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US: Wall St opens down on data, company forecasts


[NEW YORK] US stocks opened lower on Thursday, pressured by soft data out of Europe and China, while companies such as Procter & Gamble and 3M joined others in issuing disappointing forecasts.

The Dow Jones industrial average fell 19.65 points, or 0.11 per cent, to 18,018.62, the S&P 500 lost 3.58 points, or 0.17 per cent, to 2,104.38 and the Nasdaq Composite dropped 14.47 points, or 0.29 per cent, to 5,020.70.