US STOCKS-Wall St set for muted open a day after sharp selloff
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By Abhiram Nandakumar
Jan 5 (Reuters) - U.S. stocks futures recouped most of their losses on Tuesday as investors recover from a bruising selloff on the first trading day of the year.
Stock markets plunged on Monday after weak Chinese economic data rekindled fears of a global slowdown. That prompted a near-$20 billion injection by the People's Bank of China to stabilize its markets.
Chinese stocks closed mixed on Tuesday after falling 7 percent on Monday.
Global stocks were down on Tuesday but off the lows they hit in the previous session as markets looked to stabilize.
"I think everybody's finally getting settled back in and they're trying to assess really how global growth is going to impact their investments for the rest of the year," Kevin Kelly, CIO of Recon Capital Partners. Continuación...