Markets Fall on Poor Chinese Exports, Iron Ore Nosedives




TheStreet TV show

Summary: Markets close lower after poor export data from China, the world's second largest economy, reignites fears around its growth slowdown. The iron ore price nosedived to its lowest level in around 18 months in response, with commodity-based and mining stocks among the worst performers. A missing Malaysian Airlines flight has raised the prospect of terrorism, unsettling sentiment, while Russia continues to threaten cutting gas supplies to the Ukraine.