US STOCKS SNAPSHOT-Wall St opens sharply lower, S&P 500 nears bear market territory

Reuters04-07

April 7 (Reuters) - Wall Street's main indexes opened sharply lower on Monday, with the S&P 500 on track to confirm bear market territory, as investors sought refuge in government bonds on economic worries over the fallout of U.S. President Donald Trump's sweeping tariff plans.

At 09:31 a.m. the Dow Jones Industrial Average .DJI fell 1,212.98 points, or 3.17%, to 37,101.88, the S&P 500 .SPX lost 181.37 points, or 3.57%, to 4,892.71, and the Nasdaq Composite .IXIC lost 623.23 points, or 4.00%, to 14,964.56.

(Reporting by Pranav Kashyap in Bengaluru; Editing by Shounak Dasgupta)

((Pranav.Kashyap@thomsonreuters.com; +919886482111))

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