Tech Stocks Pull Wall Street Lower After China Data

Tech Stocks Pull Wall Street Lower After China Data
The Wall Street bull is seen in the financial district in New York. Mar.7, 2017. REUTERS/Brendan McDermid
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Technology shares pulled Wall Street lower on Jan. 14, after an unexpected drop in China’s exports in December reignited worries of a slowdown in global economic growth.

The China trade data reinforced concerns that U.S. tariffs on Chinese goods were taking a toll on the world’s second-largest economy, prompting companies such as Apple Inc. to issue profit warning.