US stocks ended lower as a higher-than-expected fall in US job openings and factory orders during the month of February exacerbated worries of a recession
Shares of Digital World Acquisition Corp
fell 8% after the SPAC linked to former U.S. President Donald Trump delayed the filing of its annual financial report. Volume on U.S. exchanges was relatively light, with 10.3 billion shares traded, compared to an average of 12.8 billion shares over the previous 20 sessions.The S&P 500 posted 14 new highs and one new lows; the Nasdaq recorded 64 new highs and 238 new lows.
Reporting by Ankika Biswas and Amruta Khandekar in Bengaluru and by Noel Randewich in Oakland, Calif.; Editing by Arun Koyyur, Shounak Dasgupta and Deepa Babington
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