U.S. stocks drop as tech giants lead rout

NEW YORK, Oct. 31 (Xinhua) -- U.S. stocks sank on Thursday as Wall Street absorbed disappointing quarterly results from major tech firms and anticipated additional earnings reports.

The Dow Jones Industrial Average fell by 378.08 points, or 0.90 percent, to 41,763.46. The S&P 500 sank 108.22 points, or 1.86 percent, to 5,705.45. The Nasdaq Composite Index shed 512.78 points, or 2.76 percent, to 18,095.15.