Stocks Slip At Opening Bell

Stocks opened lower Monday as investors’ continued to fear the growing debt in Europe.

The Dow Jones industrial Average lost 49 points, or 0.50%, at the start of trading. The S&P 500 index fell 4 points, or 0.37%. The Nasdaq composite dropped 5 points, or 0.25%.

Stocks slumped late last week after a two session rally amid worries about mounting debt problems in Greece, Portugal and Spain. However, the U.S. dollar continues to trade higher against its main trading partners. The advance came as comments from Group of Seven finance ministers over the weekend failed to soothe concerns about Greece.

Overseas markets were mixed Monday. Asian stocks fell overnight while most European markets rose.