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Wednesday, June 29, 2022
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Wall Street opens lower on global slowdown fears

 Wall Street’s main indexes opened lower on Monday (April 25) as fears over China’s COVID-19 outbreaks spooked investors already concerned about aggressive U.S. interest rate hikes.

The Dow Jones Industrial Average fell 79.75 points, or 0.24%, at the open to 33,731.65.

The S&P 500 opened lower by 16.44 points, or 0.38%, at 4,255.34, while the Nasdaq Composite dropped 90.12 points, or 0.70%, to 12,749.17 at the opening bell.

(Production: Aleksandra Michalska)

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