Wall Street opens lower on recession fears, Dow falls over 550 pts





Wall Street’s main indexes opened lower on Tuesday, with investors fretting about the possibility of an economic recession as central banks across the world take aggressive actions to contain a surge in inflation.


The Dow Jones Industrial Average fell 562 points, or 1.81%, minutes after opening to 30,534.97.


The was trading 61.77 points lower, or 1.63%, at 3,763.86, while the Nasdaq Composite dropped 141.79 points, or 1.28%, to 10,981.64 minutes after the opening bell.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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