Originally posted by the Voice of America.
Voice of America content is produced by the Voice of America,
a United States federal government-sponsored entity, and is in
the public domain.


US Stocks Lower in Early Trading After Day of Gains

VOA News

   U.S. Stock prices were lower early Tuesday after closing higher one day
   earlier on hopes the economy will rebound from the coronavirus pandemic
   as it officially entered a recession.

   The Dow Jones Industrial Average fell a sharp 1.1% shortly after the
   markets opened, while the S&P 500 Index dropped 1%. The Nasdaq
   Composite Index was 0.4% lower one day after its first record closing
   high since February 19.

   European markets also are slumping Tuesday in a marked reversal of
   results earlier in the day in Asia.

   The FTSE in London was down 2.2% in late afternoon trading, while
   Paris' CAC-40 index was 1.6% lower and Frankfurt's DAX index was down
   1.8%.

.