us stock futures were mildly mixed monday after some disappointing news on china’s economy damped risk appetite across global markets on friday the dow jones industrial average djia rose 114 points or 033 to 34509 the sp 500 spx declined 5 points or 01 to 4505 and the nasdaq composite comp dropped 25 points or 018 to 14114 wall street was in line for a timid start to the week with stocks holding just shy of 15month highs as disappointing news from china delivered a cautious tone across global markets data showed the world’s second biggest economy grew by only 08 in the second quarter against the previous three months slowing sharply from a 22 rise in the first quarter growth was 63 yearonyear against forecasts of 73 traders now had to figure whether to place a positive spin on the news because it may mean more stimulus from beijing “in one hand weak growth means that the government and the people’s bank of china pboc will step up efforts to further ease the financial conditions and pave the way for a quicker recovery” said ipek ozkardeskaya senior analyst at swissquote bank “on the other hand supportive policies put in place so far have had little impact the chinese property downturn risk of disinflation and falling exports have been difficult to reverse as a result the kneejerk reaction in markets was unenthusiastic” she added the risk off mood could be seen in industrial commodities sensitive to perceptions of chinese demand with oil cl1 and copper hg00 prices lower meanwhile the us second quarter earnings season faces a somewhat quieter session monday after friday’s big bank kick off first bank fbk and home bank hbcp are among those delivering their results the next few days are nevertheless stuffed with potential market catalysts analysts noted “further reports this week will come at a brisk pace with updates from the likes of tesla tsla  morgan stanley ms  goldman sachs gs  netflix nflx and bank of america bac  on the economic calendar us retail sales will provide more color as to the behavior of the vitally important consumer” said richard hunter head of markets at interactive investor but the slight decline at the end of last week has done little to dent the strong performance this year with the sp 500 up 17 and the nasdaq composite rising 35 us economic updates set for release include the empire state manufacturing survey for july due at 830 am eastern