Audio Sources - Full Text Articles

Wall St opens lower amid recession worries


Traders work at the post where Carvana Co. is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2022. REUTERS/Brendan McDermid

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 (.DJI) fell 125.61 points, or 0.38%, at the open to 33,171.35. The S&P 500 (.SPX) opened lower by 17.02 points, or 0.43%, at 3,911.84, while the Nasdaq Composite (.IXIC) dropped 10,957.01 points, or 100.00%, to 0.00 at the opening bell.