wall-street-opens-lower-on-global-growth-fears

Wall Street opens lower on global growth fears

Business

(Reuters) – U.S. stocks opened lower on Tuesday, as weak economic data from China pointed to slowing growth in the world’s second largest economy, adding to fears of a global recession.

The Dow Jones Industrial Average .DJI fell 29.68 points, or 0.11%, at the open to 26,805.83. The S&P 500 .SPX opened lower by 7.42 points, or 0.25%, at 2,971.01. The Nasdaq Composite .IXIC dropped 37.46 points, or 0.46%, to 8,049.98 at the opening bell.

Reporting by Shreyashi Sanyal in Bengaluru; Editing by Bernard Orr