U.S. stocks opened to the downside Monday after the S&P finished at yet another record on Friday. The pressure started overseas with bad economic news from China which reported a Feb. trade deficit of $23B, missing expectations for a surplus of $14.5B. Meanwhile,Japan’s economy expanded by an annualized 0.7% last month, also missing estimates. On today’s economic docket, Fed Presidents Evans and Plosser will be speaking. Finally, McDonald’s is down after reporting lower global same store sales.
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
