Dow opened down nearly 600 points and the S&P 500 entered the bear market on growing fears that aggressive interest rate hikes could tip economy into recession.Wall Street tumbled even more Monday, sending the S&P 500 down more than 20% from its record, amid fears that a recession is more likely given how unshakeable has become.The S&P 500 was 2.7% lower in the first trading after investors had the weekend to reflect about a stunning report that showed inflation is getting worse, not better as some had hoped. The Industrial Average was down 625 points, or 2%, at 30,767, as of 9:40 a.m. Eastern time, and the Nasdaq composite was 3% lower.
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