I think some of this was known today and had its effect. The funny thing is, when it gets really bad the market likes it again because they expect greater stimulus. I think these numbers are before their recent stimulus measures so the next numbers should be better.

Look at the headline right beside this one:

Asia Stocks, U.S. Futures Gain on China GDP Data; Oil Pares Loss

Asian stocks rose, snapping a six- day losing streak, U.S. equity futures gained and oil trimmed losses after China’s economy slowed for a sixth quarter, putting pressure on Premier Wen Jiabao to boost stimulus.