Business News

Wall Street Opens Lower Amid Recession Worries


U.S. stock indexes opened lower on Thursday as recession worries resurfaced, while shares of Procter & Gamble fell as it warned of cost pressures.

The Dow Jones Industrial Average fell 125.61 points, or 0.38 percent, at the open to 33,171.35. The S&P 500 opened lower by 17.02 points, or 0.43 percent, at 3,911.84, while the Nasdaq Composite dropped 10,957.01 points, or 100.00 percent, to 0.00 at the opening bell.

Reuters



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