Stocks bottomed out at session lows as weak trade data reignited worries over growth in China’s economy. Exports in September fell at a pace three times what analysts had forecast. Crude oil prices slumped after a weekly read on U.S. inventories showed the first increase in six weeks. Analysts expected an increase a fraction of the size. Mounting domestic supply has been just one of the concerns keeping commodity traders at bay. Railroad operator CSX was active after weathering a quarter in which a sharp slump in coal shipment volumes weighed on revenue. The freight company anticipates a 25%
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source
