Stocks open lower on discouraging news from AsiaMarch 10, 2014 @ 7:00 am (Updated: 7:10 am - 3/10/14 )
See all photos
U.S. stocks are getting off to a weak start following disappointing economic news from China and Japan.
The Standard & Poor's 500 index fell three points, or 0.2 percent, to 1,874 in the first few minutes of trading Monday.
The Dow Jones industrial average lost 52 points, or 0.3 percent, to 16,401. The Nasdaq composite fell six points, or 0.2 percent, to 4,330.
Asian markets closed lower. China's exports slumped 18 percent in February, the latest sign of trouble for the world's second-largest economy. Japan lowered its estimate for fourth-quarter economic growth.
In the U.S., chemical company FMC Corp. rose 7 percent after saying it plans to split into two publicly traded companies.
The yield on the 10-year Treasury note held steady at 2.79 percent.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Danny O'Neil offers his retort to a column that blames Denver's loss on overtime rules
Add Life to Their Days
How a local nurse plans to ease the pain of saying 'goodbye'
The Seahawks have the NFL's single biggest difference maker
Please login below with your Facebook, Twitter, Google+ or Disqus account. Existing MyNorthwest account holders will need to create a new Disqus account or use one of the social logins provided below. Thank you.