The dollar hit a near 3-week high against a basket of currencies on
Thursday after data showed U.S. retail sales unexpectedly increased in August, easing some concerns about a
sharp slowdown in ...
Stock Futures Edge Lower, Chinese Indexes Fall. U.S. stock futures crept down following another day of losses in China and Hong Kong, where indexes were hit by fears around an economic slowdown and debt problems with giant property developer Evergrande. Retail Sales Rose 0.7% in August.
* Retail sales unexpectedly rise in August. * Weekly jobless claims slightly above expectations. * Futures down: Dow 0.05%, S&P 0.1%, Nasdaq 0.29% By Ambar Warrick. Sept 16 - Wall Street indexes were set to open flat on Thursday, with economically sensitive sectors likely to gain as retail sales rose more than expected, indicating resilience in economic recovery.
Stock Futures Edge Lower, Chinese Indexes Fall. U.S. stock futures crept down following another day of losses in China and Hong Kong, where indexes were hit by fears around an economic slowdown and debt problems with giant property developer Evergrande. Jobless Claims Likely Remained Near Pandemic Low.
- Wall Street indexes fell on Thursday as losses in heavyweight technology and oil stocks offset cheer over strong retail sales indicating economic resilience. The Dow Jones fell the least among its peers, as economically sensitive sectors such as financials and transport stocks were boosted by data showing retail sales unexpectedly rose in August.
- Wall Street indexes fell on Thursday as losses in heavyweight technology and oil stocks offset cheer over strong retail sales indicating economic resilience. The Dow Jones fell the least among its peers, as economically sensitive sectors such as financials and transport stocks were boosted by data showing retail sales unexpectedly rose in August.
European markets rose as investors stayed positive despite downbeat trading in Asia, where indexes were hit by gathering fears around an economic slowdown and debt problems with giant property developer China Evergrande Group. Growth across a range of Chinese economic indicators pulled back sharply in August, as a new outbreak of the Covid-19 Delta variant and tighter government regulations on the property market hit consumer spending and the housing sector.
Retail Sales for August; U.S. Weekly Jobless Claims; Canada Housing Starts for August. Stock futures shrugged off another day of losses in China and Hong Kong Thursday, where indexes were hit by gathering fears around an economic slowdown and debt problems with giant property developer China Evergrande Group.
* MSCI World Shares fall, Stoxx 600 up 0.6% * U.S. retail sales and jobs data due. European shares opened higher on Thursday, though market participants were still cautious after Asian equities fell for a fourth consecutive day, and as focus turns to key U.S. data due later in the session.
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