Stocks look to start February as they ended January, with the major index futures all down about 0.25%. A slip in China's PMI to a six-month low makes a nice excuse for the headline writers.
Europe's off just less than 1%, and a 2% decline in the Nikkei led Asia lower overnight.
The decline aren't yet leading to further falls in Treasury yields, with the 10-year up 2 basis points to 2.67%. Gold is higher by 0.5% to $1,246 per ounce.
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