Wall Street opens down on data, company forecasts

Reuters
Street signs for Wall St. and Broad St. hang at the corner outside the New York Stock Exchange March 24, 2015. REUTERS/Brendan McDermid/Files

REUTERS - U.S. stocks opened lower on Thursday, pressured by soft data out of Europe and China, while companies such as Procter & Gamble and 3M joined others in issuing disappointing forecasts. The Dow Jones industrial average fell 19.65 points, or 0.11 percent, to 18,018.62, the S&P 500 lost 3.58 points, or 0.17 percent, to 2,104.38 and the Nasdaq Composite dropped 14.47 points, or 0.29 percent, to 5,020.70. (Reporting by Ryan Vlastelica; Editing by Nick Zieminski)