U.S. stock futures retreated as commodities slumped after signs of a deeper Chinese slowdown.
China had the biggest trade deficit last month in at least 22 years, the weakest January- February factory-production gain since 2009, and retail sales were below the median economist estimate, government data showed March 9 and 10. The central bank said in a statement today it will maintain a prudent monetary policy while fine-tuning and taking preemptive measures as appropriate.
Global stocks:
Nikkei 9,889.86 -39.88 -0.40%
Hang Seng 21,134.18 +48.18 +0.23%
Shanghai Composite 2,434.86 -4.60 -0.19%
FTSE 5,881.96 -5.53 -0.09%
CAC 3,484.12 -3.36 -0.10%
DAX 6,889.29 +9.08 +0.13%
Crude oil: $106.08 (-1,2%).
Gold: $1703.20 (-0,6%).