US Futures Dip on Weak Data From China

By: Associated Press Email

Posted: Mon 8:03 AM, Sep 10, 2012

Stock futures are heading lower with disquieting data from China overshadowing hopes that the Fed will announce new stimulus measures to revive the U.S. economy when it meets later this week.

Dow Jones industrial futures are down 20 points to 13,276. The broader S&P futures have given up 2.6 points to 1,435.60. Nasdaq futures are down 5 points to 2,818.

China's auto sales growth slowed to 3.7 percent in August, according to a report Monday from the government-authorized industry group, the China Association of Auto Manufacturers. It's more evidence of a pronounced economic cooling.

Imports also shrank unexpectedly for the world's second-largest economy and the Chinese president warned growth could slow further.

The monetary policymaking body of the U.S. Federal Reserve meets starting Wednesday.

Baked Alaska: Unusual Heat Wave Hits 49th State

We ask that the following Community Standards be followed:

Comments must not be profane or vulgar.

Comments must not use hate speech, racial slurs, or violent descriptions.

We encourage varying views to be shared. We do ask commenters to not personally attack other readers, groups, people featured in our stories, or other posters for disagreeing with their views.

Comments must not contain negative, comparative debates between community standards of cities or towns.

Comments must contribute to the discussion, flaming and/or trolling will not be tolerated.

Comments must be truthful and not intentionally falsified. Providing a source link is encouraged.

If you find that a comment violates the above rules, please use the flagging option located to the right of the comment to notify the moderators.
For a complete list of guidelines, please follow this link:
http://www.kbtx.com/home/misc/Online-Commenting-Policy-181579421.html

US Futures Dip on Weak Data From China

AP Video