Wall Street set to fall at open on global growth fears

U.S. stocks were set to drop sharply at the open on Friday as weak economic data from China and Europe exacerbated global growth fears and added to nerves over the U.S.-China trade talks. Equity futures fell about 0.8 percent after data showed weak monthly retail sales growth and industrial output in China, with sluggish Euro zone business expansion piling on more pressure. Investors also shrugged off news that Beijing would suspend additional tariffs on U.S.-made vehicles and auto parts. Reuters