US STOCKS-Wall St set for lower open on nagging growth fears

miércoles 6 de julio de 2016 09:01 GYT
 

* U.S. trade deficit rises to $41.1 bln vs est $40 bln

* Oil prices fall; U.S. Treasury yields touch record low

* Bank stocks fall

* Futures down: Dow 110 pts, S&P 13.5 pts, Nasdaq 31.5 pts (Adds details, comments, updates prices)

By Yashaswini Swamynathan

July 6 (Reuters) - Wall Street looked set to open lower on Wednesday as Brexit-related fears seeped back into the markets amid signs of a global economic slowdown.

As wary investors looked for shelter, gold rallied to a two-year high. The benchmark 10-year U.S. Treasury yield US10-YT=RR touched a fresh record low.

Major Asian and European indexes were trading lower. The British pound was at a 31-year low, while China allowed the value of the yuan to touch a 5-1/2 year low.

"Today's decline is not a surprise as investors have had a chance to take a step back and look at things and go, 'Well maybe it's not all that good'," said Paul Nolte, portfolio manager at Kingsview Asset Management.   Continuación...