Wall Street dips at open after China policy comments

US stocks dipped at the open on Monday, after China's finance minister indicated the country will not increase stimulus measures, with data on the housing market due shortly after the opening bell.

The Dow Jones industrial average fell 6.81 points, or 0.04 percent, to 17,272.93, the S&P 500 lost 3.04 points, or 0.15 percent, to 2,007.36 and the Nasdaq Composite dropped 11.80 points, or 0.26 percent, to 4,567.99.