European stock markets rise as German producer prices drop, China's rate cut disappoints, and the UK housing market slumps; oil prices rebound on tight supplies and expectations of lower output.
Global stocks rise as traders anticipate the Federal Reserve's summer conference for indications on inflation control and interest rate hikes.
Global stocks rise as traders anticipate the Federal Reserve's summer conference for indications on inflation control and interest rate hikes.
China's economic slowdown is causing alarm worldwide, with countries experiencing a slump in trade, falling commodity prices, and a decrease in Chinese demand for goods and services, while global investors are pulling billions of dollars from China's stock markets and cutting their targets for Chinese equities.
U.S. stocks slipped as worrying data out of China and a spike in oil prices following the extension of Saudi Arabian production cuts weighed on the market. The Dow Jones Industrial Average fell 0.6%, while the S&P 500 lost 0.4% and the Nasdaq dipped 0.1%.
World shares slipped as China reported a fourth straight month of falling exports, adding to concerns about its slowing economy and raising questions about how long consumer spending can support stocks.
China's property shares are declining and tech shares are underperforming, leading to a slide in the Asian market, while the European market waits for monetary policy decisions from the ECB and the Bank of England.
Global shares rise as risk appetite increases, the yen jumps against the dollar, and signs of stabilization in the Chinese economy push up copper and oil prices.
Global markets ended higher as energy stocks climbed supported by Saudi Arabia and Russia's decision to extend supply cuts, while Wall Street's key indexes saw weekly declines due to investor concerns over interest rates and anticipation of upcoming U.S. inflation data. In Asian markets, Japan's Nikkei 225 ended down, Australia's S&P/ASX 200 was up, and Chinese shares rose following improved data on consumer price inflation. The Eurozone's economic growth outlook has been downgraded by the European Commission, and crude oil prices fell.
Chinese stocks experienced the largest monthly outflow in a year, with foreign investors withdrawing $15.5 billion from emerging market portfolios in August, driven by concerns over China's economic growth.
Global stocks eased as a drop in U.S. homebuilding highlighted the challenges the Federal Reserve faces in managing inflation, while oil prices rose and investors await rate decisions from major central banks.
Asia-Pacific markets are expected to continue declining as investors wait for China's loan prime rates and the U.S. Federal Reserve's rate decision, while oil prices rise due to supply concerns and all 11 sectors in the S&P 500 trade down.
World stocks fell for a fifth straight session and the dollar reached its highest level since March as Treasury yields rose, signaling concerns over higher interest rates and slower economic growth.
U.S. stocks are set for hefty weekly drops following the Federal Reserve's hawkish stance, while the Bank of Japan maintains its accommodative monetary policy, causing the yen to fall; Microsoft's acquisition of Activision Blizzard could receive U.K. approval; an expansion of the UAW strike is imminent; and oil prices rebound after Russia's export ban.