NEW YORK (AP) — U.S. stocks are opening slightly lower following some mixed economic news out of China.
The Dow Jones industrial average slipped 51 points, or 0.3 percent, to 16,381 as of 9:35 a.m. Eastern time Monday.
The Standard & Poor's 500 index gave up five points, or 0.3 percent, to 1,955.
The Nasdaq composite declined five points, or 0.1 percent, to 4,816.
Raptor Pharmaceuticals plunged 25 percent after the drug developer said its liver disease treatment failed to meet a key goal in a study.
Traders are looking ahead to a Federal Reserve meeting that begins Wednesday. The bank could raise interest rates for the first time since the financial crisis.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.17 percent.