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Dow slides nearly 300 points after weak China data damps sentiment

Por: MarketWatch Business August 08, 2023

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How are stock-index futures trading The Dow rose 408 points, or 1.2%, on Monday, while the S&P 500 gained 0.9% and the Nasdaq advanced 0.6%.What’s driving markets A risk-off tone swept global markets after heightened concerns about a slowing global economy. China’s exports fell 14.5% for the year to July, the biggest decline since the outbreak of the COVID-19 pandemic in February 2020, while imports slid 12.4%, worse than forecast. The news... + full article



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