- Asian shares and U.S. stock futures started the week on the back foot after a shock contraction in Chinese exports, which fell 4.4% from a year earlier.
- Imports also unexpectedly contracted, falling 7.6%, pointing to deepening cracks in the world's second-biggest economy amid a bitter trade war with Washington.
- Adding to the worries, China said its trade surplus with the U.S. was up 17% to $323B in 2018 - the highest it's ever recorded.
- Asia: Shanghai -0.7%; Hang Seng -1.5%.
- U.S. futures: Dow and S&P 500 -0.9%; Nasdaq -1.1%.
- ETFs: SPY, QQQ, DIA, SH, SSO, VOO, SDS, IVV, SPXU, TQQQ, UPRO, PSQ, SPXL, RSP, SPXS, SQQQ, QID, DOG, QLD, DXD, UDOW, SDOW, VFINX, EPS, DDM, QQEW, QQQE, SPLX, OTC:SFLA, QQXT, SPUU, SPXE, UDPIX, OTPIX, RYARX, SPXN, SPDN, SPXT, SPXV, FXI, KWEB, ASHR, YINN, CAF, EWH, CQQQ, YANG, MCHI, GXC, CYB, FXP, PGJ, CN, KBA, TAO, CHIQ, HAO-OLD, CHIX, TDF, QQQC-OLD, CNY, PEK, CHN, CWEB, CXSE, CHAU, XPP, CNXT, ASHS, AFTY, CHAD, FCA, YAO, YXI, FXCH, ECNS, CHIM, CHII, CHIE, KFYP, EWHS, FCHI, OBOR, ASHX, CNYA, FHK, HAHA, XINA, CNHX, KGRN, CHIH, CHIK, CHIL, CHIR, CHIS, CHIU, FLCH, FLHK, WCHN
- Now read: Here's Why You Should Focus On Growth - Nothing Else
Original article