U.S. stock index futures pointed
to a weaker open on Monday, with investors monitoring the continued
civil unrest in Hong Kong for any potential impact on Chinese growth.
The
decline indicated by futures suggested that Wall Street's recent
weakness would continue despite a solid rally in Friday's session. Last
week, major indexes suffered their biggest weekly loss in the past
eight.
China faced one of
its biggest political challenges since the Tiananmen Square massacre as
hundreds of democracy protesters faced down tear gas and police baton
charges.
Though the
economic fallout from the unrest was uncertain, Chinese growth has been a
major driver of global share gains in recent years, although recent
data has pointed to slowing conditions. An extended period of unrest
could raise further questions about the economy's prospects.
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