Wall Street to open lower

New York - US stocks were poised to fall at the open, putting the S&P 500 on track for a third straight decline, as concerns grew over the strength of China's economy.

The US bourse is set to open higher as European leaders get ready to meet. Credit: REUTERS

Recent China data has suggested signs of economic slowing, while the country's first-ever bond default last week has increased concerns financing deals that use the industrial metal as collateral could unravel.

Dow Jones industrial average futures lost 46 points and Nasdaq 100 futures declined 13.25 points.