US: Stocks open lower on China data, Greece fears

[NEW YORK] US stocks opened lower on Monday, on the heels of disappointing economic data out of China and signs of rising tensions surrounding Greek debt negotiations.

The Dow Jones industrial average fell 38.7 points, or 0.22 per cent, to 17,785.59, the S&P 500 lost 4.84 points, or 0.24 per cent, to 2,050.63 and the Nasdaq Composite dropped 20.60 points, or 0.43 per cent, to 4,723.80.

REUTERS