Stocks Open Down on Gloomy Germany News

Dow down 105 points at open
By Kate Seamons,  Newser Staff
Posted Aug 16, 2011 8:50 AM CDT
Specialist Michael O'Mara, center, works with traders at the closing bell, on the floor of the New York Stock Exchange Friday, Aug. 12, 2011.   (AP Photo/Richard Drew)

(Newser) – Germany is bringing everyone down with it this morning: Stocks opened lower at the bell on news that Germany's GDP grew just 0.1% in Q2, sharply down from estimates of 0.5%. The Dow is down 105 points to 11,378, and the Nasdaq and S&P 500 fell 33 and 15 points, respectively. There were two relative winners, though: Home Depot and Walmart saw shares rise on better-than-expected Q2 earnings, reports MarketWatch.

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