Photo: Flickr / lakewentworth
Markets are red.It started in Asia, where the Shanghai composite lost another 1.4%, adding do its position as a major laggard again this year. Hong Kong also fell 1.1%.
In Europe, Italy is of 0.33% in the early going.
France and Germany are both down about 0.5%.
US futures are off modestly, with the indices losing about 0.2%.
Yield on the US 10-year is pulling back a bit, and it now stands at 2.34%.
Gold is declining.
As for news, things are rather quiet. This warning from BHP Billiton about iron ore demand in China flattening may be contributing to the consternation.
Business Insider Emails & Alerts
Site highlights each day to your inbox.