Stocks fall after weak housing data

Wed Nov 18, 9:41 AM
NEW YORK (Reuters) - U.S. stocks opened lower on Wednesday after data showed U.S. housing starts fell unexpectedly in October, offsetting strength in the natural resources sectors amid U.S. dollar weakness.
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(Reuters)

NEW YORK (Reuters) - U.S. stocks opened lower on Wednesday after data showed U.S. housing starts fell unexpectedly in October, offsetting strength in the natural resources sectors amid U.S. dollar weakness.

The Dow Jones industrial average was down 28.72 points, or 0.28 percent, at 10,408.70. The Standard & Poor's 500 Index dipped 2.23 points, or 0.20 percent, at 1,108.09. The Nasdaq Composite Index fell 8.97 points, or 0.41 percent, at 2,194.81.

(Reporting by Angela Moon; editing by Jeffrey Benkoe)