Global Markets Slide on Earnings and China Growth Concerns.

US equity futures and European stocks fell as investors analyzed corporate earnings for insight into the global economy amid high interest rates and inflation. The S&P 500 and Nasdaq 100 futures traded about 0.5% lower, with First Republic Bank plunging more than 20% in premarket trading after results late Monday shook investor confidence. The Bloomberg dollar gauge erased an earlier decline, and Treasuries extended gains after 10-year yields slid eight basis points Monday, the biggest one-day decline since March.