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Dow Drops 100 as Boeing Leads Decliners; China Chokes Caterpillar

Dan Caplinger
March 10, 2014

Monday morning, the Dow Jones Industrials (DJINDICES: ^DJI) responded to news on the international front once more, but for many investors the source was probably a surprise. Without market-moving news from Russia and Ukraine, economic data from China took center stage, with an 18% plunge in exports from the emerging-market giant once again raising fears of slowing economic growth as the nation's trade balance turned from surplus to deficit. As of 11 a.m. EDT, the Dow was down 108 points, with Boeing (NYSE: BA) posting the worst decline and Caterpillar (NYSE: CAT) also falling because of its connection to China.

Boeing was