Market Report - US

US open: Stocks sharply lower amid recession fears

By Iain Gilbert

Date: Monday 05 Aug 2024

(Sharecast News) - Wall Street stocks were firmly in the red early on Monday amid fears that a potential US recession may be on the horizon.
As of 1530 BST, the Dow Jones Industrial Average was down 2.24% at 38,845.54, while the S&P 500 lost 2.79% to 5,197.35 and the Nasdaq...

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