While you were sleeping Chinese data hit stocks, gold

Mon, 15 Apr 2013

By Margreet Dietz April 16 (BusinessDesk) - Stocks on both sides of the Atlantic slumped along with commodities, as disappointing data from China, the world's second-largest economy, sparked concern about the pace of global growth. China’s gross domestic product increased 7.7 percent in the first quarter from a year earlier, according to the National Bureau of Statistics in Beijing. That's down from 7.9 percent in the previous quarter and short of the 8 percent expansion economists had predicted. China’s industrial output in March also faile...

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