Wall Street: Dow falls 140 pts on slowing China growth, inflation worries

Disney slips as Barclays downgrades to 'equal weight'; energy shares gain as Brent crude tops $85

Wall Street's main indexes fell on Monday as economic growth in China slowed, while a relentless surge in oil prices fueled concerns about elevated inflation.

Data showed China's economy hit its slowest pace of growth in a year in the third quarter, hurt by power shortages and wobbles in the property sector.

"There is some weak data out of China, which is concerning on a global basis, and then market participants came into this earnings with a very pessimistic view but banks dramatically exceeded expectations," said Thomas Hayes, managing member at Great Hill Capital Llc in New York.

"Now we