U.S. stocks lower after downbeat global economy news, U.S. factory order plunge

U.S. stocks are trading lower Tuesday morning, as investors weigh dour international economic news and more oil supply cuts, along with the first drop for U.S. factory orders in months.

A Caixin survey showed China’s service sector expanded in August at its slowest pace in eight months, providing further evidence that the country’s post-pandemic recovery is faltering. “Sentiment has turned downbeat again on China as fresh brushstrokes are painted on the picture of its slowing economy,” said Susannah Streeter, head of money and markets, Hargreaves Lansdown.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day.
Sumber: NBCNewYork - 🏆 270. / 63 Baca lebih lajut »

Jim Cramer's top 10 things to watch in the stock market TuesdayArm Holdings' initial public offering pricing is expected in a range of $47 to $51 per share.
Sumber: CNBC - 🏆 12. / 72 Baca lebih lajut »