FILE PHOTO: Merchants work on the ground on the New York Inventory Change (NYSE) in New York, U.S., September 9, 2019. REUTERS/Brendan McDermid
(Reuters) – U.S. shares opened decrease on Tuesday, as weak financial information from China pointed to slowing progress on the planet’s second largest economic system, including to fears of a worldwide recession.
The Dow Jones Industrial Common .DJI fell 29.68 factors, or 0.11{5048a9ac22a95e6c0a00d427d71a0d7ff263f9d98391fe7073acb5a0aa0a3f48}, on the open to 26,805.83. The S&P 500 .SPX opened decrease by 7.42 factors, or 0.25{5048a9ac22a95e6c0a00d427d71a0d7ff263f9d98391fe7073acb5a0aa0a3f48}, at 2,971.01. The Nasdaq Composite .IXIC dropped 37.46 factors, or 0.46{5048a9ac22a95e6c0a00d427d71a0d7ff263f9d98391fe7073acb5a0aa0a3f48}, to eight,049.98 on the opening bell.
Reporting by Shreyashi Sanyal in Bengaluru; Enhancing by Bernard Orr