NewsFeeder
01-02-2019, 12:16 AM
U.S. Stock Futures Plunge as China Data Fuel Growth Concerns
March contracts on the S&P 500 Index fell 1.1 percent as of 6 a.m. in London, after a closely watched gauge of Chinese manufacturing had its lowest reading since May 2017. The Caixin Media and IHS Markit China’s December manufacturing purchasing managers’ index fell to 49.7 from 50.2 in November, below the 50 threshold for the first time since May 2017. Adding to global growth concerns, Singapore’s export-reliant economy grew an annualized 1.6 percent in the three months through December from the third quarter, easing from a revised 3.5 percent gain previously, according to an advance estimate from the Ministry of Trade and Industry Wednesday.
https://finance.yahoo.com/news/u-stock-index-futures-rise-230929845.html?.tsrc=rss
March contracts on the S&P 500 Index fell 1.1 percent as of 6 a.m. in London, after a closely watched gauge of Chinese manufacturing had its lowest reading since May 2017. The Caixin Media and IHS Markit China’s December manufacturing purchasing managers’ index fell to 49.7 from 50.2 in November, below the 50 threshold for the first time since May 2017. Adding to global growth concerns, Singapore’s export-reliant economy grew an annualized 1.6 percent in the three months through December from the third quarter, easing from a revised 3.5 percent gain previously, according to an advance estimate from the Ministry of Trade and Industry Wednesday.
https://finance.yahoo.com/news/u-stock-index-futures-rise-230929845.html?.tsrc=rss