U.S. Trade Deficit Widened Slightly in November as Exports and Imports Slowed
- U.S. trade deficit in goods widened 0.8% to $90.3B in November
- Exports of goods dropped 3.6% to $165.1B; imports fell 2.1% to $255.4B
- Slowing exports and imports expected due to slow global growth
- Trade expected to be a drag on Q4 GDP
- Stocks set to open flat; 10-year Treasury yield rose slightly