Stock Futures Fall as China’s Economy Slows

U.S. stock futures and commodity prices fell as slowing growth in China raised concerns about the global economy and demand in the world’s biggest consumer of raw materials.

Data on factory output, investment, consumer spending and real estate, among other indicators, showed China’s economy stumbled in July, prompting the central bank to cut interest rates. The slowdown adds to pressure on the world economy stemming from the war in Ukraine, high energy prices in Europe, financial strains on several emerging-market economies and rising interest rates in the U.S.

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