Stock futures fall on global growth concerns; jobs data awaited

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REUTERS: U.S. stock futures slipped on Friday on global growth worries after Chinese data showed exports tumbled the most in three years, while ...

REUTERS: U.S. stock futures slipped on Friday on global growth worries after Chinese data showed exports tumbled the most in three years, while investors turned their focus to domestic monthly employment report.

Adding to investor nerves was a comment from U.S. ambassador to China that the two sides have yet to set a date for a summit to resolve their trade dispute as neither side feels an agreement is imminent, the Wall Street Journal reported. In the spotlight is the Labor Department's data expected at 8:30 a.m. ET, which is likely to show U.S. job growth slowed to a five-month low in February.At 7:20 a.m. ET, Dow e-minis were down 113 points, or 0.44 percent. S&P 500 e-minis were down 11.75 points, or 0.43 percent and Nasdaq 100 e-minis were down 37.5 points, or 0.53 percent.

 

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