Wall Street Opens Lower While Trade War Fears Recession



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NEW YORK (Reuters) – US stocks opened lower on Monday, driven by the financial sector as investors shunned risky badets, fearing that a prolonged trade war between the US and China would lead to a global economic recession.

The Dow Jones Industrial Average <.DJI> fell by 117.53 points, or 0.45%, to 26,169.91.

The Standard & Poor's Index 500 <.SPX> lost 11.58 points, or 0.40%, to 2,907.07. The Nasdaq composite index <.IXIC> was down 51.65 points, or 0.65%, to 7,907.49.

(Reuters)

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