New York-Sana
US stock indices opened sharply lower today due to fears of recession and high inflation in the US.
Reuters reported that the Dow Jones Industrial Average fell by 362.79 points, or 1.18 percent, to 30,305.74 points.
The Standard & Poor's 500 index fell 61.81 points, or 1.63 percent, to 3728.18 points, while the Nasdaq Composite Index fell 293.13 points, or 2.64 percent, to 10806.02 points.
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