US pre-open: US stocks seen retreating on weak global economic data

US stocks are seen heading lower at open today on weak global economic data, says Kam Patel.

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US stocks are likely to slip in early trading

US stocks are seen heading lower at open today on weak global economic data. There is also growing concern Washington is heading for another budget impasse that could lead to another government shutdown.

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Kam Patel

Kam is a former deputy editor at Hemscott Invest and online editor, City A.M and he was also previously the Digital Editor at IFA Magazine. Kam is currently a senior journalist at The Global Treasurer and contributes to MoneyWeek. Kam shares expertise on the FTSE 100, investing and global stocks.