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Wall Street opens lower on global demand worries

Also, lackluster trade data was reported from China

Traders work on the floor of the New York Stock Exchange

Traders work on the floor of the New York Stock Exchange

Reuters

US stocks opened lower on Monday as concerns about weakening global demand increased following lackluster trade data from China and after the OECD cut its 2015 global growth forecast.

The Dow Jones industrial average fell 83.64 points, or 0.47 percent, to 17,826.69. The S&P 500 lost 8.92 points, or 0.42 percent, to 2,090.28 and the Nasdaq Composite index dropped 23.50 points, or 0.46 percent, to 5,123.62.

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First Published: Nov 09 2015 | 8:06 PM IST

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