U.S. Stocks Lower at the Opening Bell, Apple Sets New Record Sales

Stocks are lower at the opening bell Monday as the excitement over Alibaba's (BABA) IPO fades. American oilfield equipment maker Dresser-Rand (DRC) is rising in early trading after Germany's Siemens agreed to buy it for $7.6 billion dollars. The deal is expected to close by next summer. A new record for Apple (APPL) on its first weekend sales of its new iPhones. Sales of the iPhone 6 and 6 Plus topped 10 million breaking the launch figures of the 5s and 5c models. Microsoft (MSFT) delayed the launch of its Xbox One video game console in China. The release was planned for Tuesday. Microsoft did not give a reason for the delay but said the console would be out in China by the end of the year. Thousands of demonstrators clogged New York City streets ahead of the UN Summit Tuesday on climate change. A march is planned on Wall Street Monday to protest the role major companies play in global warming.