US stock futures edge lower after weak Chinese trade data

US stock futures edge lower after weak Chinese trade data
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Summary A decline Wednesday would break a four-day winning streak for the market.

 

NEW YORK (AP) - US stock futures are edging lower after a weak Chinese trade report outweighed optimism on corporate earnings.


Dow Jones Industrial futures are down 9 points at 15,213. The broader Standard & Poor s 500 futures are down 3 points at 1,643. Nasdaq futures are down 4 points at 2,971.


A decline Wednesday would break a four-day winning streak for the market.


Later Wednesday, investors will study the minutes from June s meeting of the Federal Reserve board of governors, along with a speech by Fed Chairman Ben Bernanke.


Encouraging US economic news has sparked gains in some markets this week. But Wednesday s report that Chinese exports and imports each fell in June compared with last year raised questions about whether China s era of breakneck economic growth is over.
 

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