U.S. Stocks, Dollar Fall After Chinese Trade Data: Markets Wrap

  • Japanese yen and pound advance; Treasuries little changed
  • West Texas crude declines; emerging-market currencies drop
Coutts CIO Alan Higgins says buy the dips and sees a low probability of a U.S. recession.(Source: Bloomberg)
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U.S. stocks declined as weak Chinese trade data fueled concerns about slowing global growth. Treasuries were little changed and the dollar dropped.