A pedestrian walks past the New York Stock Exchange, Jan. 24, 2022, in New York. Stocks are opening sharply lower on Wall Street as inflation worries mount, pushing the S&P 500 closer to a bear market decline of 20% from the peak it reached early this year. The index slumped 2.3% as traders worry that inflation, already at a four-decade high, might be even tougher to rein in than expected. File photo by John Minchillo
By Stan Choe, AP Business Writer Fears about a possible recession are pounding markets Monday, and Wall Street’s S&P 500 tumbled into the maw of…