US stocks falls as markets assess downbeat China data

News Snapshot:

A trader watches the screen at his terminal on the floor of the New York Stock Exchange in New York October 15, 2014. REUTERS/Lucas Jackson US stocks fell in early morning trading as investors took in downbeat China data. The nation reported below-expected industrial production, retail sales, and a drop in exports. US bank stocks were also hurt after Fitch said it could downgrade a handful of big lenders. US stocks fell Tuesday as investors took in more disappointing economic data from China and watched key US bond yields rise. China's economic recovery missed analysts expectations over the month of...