US pre-open: New York set for plunge on China data and oil price falls

US stocks look set to pullback hard at open on disappointment over the latest Chinese industrial production data and a further slump in oil prices.

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The falling oil price will hurt US stocks

USstocks look set to pullback hard at open on disappointment over the latest Chinese industrial production data and a further slump in oil prices.

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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.