2313 GMT - Australia's S&P/ASX 200 looks set to add to its hefty losses of the past two days when the local share market opens Tuesday. ASX futures are down by 0.4%, suggesting that the benchmark index will add to losses compiled across its worst two-day decline since March 2020. The ASX 200 lost 3.7% on Monday and has fallen 5.7% since closing Thursday at a record. The potential for a U.S. recession has, temporarily at least, become the foremost issue for many local traders who had previously been squarely focused on this Wednesday's interest-rate decision by Australia's central bank. U.S. stocks continued to tumble at the start of the week. The DJIA lost 2.6%, the S&P 500 fell 3.0% and the Nasdaq Composite dropped 3.4%. ([email protected])

(END) Dow Jones Newswires