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News Highlights: Top Global Markets News of the Day

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09/02/2019 | 03:16am EST
U.S. Goes Ahead With New Tariffs on Chinese Products 

Tariffs on clothing and other imports from China went into effect, escalating the trade war in a move expected to squarely hit consumers.

Economy Week Ahead: Manufacturing, Trade and August Jobs Report 

In the week ahead, the U.S. will release fresh data on manufacturing, international trade and the employment picture.

China Factory Activity Rebounds to 5-Month High in August 

A private gauge of China's factory activity rebounded to a five-month high in August on improved production, but the outlook remained overshadowed by shrinking foreign demand amid the intensifying U.S.-China trade fight.

China Vows to Rev Up Efforts to Counter Economic Slowdown 

China's top financial regulator said over the weekend it will step up countercyclical measures to fight the current economic slowdown and headwinds from the trade war.

India's Manufacturing PMI Dipped to 15-Month Low in August 

India's manufacturing activity eased in August with the purchasing managers index hitting a 15-month low, in the latest sign of ongoing weakness in the economy.

Argentine Government Imposes Capital Controls 

Argentina's government made its latest bid to prevent a depletion of foreign-currency reserves amid a crisis of confidence that has fueled dollar outflows and financial-market turbulence.

Germany's Small Steps Into Stimulus Are Unlikely to Meet Economists' Hopes 

Economists and international organizations have urged Berlin for months to spend more to fight a looming recession, but while officials say the government is preparing measures to support demand, they are likely to fall well short of the big stimulus the world is hoping for.

Markets Show Resilience in Topsy-Turvy August 

Stocks capped off a volatile August down only slightly for the month and near recent records, the latest example of the bull market's stability despite global threats.

U.S. Consumer Sentiment Declined at End of August 

U.S. household sentiment fell in August from the earlier month amid concerns over a trade war.

Johnson & Johnson, J.M. Smucker, Best Buy: Stocks That Defined The Week 

Here are seven stocks whose moves were shaped by the week in business news.

Stocks mentioned in the article
ChangeLast1st jan.
BEST BUY CO., INC 1.97% 77.09 Delayed Quote.42.75%
EURO / ARGENTINE PESO (EUR/ARS) -0.16% 65.742 Delayed Quote.52.13%
JOHNSON & JOHNSON 3.04% 134.94 Delayed Quote.1.48%
THE JM SMUCKER COMPANY 0.49% 105 Delayed Quote.12.31%
US DOLLAR / ARGENTINE PESO (USD/ARS) 0.12% 59.487 Delayed Quote.58.43%
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