[Breaking] New York Stock Market Closes Lower Amid Recession Concerns... Nasdaq Down 2%

[Asia Economy New York=Special Correspondent Joselgina] Major indices on the U.S. New York Stock Exchange closed lower on the 6th (local time) as concerns over an economic recession surfaced on Wall Street.

On that day, the Dow Jones Industrial Average closed down 1.03% from the previous session. The S&P 500, which focuses on large-cap stocks, fell 1.44%, and the tech-heavy Nasdaq index closed down 2.0%.