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Wall St opens lower amid recession worries

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2023-01-19T14:39:18Z

Traders work at the post where Carvana Co. is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2022. REUTERS/Brendan McDermid

U.S. stock indexes opened lower on Thursday as recession worries resurfaced, while shares of Procter & Gamble fell as it warned of cost pressures.

The Dow Jones Industrial Average (.DJI) fell 125.61 points, or 0.38%, at the open to 33,171.35. The S&P 500 (.SPX) opened lower by 17.02 points, or 0.43%, at 3,911.84, while the Nasdaq Composite (.IXIC) dropped 10,957.01 points, or 100.00%, to 0.00 at the opening bell.

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