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MarketWatch MarketPulseOct 18, 2021
Stocks open lower after China slowdown as investors await earnings
Major U.S. stock indexes kicked off the week on a soft note Monday, under pressure after data showed slowing economic growth in China, and as investors awaited a heavy slate of corporate earnings. The Dow Jones Industrial Average fell 153 points, or 0.4%, to 35,143, while the S&P 500 was down 0.4% at 4,455 and the Nasdaq Composite gave up 0.3% to trade at 14,853. China reported 4.9% year-over-year growth in the third quarter, a big slowdown from the 7.9% recorded in the second quarter as construction output slowed.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.


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