- Stock futures point to a slightly weaker open to start the new year, as weakness in overseas markets puts investors in a cautious mood.
- Asian and European markets are lower after Chinese export orders dropped for the first time since August, stoking fears of slower growth in China; meanwhile, European manufacturing data was a mixed bag.
- Stocks remained lower after the U.S. reported jobless claims slipped by 2K last week to a seasonally adjusted 339K.
- Treasurys are at their lows, with the 10-year yield up 4 bps at 3.02%.
- Still ahead: ISM manufacturing, construction spending.
Stock futures pull back on China weakness
Jan 2 2014, 09:20 ET