U.S Stocks Open Lower On China Growth, Greece Concerns

U.S. stocks opened lower on Monday as economic data from China pointing to a continued slowdown, as well as concerns over Greece, prompted investors to pile into havens. Government bonds and gold attracted buyers, while global equities sold off. The S&P 500 opened 5 points, or 0.2%, lower at 2,050. The Dow Jones Industrial Average slumped 80 points, or 0.4%, to 17,745. The Nasdaq Composite began the day down 15 points, or 0.3%, at 4,730.

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