Data showed that consumer inflation accelerated in the previous month, spooking investors and creating fears that China will have to go through another rate hike cycle. Copper futures fell 0.73 percent to $368.20 per pound as investors worried that China will not grow as fast as expected, hampered by strong inflation. Brands (NYSE: YUM ) shares fell 1.13 percent pre-market as the company released a formal apology for mistakes made in China and also as Chinese inflation spooked investors.