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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

Reuters 

Wall Street, US stocks
Representative Image

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.

 

 

First Published: Tue, August 13 2019. 19:10 IST
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