US Markets

Wall Street opens lower as recession fears loom

Credit: REUTERS/ANDREW KELLY

Wall Street's main indexes opened lower on Wednesday after moves in the U.S. bond market brought back fears of a recession as the U.S.-China trade war drags on.

Aug 28 (Reuters) - Wall Street's main indexes opened lower on Wednesday after moves in the U.S. bond market brought back fears of a recession as the U.S.-China trade war drags on.

The Dow Jones Industrial Average .DJI fell 64.91 points, or 0.25%, at the open to 25,712.99.

The S&P 500 .SPX opened lower by 7.88 points, or 0.27%, at 2,861.28. The Nasdaq Composite .IXIC dropped 28.60 points, or 0.37%, to 7,798.35 at the opening bell.

(Reporting by Akanksha Rana in Bengaluru; Editing by Shounak Dasgupta)

((akanksha.rana@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1130;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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