US: Wall Street opens sharply lower on recession worries

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US: Wall Street opens sharply lower on recession worries
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US stock indexes opened sharply lower on Thursday (Jun 16), with growth shares taking the biggest hit, after the Federal Reserve's biggest interest rate hike since 1994 fanned recession worries. Read more at The Business Times.

US stock indexes opened sharply lower on Thursday , with growth shares taking the biggest hit, after the Federal Reserve's biggest interest rate hike since 1994 fanned recession worries.

US stock indexes opened sharply lower on Thursday , with growth shares taking the biggest hit, after the Federal Reserve's biggest interest rate hike since 1994 fanned recession worries.The S&P 500 opened lower by 61.81 points, or 1.63 per cent, at 3,728.18, while the Nasdaq Composite dropped 293.13 points, or 2.64 per cent, to 10,806.02 at the opening bell. REUTERS

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