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Aug. 15, 2022, 9:33 a.m. EDT

U.S. stocks open down amid signs of a slowdown in China, U.S. manufacturing weakness

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By Christine Idzelis

U.S. stocks opened lower Monday, declining amid concerns over an economic slowdown in China and a sign of manufacturing weakness in the U.S. economy. The Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.47% and S&P 500 /zigman2/quotes/210599714/realtime SPX -0.27% were each trading down around 0.5% soon after the opening bell, while the Nasdaq Composite /zigman2/quotes/210598365/realtime COMP +0.14% slid 0.3%, according to FactSet data, at last check. U.S. economic data released Monday showed the Federal Reserve Bank of New York's Empire State business conditions index, a gauge of the state's manufacturing activity, has plunged into negative territory this month. U.S. stocks booked gains last week, with the S&P 500 and Nasdaq notching their longest weekly win streak since November 2021.

/zigman2/quotes/210598065/realtime
US : Dow Jones Global
33,507.50
-158.84 -0.47%
Volume: 0.00
Sept. 29, 2023 5:20p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,288.05
-11.65 -0.27%
Volume: 0.00
Sept. 29, 2023 5:20p
loading...
/zigman2/quotes/210598365/realtime
US : Nasdaq
13,219.32
+18.05 +0.14%
Volume: 5.17B
Sept. 29, 2023 5:16p
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