Frankfurt Rekindled fears of a recession after the latest US economic data pushed Wall Street into the red on Tuesday. The Dow Jones index of standard values fell 0.7 percent to 33,377 points. The broader S&P 500 lost 0.6 percent to 4101 points. The Nasdaq technology exchange index fell 0.5 percent to 12,133 jobs.
US industry once again posted a drop in orders in February. Orders fell 0.7 percent from the previous month. Economists polled by Reuters had expected a fall of just 0.5 percent, after a downwardly revised 2.1 percent drop in January. The job market data for February also showed a surprisingly sharp drop in new job openings.
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