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WORLD HEADLINES - China’s sinking stock market reached an unwelcome milestone, with the Shanghai Composite Index closing at the lowest level since 2014, erasing the last traces of its recovery from a boom that turned into a $5 trillion bust.
STOCKS - Futures on the S&P 500, Dow and Nasdaq all pointed to a slight dip at the open while shares in Hong Kong and China led declines in Asia on news that President Donald Trump instructed aides to proceed with tariffs on about $200 billion more in Chinese products.
BONDS - The yield on 10-year Treasuries fell less than one basis point to 2.99 percent.
COMMODITIES - Industrial metals started the week with more losses on concern that the escalating U.S.-China trade war will hurt prospects for demand in the biggest users. Copper, nickel and zinc dropped at least 1.3 percent in London.
CURRENCIES - The dollar slipped after Friday’s gains and emerging-market currencies declined.
ECONOMIC DATA - US Empire State Manufacturing Index due at 8:30 ET.
COMMODITY FUTURES, OPTIONS, AND FOREX TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.