Wall Street extends declines on recession worries; Dow falls over 300 pts

Tech, consumer discretionary pare back gains; casino stocks jump as Macau allows tour groups after nearly 3 years

Wall Street's main indexes extended declines on Monday as investors continued to fret about the Federal Reserve's aggressive policy tightening and its impact on the U.S. economy.
 

The last two weeks have been rough for U.S. stocks, with the Dow Jones Industrial Average coming within spitting distance of a bear market in the previous session, after the Federal Reserve signaled that high interest rates could last through 2023 on Wednesday.
 

The S&P 500 index has shed almost all of its gains made in the summer and is hovering near its mid-June closing low of 3,666 hit on Friday.
 

The morning