U.S. Stock Futures Are Lower After Several Chinese Economic Data Releases
U.S. stock futures are lower. Last week’s trading action capped the fourth straight weekly advance for the S&P 500. US equity markets are ticking lower after several Chinese economic data releases came in below analyst expectations. Earnings season is coming to a close, 87% of S&P 500 companies have reported earnings. 75% of these companies have reported earnings above expectations. This week, several large retailers are set to report results and Retail Sales data will be released on Wednesday. Treasuries are higher as yields decline. Oil prices are lower.