New Delhi, Nov. 4 -- US stock indices tumbled on Tuesday, as investors expressed renewed scepticism regarding the high valuations of technology firms, following warnings from the chief executives of top Wall Street banks who forecast a potential market sell-off.

The latest sales forecast from AI favourite Palantir also failed to impress the market.

At the open, the Dow Jones Industrial Average fell 188.6 points, or 0.40%, to 47,148.04. The S&P 500 lost 63.4 points, or 0.93%, to 6,788.52, while the Nasdaq Composite dropped 376.5 points, or 1.58%, to 2,3458.211.

Gold prices pared earlier losses on Tuesday, finding support from a halt in the US dollar's rally and a dip in Treasury yields.

Spot gold was last down 0.2% at $3,994.47 an ounc...