Market Report - US

US open: Stocks sharply lower as recession fears resurface

By Iain Gilbert

Date: Friday 02 Aug 2024

(Sharecast News) - Wall Street stocks were firmly in the red at the opening bell on Friday amid resurgent fears of a potentially oncoming recession.
As of 1530 BST, the Dow Jones Industrial Average was down 1.75% at 39,640.07, while the S&P 500 lost 2.28% to 5,322.56 and the Nasdaq Composite...

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