U.S. jobless claims were barely changed in the latest week. See: U.S. jobless claims.
In Europe, financial markets were looking ahead to a report on Spanish banks. Details: Spain audit results due at 5:30 p.m. local Madrid time.
Indications: Stock futures shake off earlier losses
U.S. stock futures shook off earlier losses as European stocks also moved higher, with economic data ahead. Futures moved lower earlier on disappointment over the move by the Federal Reserve to just extend its bond-buying program, and weak China data. See: Indications.
Economic Report: China manufacturing weakens further
China’s manufacturing activity deteriorated, according to preliminary data registering a seven-month low, as global problems took a mounting toll on the country’s export-dependent industries.
Economic Report.
Europe Markets: Spain yields drop; Europe slump on Fed, China data
Solid demand for Spanish debt in a closely watched bond auction helped stocks trim losses, while a disappointing announcement from the U.S. Federal Reserve and weak China manufacturing data kept most European markets in narrow range.
Europe Markets.
London Markets: Resources weigh on FTSE 100 after Fed, China data
U.K. stock markets push into red territory, with resource firms and banks leading the charge south.
London Markets.
Asia Markets: Asia stocks mostly lower after China data
Most Asian markets fell, with sentiment hit by further evidence of cooling in Chinese manufacturing activity.
Asia Markets.
Asia Stocks to Watch: Evergrande stock tumbles on fraud accusation
Shares of Chinese property firm Evergrande got hammered, shedding as much as 20% following a negative report by stock-commentary website Citron.
Asia Stocks to Watch.
Currencies: Dollar firmer in wake of Fed and China data
The dollar firmed across the board, in the wake of a Fed decision to extend its current bond-buying program, and after a negative piece of China data weighed on perceived riskier assets. The euro eased ahead of much-awaited Spanish bank audit results.
Currencies
Futures Movers: Oil futures see sharp declines after China data
Oil futures fell sharply, extending losses made the previous day, after weak Chinese data raised further concerns about demand trends, and as the Fed dashed hope for further aggressive policy intervention.
Futures Movers
Metals Stocks: Gold slides further after China data, Fed
Losses for gold futures accelerated in Asian and European trading hours as the U.S. dollar strengthened.
Metals Stocks
