US STOCKS-Wall St lower as weak China data spooks investors

Reuters (02/20/2017)
  • U.S. equity markets are lower this morning following China’s weak February trade data released overnight.
  • Despite a sharp rally in crude over the past few weeks, Goldman analysts believe that oversupply in the market will keep prices down; WTI crude oil is down by about 2% this morning.
  • Most analysts expect the ECB to announce further stimulus at its meeting this Thursday (March 10th).