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Stock Futures Lower After China, Japan Data Disappoints [VIDEO]

U.S. stock index futures dipped on Monday, indicating the S&P 500 may retreat from its latest record high, as soft data in China and Japan kindled global growth concerns. Economic data showed China’s exports rose at a slower than expected pace and imports dropped 6.7 percent in November, while Japan’s economy shrank more than expected in the third quarter. The data put a damper on recent enthusiasm over the U.S. economy, after a strong payrolls report on Friday sent the S&P 500 to its 49th record close of the year.

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