Global stocks decline

NEW YORK: Stocks fell in early trading on Tuesday in the U.S. as a fresh batch of upbeat earnings was not able to offset ongoing concerns about the strength of a global economic recovery.

Overseas markets fell after a new report showed Britain emerged from recession more slowly than expected. Investors were also worried about restrictions on bank lending in China.

Traders are worried about the pace of a global economic recovery.

Earnings reports so far this month have mostly failed to push the market higher, even though companies are regularly topping analysts’ expectations. Earnings from some major companies, including insurer Travelers Cos., chemical company DuPont and electronics giant Apple Inc. have provided some hope that the economy is strengthening.

In early morning trading, the Dow Jones industrial average fell 5.21, or 0.1 percent, to 10,191.65. The Standard & Poor’s 500 index fell 3.80, or 0.4 percent, to 1,092.98, while the Nasdaq composite fell 8.42, or 0.4 percent, to 2,202.38. — AP