US: Wall St opens lower on China worries, oil

US stocks opened lower on Monday as weak Chinese economic data increased worries about a global slowdown and oil prices continued to slide. 

PHOTO: BLOOMBERG

FEB 1, 201610:45 PM

[NEW YORK] US stocks opened lower on Monday as weak Chinese economic data increased worries about a global slowdown and oil prices continued to slide.

The Dow Jones industrial average was down 77.94 points, or 0.47 per cent, at 16,388.36, the S&P 500 was down 9.67 points, or 0.5 per cent, at 1,930.57 and the Nasdaq composite was down 26.98 points, or 0.58 per cent, at 4,586.97.

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