US stock exchanges decline on risk aversion after the release of Chinese macroeconomic statistics.

Major US stock indexes are falling on Monday following other global stock markets under the influence of macroeconomic statistics from China, which did not meet expectations.

The Dow Jones Industrial Average (DJIA) decreased by 0.49%, to 35343 points, the NASDAQ high-tech index – by 0.4%, to 14764.1 points, the S&P 500 broad market index – by 0.43 %, up to 4448.57 points.

In July, industrial production in China grew weaker than expected – by 6.4% YoY instead of 7.8%, and retail sales increased by only 8.5%, although analysts had expected an increase of 11.5%. As a result, Asian stock indices have shown mainly decline, European exchanges are also now falling.

Economic data from China has spoiled the mood, and weaker retail sales and industrial production have raised questions about whether it is possible to maintain the momentum of the recovery (economy – ed.)
quotes the Agence France Presse opinion of the analyst of Interactive Investor Richard Hunter.

A portion of Makro is to be released tomorrow directly in the USA. Be removed Industrial production and retail sales data for July will. Analysts expect the growth of the industrial output in monthly terms by 0.5% and a decrease in retail sales by 0.2%.