- The S&P 500 dropped 3.5% on Monday while it admits to being in a bear market since the start of this year.
- The market is jittery as investors feel the Fed Reserve’s aggressive interest rate hike could let off a recession.
- In the technology sector, the S&P 5oo has seen almost 93% of the companies tumbling this year.
Wall Street's main indexes opened higher on Tuesday, a day after the S&P 500 confirmed it was in a bear market, as investors took relief from a smaller-than-expected rise in core producer prices.
The Dow Jones Industrial Average (.DJI) rose 75.60 points, or 0.25%, at the open to 30,592.34.