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.