India, Oct. 23 -- The Dow Jones Industrial Average came under pressure on Friday, October 23, as Wall Street investors assessed a technology-led sell-off, rising crude oil prices and renewed concerns over inflation ahead of the Federal Reserve's upcoming policy meeting. The weakness followed a sharp decline in technology and semiconductor stocks during the previous session, while concerns about intensifying competition in the telecommunications sector added to market uncertainty.

According to Reuters, the Dow Jones fell 535.54 points, or 1.01%, to 52,332.44 at 9:53 a.m. Eastern Time on Friday. The S&P 500 declined 0.38% to 7,634.09, while the Nasdaq Composite slipped 0.08% to 25,986.76 at the same time. These figures represent an intrada...