US: Wall St opens lower on China worries, oil

[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.

REUTERS