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US stocks open sharply lower, joining global sell-off

Stocks fall as tech shares sink, US economy slows
Source: Pixabay

Wall Street stocks tumbled early Tuesday, joining a global sell-off as markets worry about a long-running Middle East war that boosts oil prices and inflation.

All three major indices were firmly lower a few minutes into trading, with the Dow Jones Industrial Average falling 1.7 percent to 48,066.36.

The broad-based S&P 500 shed 1.7 percent to 6,767.35, while the tech-rich Nasdaq Composite Index slid 2.0 percent to 22,305.35.

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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