Wall Street tumbles at close, Dow sinks 400 pts

Major stocks on Wall Street registered significant declines at the end of Friday’s session as investors continued to assess the Federal Reserve’s future moves regarding still-hot inflation data. The previous day was also marked by private banks’ third-quarter earnings results, including reports posted by JPMorgan, Wells Fargo and Morgan Stanley. The Dow Jones sank 1.34% or 403 points at the closing bell, while the Nasdaq 100 dropped 3.10% or 341 points and the S&P 500 lost 2.37%. The euro declined 0.53% against the dollar to sell for 0.97262 at 4:04 pm ET. NN:` So far Fridays move is nothing more then a retrenchment or consolidation of Thursdays reversal  of the plunge with an explosive upside reversal.