US markets dented by poor US trade data
- 5 May 2015
- From the section Business
(Open): Wall Street opened lower after trade figures showed the US deficit jumped sharply in March, suggesting weaker economic growth.
The deficit, at $51.4bn, was at its highest in more than six years.
Disney was unchanged despite quarterly earnings coming in above estimates.
Cosmetics giant Estee Lauder was up 5.3% after its better-than-expected profits.
Tesla Motors shares added another 1.6% to Monday's gains after a broker upgrade.