Wall Street declines, NASDAQ attempts recovery

US stock indices tumbled on Tuesday once more after negative data.

Markets are under a selloff currently due to estimates of an inflationary recession that might hit this year. 

The Fed is tightening its policies actively to control the runaway inflation, which hit four-decade highs. 

US data today showed unemployment claims rose to 218 thousand last week, while analysts expected 200 thousand. 

Dow Jones fell 1% to 32,166 as of 14:10 GMT, while S&P 500 declined 0.6% to 3,900, as NASDAQ added 0.1% to 11,430.