (2.3%) to 22,870.36, the S&P 500 plunged 113.43 points (1.7%) to 6,737.49 and the Dow tumbled 797.60 points (1.7%) to 47,457.22.

The Dow Jones Industrial Average pulled back after hitting a record prior close, with a steep drop in The Walt Disney Company (DIS) - down nearly 8% after beating earnings but missing on revenue.

Add in sharp losses among tech names like NVIDIA Corporation (NVDA), Broadcom Inc. (AVGO) and Alphabet Inc. (GOOGL) amid valuation concerns, and the broader pullback makes sense. Meanwhile, uncertainty lingers with key U.S. economic data missing after the government shutdown, complicating expectations for the Federal Reserve and interest-rate policy.

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