Wall Street ends its busy post-summer session in the red

Join now for FREE unlimited access to Reuters.com Register ISM service sector data beats estimates Bed Bath & Beyond shares sink after death of CFO Wall St emerges from three straight weeks of decline Dow down 0.55%, S&P 500 down 0.41%, Nasdaq down 0.74% NEW YORK, Sept 6 (Reuters) – Wall Street’s major indexes closed … Read more

Eurozone slide into recession puts euro at 20-year low

PMI data bolsters European recession expectations Dollar leads after euro hits 20-year low, sterling slips Investors ask how hawkish the Fed will be in Jackson Hole Oil rebounds as Saudis talk production cuts US PMI expected just after Wall Street opens LONDON, Aug 23 (Reuters) – The contraction of the euro zone economy for a … Read more

China’s factory inflation hits 17-month low, consumer prices accelerate

A worker walks past rolls of steel at the Chongqing Iron and Steel Factory in Changshou, Chongqing, China August 6, 2018. REUTERS/Damir Sagolj/File Photo Join now for FREE unlimited access to Reuters.com Register July producer inflation at lowest since February 2021 July consumer inflation at a 2-year high PBOC should remain dovish to boost growth … Read more

Chinese factory activity unexpectedly contracts in July as COVID flares up

Employees work on the vehicle component production line during a government-organized media tour at a factory of German engineering group Voith, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China July 21, 2022. REUTERS/Aly Song Join now for FREE unlimited access to Reuters.com Register China July official manufacturing PMI lower than expected July official services … Read more