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 closed 0.6 percent lower at 33,402 points. The tech-heavy Nasdaq fell 0.5 percent to 12,126 points. The broad S&P 500 lost 0.6 percent to 4100 points.
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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