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
Stocks Open Down on Gloomy Germany News
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)

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. (More Wall Street stories.)

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