US stock futures nudge lower as weak Chinese trade report outweighs earnings optimism

July 10, 2013 at 11:55AM

NEW YORK — U.S. 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 U.S. 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.

about the writer

about the writer

More from Business

See More
Hennepin Healthcare Clinic and Specialty Center,l 8th Street between Park Av and Chicago Av.
The Minnesota Star Tribune

Minneapolis-based Hennepin Healthcare says it also will suspend contributions to some worker retirement plans while pausing $24 million in capital projects.

The newly renovated Parkway Theater is next door to the new restaurant El Burrito Mercado.
card image