Dow down 450 points early Tuesday as China data dampen investor mood
U.S. stocks were sharply lower Tuesday morning, resuming a pullback as investors shunned assets viewed as risky following weak China international trade data for July.
What’s driving markets A risk-off tone swept global markets after weak China trade data heightened concerns about a slowing global economy. Assets sensitive to China demand were hit, with industrial commodities like crude oil CL.1, -0.76% and copper HG00, -1.85% lower. Shares in London-listed miners were under pressure.
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