Day Traders Diary

5/15/19

U.S. stock index futures trading lower following the release of weak economic data out of the U.S. China also showed industrial production slowing to 5.4% in April, notching the slowest pace of growth since May 2003. However, the Chinese Amazon, Alibaba is trading higher following strong retail earnings from the Chinese economy. The trade tensions between China and the U.S. may keep a cap on gains in the short term as the two countries try to work toward a deal.