US STOCKS-Wall St to open lower on China data, Greek worry
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By Chuck Mikolajczak
NEW YORK, Feb 9 (Reuters) - U.S. stocks were poised for a lower open on Monday, on the heels of disappointing economic data out of China and signs of rising tensions surrounding Greek debt negotiations.
Greece's Prime Minister Alexis Tsipras on Sunday ruled out any extension of its international bailout and announced moves to reverse some of the reforms imposed by its lenders. National Bank of Greece U.S.-listed shares dropped 10.7 percent to $1.08.
China's exports fell 3.3 percent from a year ago while imports tumbled 19.9 percent, well short of expectations and raising concerns about the strength of the world's second-largest economy.
"We are seeing heightened nervousness over the Greek elections and the policies that could make or break its EU membership," said Andre Bakhos, managing director at Janlyn Capital LLC in Bernardsville, New Jersey.
"In addition, the Chinese economic data disappointed and added to the economic global weakness we have been seeing." Continuación...