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Wall Street Futures Slide, Dollar Holds Gains, as Global Markets Extend Retreat

Martin Baccardax

Global stocks retreat for a third session amid concerns over world economic growth and news that U.S. China trade talks may not reach a consensus before their March 2 deadline. President Donald Trump tells reporters he won't be meeting with China leader Xi Jinping this month, casting doubt on trade talk progress ahead of key meetings next week in Beijing. Oil prices slide amid reports that Saudi Arabia cut its January production by 400,000 barrels per day as OPEC's biggest member paced the cartel's latest output cuts.