Stocks decline as yields, dollar rise amid global demand worries

Canada News News

Stocks decline as yields, dollar rise amid global demand worries
Canada Latest News,Canada Headlines
  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 78%

Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.

NEW YORK, Sept 5 - World stock indexes eased and the U.S. dollar rose on Tuesday as economic data in China and Europe fueled worries about slowing global growth.

A private-sector survey showed on Tuesday that China's services activity expanded at the slowest pace in eight months in August as weak demand continued to dog the world's second-largest economy. "Worries are on the rise about a China and Europe-led slowdown in global growth. As a result the dollar is catching a solid safe haven bid," said Joe Manimbo, senior market analyst at Convera, in Washington.

The pan-European STOXX 600 index lost 0.23% and MSCI's gauge of stocks across the globe shed 0.40%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

KitcoNewsNOW /  🏆 13. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Euro zone August downturn deeper than was thoughtEuro zone August downturn deeper than was thoughtKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Read more »

Sterling drops to 12-week low as business activity contractsSterling drops to 12-week low as business activity contractsKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Read more »

Rising demand for Fed bank lending program not a sign of stressRising demand for Fed bank lending program not a sign of stressKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Read more »

Euro zone producer prices drop for seventh month in JulyEuro zone producer prices drop for seventh month in JulyKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Read more »

European stocks slide to one-week lows after weak China, euro zone dataEuropean stocks slide to one-week lows after weak China, euro zone dataKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Read more »

Weak global activity data sends dollar higher, Aussie skidsWeak global activity data sends dollar higher, Aussie skidsKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Read more »



Render Time: 2025-02-25 21:54:01