Stocks Flat Despite Gains in Europe

Stocks are roughly flat so far this morning despite gains overseas and strong economic trade from China.

S&P 500 futures are posting small gains, while the Nasdaq is up by more than 0.1 percent. European indexes are up by 0.25 percent to 0.5 percent. Most Asian stocks were higher overnight, though Japan’s Nikkei fell almost 2 percent on profit-taking.

China reported that exports rose 25 percent and imports grew 29 percent, both of which exceeded estimates and signaled robust growth in the world’s No. 2 economy. Lending and financing activity were also strong.

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