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    HomeBusinessWall Street opens lower, S&P 500 on pace to confirm bear market

    Wall Street opens lower, S&P 500 on pace to confirm bear market

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    At 09:37 am, the Dow Jones fell 563.56 points, or 1.80% , to 30,829.23, the S&P 500 lost 87.03 points, or 2.23 %, to 3,813.83 and the Nasdaq Composite lost 284.93 points, or 2.51 %, to 11,055.10

    Topics
    Wall Street | S&P 500

    Reuters 

    Wall Street

    (Photo: AP/PTI)

    Wall Street’s main indexes opened sharply lower on Monday with the S&P 500 on course to confirm a bear market on growing fears that aggressive interest rate hikes could tip the economy into recession.

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    At 09:37 a.m. the Dow Jones Industrial Average fell 563.56 points, or 1.80% , to 30,829.23, the S&P 500 lost 87.03 points, or 2.23 %, to 3,813.83 and the Nasdaq Composite lost 284.93 points, or 2.51 %, to 11,055.10.

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

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    First Published: Mon, June 13 2022. 19:17 IST

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