US: Wall St slips at open as weak China data sparks slowdown fears

WALL Street's main indexes opened lower on Monday (Aug 15), mirroring global markets, after weak economic data from China rekindled fears of an economic slowdown in the world's second-largest economy.

The Dow Jones Industrial Average fell 50.35 points, or 0.15 per cent, at the open to 33,710.70.

The S&P 500 opened lower by 10.78 points, or 0.25 per cent, at 4,269.37, while the Nasdaq Composite dropped 50.56 points, or 0.39 per cent, to 12,996.63 at the opening bell. REYTERS