S&P down 1% in early trading after weak data from China, Europe
2018-12-14 09:41:58
Stocks have opened lower across the board, with the S&P and Dow each down about 1% and the Nasdaq even further down on a percentage basis, following weak economic data out of both China and Europe. The overseas data is overshadowing another sign of trade progress as China officially paused its imposition of increased tariffs on U.S.-made cars and car parts and the fact that U.S. retail sales were better than expected in November. In early trading, the S&P is down 25 points, the Dow is down 247 points and the Nasdaq is down 90 points.