Schaeffer's Top Stock Picks for '25

Overseas Trading: Stocks Falter on Chinese Trade Data

A steep drop in Chinese imports last month kept crude futures under pressure

Oct 13, 2015 at 8:29 AM
facebook X logo linkedin


Stocks in Tokyo slipped after a three-day weekend, with oil stocks pacing the decline amid a downturn in crude prices. Meanwhile, Shanghai-listed equities eked out a positive finish, despite a steeper-than-forecast 20.4% drop in imports last month. Concerns over weaker mainland demand were offset by strength in airlines, which capitalized on black gold's weakness, along with an auto rally following an upbeat 2015 sales forecast from the China Association of Automobile Manufacturers. By the close, Japan's Nikkei fell 1.1%, Hong Kong's Hang Seng gave up 0.6%, South Korea's Kospi lost 0.1%, and China's Shanghai Composite climbed 0.2%.

European markets are broadly lower at midday, pressured by China's uninspiring trade data. Closer to home, traders are also eyeing a sharp plunge in Germany's ZEW economic sentiment index, which tumbled to a weaker-than-expected 1.9 in October, as well as a negative reading on U.K. inflation. At last check, the French CAC 40 is down 1.5%, Germany's DAX is 1.3% lower, and London's FTSE 100 has shed nearly 1%.


Overseas markets 1013

 
 

Which of These SUB-$5 Stocks Could 26x From Here? (AD)

He called a rare 11x on Tesla…

Then he called a 26x on Workhorse…

Then an even rarer 35x on Nio Inc…

Now Tim Bohen says these 5 tiny “America First” stocks are next up in 2025.

They’re trading for less than $5 right now.

But thanks to Elon & Trump’s new alliance…

They could be off to the races in Trump’s first 100 days.

And right now for a limited time…

You can get the names & tickers for just $1 here. (AD)

10 Stock Picks FREE
 
 

Featured Articles from Trusted Partners:

🚀 One Stock Pick Could Change Everything in 2025
What if one stock pick could define your success next year? Get 10 expert-vetted stocks set for 2025—plus 5 bonus picks to watch now. Get the Report →

🆕 New Options Need New Trading Strategies
Zero-DTE options are the newest (and hottest) options to trade.  Professional traders have rushed into the market and are making a mint.  Don’t get left behind - learn all about these options, how to trade them, market setups to profit from, plus much more. Download now →

👀 Revealed: 3 Defensive Stocks for Your Portfolio
Worried about the market? This free report reveals 3 under-the-radar defensive stocks for uncertain times in any kind of economy.

 

 
 

FREE Report Download

 

Follow us on X, Follow us on Twitter