08-03-2016 18:48 via rocketnews.com

Wall Street dips as oil falls, China data disappoints

By Abhiram Nandakumar(Reuters) – Wall Street was lower on Tuesday as oil prices slipped and weak Chinese data rekindled fears of a global economic slowdown led by the world’s second-biggest economy.
China’s February trade performance was far worse than economists had expected, with exports tumbling the most in over six years. The report weighed on markets worldwide.
U.S. crude fell nearly 3 percent, while Brent was off more than 2 percent, as major oil producers sparred over a
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