Wall Street opened Monday lower, with the Dow Jones Industrial Average down 1.6%, the S&P 500 down 2.5%, and the Nasdaq down 4%. Last week, the S&P 500 index posted its sharpest decline since September. In addition, the 10-year Treasury yield fell nine base points to 4.255%, and the 30-year Treasury yield lost seven base points to 4.545%. Investors are awaiting economic data to be released this week, amid concerns about a slowdown in U.S. economic growth and a potential recession due to the tariff war being waged by U.S. President Donald Trump.
Sharp plunges on Wall Street: Nasdaq loses 4%, amid fears of recession
Calcalist|
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