U.S. stocks open lower amid weak production data

Date: Tue, 17 Nov 2009 12:00:55 -0500

U.S. stocks open lower amid weak production dtam

Investors bid down blue-chip shares, as commodities slid, the dollar
rose, and the nation's latest industrial production came in weaker
than expected.

OIL FUTURES FALL AS DOLLAR REBOUNDS ON PRICE DATA

Oil futures fall, giving back some of the prior session's gains, after the
dollar rebounds on a surprise drop in the producer price index.
m

GOLD PULLS BACK FROM RECORD AS DOLLAR REBOUNDS

Gold futures retreat, now down about $10 an ounce from record highs seen o
Monday, as the dollar stages a broad rebound and as the latest government dat
offer no hint of inflation in the U.S. econy.

DOLLAR GAINS, REVERSING DROP AS EQUITIES SLIP

The dollar gains ground versus the euro and other currencies as equity markets
weaken around the world, signaling a retreat in appetite for risk among
investors.

HOME DEPOT PROFIT TOPS VIEW; OUTLOOK MAY MISS

Home Depot Inc., the No. 1 home-improvement retailer, reports that its
fiscal third-quarter profit fell 8.9%, with the CEO saying that the
market is showing
signs of stabilizing.