India, Oct. 31 -- US stocks ended sharply lower on Friday, as a sell-off in technology shares dragged major indexes to their biggest daily losses since June.

The Nasdaq Composite fell 2.86% to close at 25,437.00. The S&P 500 lost 1.84% to finish at 7,578.48, while the Dow Jones Industrial Average dropped 1.10% to 51,766.87. During the session, losses were even steeper, with the Nasdaq Composite falling as much as 3.5% and the S&P 500 declining more than 2%. The Nasdaq 100 also dropped around 3.5% to 4%.

Intel was among the biggest losers, with its shares plunging nearly 30% after the company issued a weaker-than-expected revenue forecast for the fourth quarter. The chipmaker projected revenue of $15 billion to $16 billion and warned of ...