Chinese inflation spikes to 3.2%.

Chinese inflation jumped to 3.2% on year in February from 2% previously, with the spike the result of the Lunar New Year. The data comes as other indicators slow down, including industrial production, retail sales and electricity output, which is often looked at because of the "quality concerns" of other metrics. The figures have helped send U.S. stock futures lower, as well as bourses in Europe and Asia.