U.S. stock futures indicated losses for Wall Street on Tuesday, as fresh concerns over the state of the global economy and grade were set to greet investors returning from the long holiday weekend.
Earnings will also swing into focus, with a busy week ahead.
Dow Jones Industrial Average futures fell 193 points, or 0.8%, to 24,495, while S&P 500 futures dropped 20.85 points, or 0.8%, to 2,650.50. Nasdaq-100 futures fell 68.25 points, or 1%, to 6,725.
After the country posted the slowest annual pace of annual growth - 6.6% - since 1990, President Xi Jinping reportedly convened a meeting of high-level Communist Party officials, urging them to be alert over “black swan” and “grey rhino” financial events in face of an economic slowdown. Trade tensions are partly to blame for the weak data.