Global stock markets and Wall Street futures declined Tuesday after Chinese exports fell ahead of this week's U.S. inflation update, which might influence Federal Reserve plans for possible interest rate hikes.
London, Shanghai, Paris and Hong Kong retreated. Tokyo advanced. Oil prices lost more than $1 per barrel.
On Wall Street, the S&P 500 future was off 0.3%, and that for the Dow Jones Industrial Average was down 0.2%.In Asia, the Shanghai Composite Index lost 0.2% to 3,260.61 after Chinese exports fell 14.5% from a year earlier in July, adding to pressure on Beijing to reverse an economic slump. The Hang Seng in Hong Kong sank 1.8% to 19,184.17.
India's Sensex opened up 0.1% at 65,872.98. New Zealand, Bangkok and Jakarta retreated while Singapore rose.
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