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13Oct2016 Pre-Market Commentary: Wall Street Tumbling After Chinese Poor Trade Data, Falling Yuan, Rising US Dollar, Investor Unrest Of A Continuing Market Slide

Thursday, October 13, 2016 6:02
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Written by Gary

U.S. stock index futures pointed to a sharply lower open this morning (DOW -0.6%, SPY -0.7%, SP500 -0.6%, Nadaq -0.6%), as traders eyed the release of data and earnings. The dollar has risen to fresh seven-month highs, Chinese trade data came in well below expectations and US Jobless claims fall for second straight week.

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