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Early Morning Dip, Can Markets Recover Again?

This morning, the S&P 500 Index e-mini futures (ES-H2) are trading lower by 8.25 points to 1395.75 per contract. The weaker action in the futures market comes as the Chinese market shows more evidence of slowing down. Last night, BHP Billiton Ltd (NYSE:BHP) said that there are signs that iron ore demand in China is flattening. If China actually slows down it is a real problem for global growth. The European markets are also trading lower across the board today. The most important European stock index is the German DAX which is lower by 1.39 percent. ...Cotinue reading here: