Stock market today: Wall Street futures, global markets decline on weak China export

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Jun 17, 2007
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Wall Street is pointing toward a third straight day of losses and global markets are falling as well with more signs of an economic slowdown in China despite efforts by Beijing to turn it around. Futures for the S&P 500 slipped 0.4%, while the Dow Jones Industrial Average lost 0.1%. Nasdaq futures are off 0.8%. China said its exports fell 8.8% in August from a year earlier — a fourth straight monthly decline — while imports were down 7.3%. The declines were smaller than the double-digit drops in
 
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