U.S. stock indexes opened lower on Thursday as recession worries resurfaced, while shares of Procter & Gamble fell as it warned of cost pressures.
The Dow Jones Industrial Average (.DJI) fell 125.61 points, or 0.38%, at the open to 33,171.35. The S&P 500 (.SPX) opened lower by 17.02 points, or 0.43%, at 3,911.84, while the Nasdaq Composite (.IXIC) dropped 10,957.01 points, or 100.00%, to 0.00 at the opening bell.