U.S. stocks inch lower on China's data

Wall Street shared edged lower earlier on Monday trading session as the benchmark stock index Standard & Poor's 500 recorded its historical high last week after a government data showed that exports in China declined surprisingly last month. The S&P 500 Index futures fell as much as 2.5%, the Dow Jones industrial average dropped 21 points and the Nasdaq Composite Index lost 0.75 point.