Trade Figures from China Shake the US Stock Markets, Dow Futures Fall
New trade data from China is fuelling fears of global recession. Stock markets in Asia and Europe fell in reaction. A premarket drop for Dow futures points to a tough day for the US stock markets.
Europe’s leading 300 share index, the FTSEurofirst 300 Index (FTEU3), fell 0.7% in early trading. Asia saw declines with the MSCI World Index losing around 1% after highs on Friday. Stocks in China and Hong Kong have suffered the most.