New York, December 07 (QNA) – Wall Street closed lower on Tuesday, with the S&P 500 declining for the fourth straight session, as skittish investors fretted over Federal Reserve rate hikes and further talk of a looming recession.

The S&P 500 lost 57.05 points, or 1.43%, to end at 3,941.79 points, while the Nasdaq Composite lost 225.01 points, or 1.99%, to 11,014.93.

The Dow Jones Industrial Average fell 347.49 points, or 1.02%, to 33,599.61. (QNA)

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