Wall Street frightened by inflation and monetary tightening

(New York) The New York Stock Exchange opened sharply lower on Monday, tensed by the persistence of inflation and the prospect of a possible tightening of the monetary policy of the American central bank (Fed).

In early trading, the Dow Jones fell 1.89%, the tech-heavy NASDAQ index dropped 2.75%, and the broader S&P 500 index lost 2.35%.