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Wall Street opens lower as recession signals grow; Dow falls 9%

The S&P 500 opened lower by 2.37 points, or 0.08 per cent, at 2,880.72. The Nasdaq Composite dropped 8.04 points

Wall Street, US stocks

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Reuters

US stocks opened lower on Tuesday, tracking a global shift out of riskier assets, as investors grappled with simmering geopolitical tensions and fears of a recession due to a drawn-out US-China trade war.

The Dow Jones Industrial Average fell 8.83 points, or 0.03 per cent, at the open to 25,888.88.

The S&P 500 opened lower by 2.37 points, or 0.08 per cent, at 2,880.72. The Nasdaq Composite dropped 8.04 points, or 0.10 per cent, at 7,855.37 after market open.

 

 

Topics : Wall Street

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First Published: Aug 13 2019 | 7:10 PM IST

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