Growth Jitters Trip Stumbling Stocks and Bonds

A man watches stock quotations on an electronic board outside a brokerage, in Tokyo, Japan, on March 20, 2023. Androniki Christodoulou/Reuters

LONDON—The Wall Street open was set to mirror global stock declines on Wednesday after faltering growth in China and Europe heightened concerns about broader economic momentum, as investors weighed up the outlook for Federal Reserve interest rates.

S&P and Nasdaq futures traded 0.2 percent and 0.3 percent down, while MSCI’s broadest gauge of world stocks had slipped 0.1 percent by 1045 GMT.