A weak PMI report out of China looks to have set off a bit of a worldwide selloff, and Dow and S&P 500 futures are off 0.4%. Nasdaq 100 futures are down just 0.1%, boosted by big gains in Netflix and eBay post-earnings.
Europe's off about 0.3% and Hong Kong led declines in Asia overnight, -1.5%.
Money is flowing into fixed income - the 10-year Treasury yield off 3 basis points to 2.84% - and precious metals, gold +0.8%.
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