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Wall St extends losses as recession fears weigh

2022-12-16T15:15:26Z

Wall Street’s main stock indexes extended losses on Friday as fears of a looming recession, sparked by the Federal Reserve’s relentless battle against inflation, hammered sentiment.

The Dow Jones Industrial Average (.DJI) fell 35.76 points, or 0.11%, at the open to 33,166.46. The S&P 500 (.SPX) opened lower by 4.84 points, or 0.12%, at 3,890.91, while the Nasdaq Composite (.IXIC) dropped 42.89 points, or 0.40%, to 10,767.64 at the opening bell.

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