Wall Street opens lower as recession worries mount
FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 22, 2022. REUTERS/Brendan McDermid
(Reuters) - Wall Street's main indexes opened lower on Wednesday as warnings of a looming recession from major Wall Street bankers offset optimism around China relaxing its strict zero-COVID rules.
The Dow Jones Industrial Average fell 39.9 points, or 0.12%, at the open to 33556.4. The S&P 500 fell 8.0 points, or 0.20%, at the open to 3933.28, while the Nasdaq Composite dropped 50.9 points, or 0.46%, to 10963.95 at the opening bell.
(Reporting by Ankika Biswas in Bengaluru)
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