Stocks declined after weak data from China kindled worries about a global economic slowdown and oil surrendered gains. Risk aversion pushed Treasuries and the yen higher. Gold turned lower on profit-taking.
China Feb exports post worst fall since May 2009 China’s February trade performance was far worse than economists had expected, with exports tumbling the most in over six years, days after top leaders sought to reassure investors that the outlook for the world’s second-largest economy remains solid.
