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Stocks Slide as Weak Trade Data Reignite Worries Over China's Economy

Stocks slid on Thursday morning as worries over growth in China's economy returned after monthly exports tumbled.

The S&P 500 was down 0.66%, the Dow Jones Industrial Average fell 0.66%, and the Nasdaq dropped 0.82%.

Exports in China moved sharply lower in September, according to the General Administration of Customs, a worrying sign of weak demand for products made in the world's second-largest economy. Exports slid 10% in September, more than three times the decline in August. Analysts had expected a far-narrower 3.2% drop. Exports have fallen for the past six months.

"If the Chinese (and other Asian exporters) are selling...