By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks were trading lower heading towards midday on Monday after China’s finance minister indicated the country will not increase stimulus measures and U.S. housing data fell short of expectations. Recent data in China has been weak, leading many analysts to lower their growth forecasts and hope for more aggressive accommodations from the government. In remarks on Sunday, Finance Minister Lou Jiwei said China wouldn’t dramatically alter its economic policy because of any one economic indicator. …
Source: https://in.news.yahoo.com/wall-street-dips-open-china-policy-comments-134017082–finance.html