{"id":2023137,"date":"2023-09-06T07:55:01","date_gmt":"2023-09-06T11:55:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/growth-jitters-trip-stumbling-stocks-and-bonds\/"},"modified":"2023-09-06T07:58:20","modified_gmt":"2023-09-06T11:58:20","slug":"growth-jitters-trip-stumbling-stocks-and-bonds","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/growth-jitters-trip-stumbling-stocks-and-bonds\/","title":{"rendered":"Stocks and bonds stumble due to growth concerns."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fgrowth-jitters-trip-stumbling-stocks-and-bonds%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2023137&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><strong>Wall Street\u200c Open Reflects Global Stock Declines Amid Economic Concerns<\/strong><\/p>\n<p>By\u2064 Nell Mackenzie<\/p>\n<p>LONDON (Reuters) &#8211; The Wall Street open was set to mirror global stock declines on Wednesday after \u2064faltering growth \u200bin China \u2063and\u2063 Europe heightened concerns about broader economic momentum, as\u2063 investors weighed up the outlook for Federal Reserve interest rates.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>S&#038;P and Nasdaq futures traded \u20640.2% and \u20640.3% \u2064down, while MSCI\u2019s\u200b broadest gauge of world stocks \u200chad slipped 0.1% by 1045 GMT. \u200c    <\/p>\n<p>European stocks extended losses for a\u200b sixth consecutive session, dragged lower by global economic slowdown fears and \u200bhigher crude\u200d prices. <\/p>\n<p>The \u200cpan-European\u2063 STOXX\u2063 600 \u2064index traded down\u2062 0.7% \u200cafter\u2064 hitting a \u2063week \u200dlow of 0.8%.<\/p>\n<p>German industrial orders fell more than expected in July, the federal statistics office said. Euro zone construction PMIs and retail\u2063 sales data are due\u200b later in\u2063 the day.<\/p>\n<p>In\u200d Asia, the Hang Seng Index \u2062closed down 150 points\u200d and China\u2019s benchmark CSI300 Index fell 0.22%, ahead\u200d of\u2064 expectations \u200dthat China\u2019s exports contracted at \u2063a slower \u2062pace\u200b in August. <\/p>\n<p>Chinese investor sentiment also wavered\u200c after a private-sector survey on Tuesday showed services\u2062 activity expanded \u2064at \u200dthe \u200bslowest pace in eight months\u2063 in August, reflecting weak demand.<\/p>\n<p>\u201cKey risks that\u2063 could undermine equity sentiment \u200din \u2062September include\u200d developments in China\u2019s property market\u200d and potential increases in food and \u200denergy prices,\u201d said Bruno Schneller, a managing director at INVICO Asset Management. <\/p>\n<p>China \u200cis also set to release lending and inflation data in coming days. <\/p>\n<p>Another\u2063 concern, Schneller said, was any \u2064deliberations on further oil production cuts, which could reignite inflationary \u200cconcerns \u2063and dampen \u2064investor confidence.<\/p>\n<p>Brent crude futures surpassed $90 a barrel on Tuesday \u2064after Saudi Arabia and Russia both \u200dsaid they would extend\u2062 supply cuts to the end of 2023. Both Brent and U.S.\u2063 West Texas Intermediate crude futures were about 30 and 40 cents down as of 1058 GMT at $89.65 and\u2062 $86.42, respectively. <\/p>\n<p>Adding to the dour \u200bmood, manufacturing activity in Germany, Britain and the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/stock-rally-fizzles-dollar-retreats-as-u-s-jobs-glow-fade\/\" title=\"Stock rally fizzles, dollar retreats as U.S. jobs glow fade\">euro zone declined<\/a>, while their service\u200d sectors fell \u200cinto contraction territory.<\/p>\n<p>The \u2063results held \u201cmore \u2064evidence \u200bfor\u2064 increasingly weak growth in Europe ahead of the ECB\u2019s decision \u200dnext week, and will only add to the \u2062fears of stagflation,\u201d said Deutsche Bank strategist\u200c Jim Reid \u2063in a note\u2062 on Wednesday.\u2062 <\/p>\n<p>As the U.S. returned from its \u200dLabor Day holiday, traders\u200c have been met with unusually high corporate bond\u2064 issuance of over\u200b $36\u2064 billion\u200b due to hit the \u200bmarket this week, \u200cand $120\u2064 billion of \u200b<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/growth-jitters-trip-stumbling-stocks-and-bonds\/\" title=\"Stocks and bonds stumble due to growth concerns.\">investment grade dollar-denominated issuance expected<\/a> this month, the note also\u2063 said.<\/p>\n<p>\u201cThe pressure on \u2064US Treasury yields then\u2064 comes as investors \u2063hedge \u200bthe interest \u2064rate risk,\u201d said Reid. <\/p>\n<p>U.S. 10-year \u200cTreasury yields fell \u2064by as much \u200cas 2.6 basis\u200d points to a low of 4.242% on Wednesday, having touched a session\u2064 high \u200cof 4.274%, its highest since Aug. 25, \u200cwhile the U.S. dollar rose in\u2062 earlier \u2062trading to a near six-month high against \u2064a basket of \u200dcurrencies.<\/p>\n<p>Investors \u2064are\u2062 digesting recent signals on potential U.S. interest\u200d rate rises. Fed Governor\u2064 Christopher Waller said on Tuesday that\u2063 the latest round of \u200ceconomic data was giving\u200d the U.S. central bank space to \u2062see if it needs to hike again.<\/p>\n<p>The Institute \u2064for Supply\u2063 Management (ISM) releases U.S. services PMI on Wednesday.<\/p>\n<p>Spot gold was largely flat at $1,926.08 per ounce, after posting its\u2062 biggest one-day loss since Aug. 1 on \u2064Tuesday. <\/p>\n<p>  (Reporting \u200bby Nell\u2063 Mackenzie and Kane Wu; Editing by Edmund Klamann, Sam Holmes and Sharon Singleton)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/growth-jitters-trip-stumbling\/attachment\/a-man-watches-stock-quotations-on-an-electronic-board-outside\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<h2>Latest News<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Former Proud Boys Lead Enrique Tarrio Sentenced<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Biden\u2063 Masks \u200bUp Amidst New Polling Concerns<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>John Lott&#8217;s \u200bResearch Reveals \u200bPolitical Bias in Reporting of\u200d Gun\u2063 Crimes<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Elon Musk Threatens to Sue Anti-Defamation League<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>U.S. Department of\u2062 Defense Considers AI-Powered Technology<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>Apple Expresses \u2063Concerns About\u200d Privacy and Security Risks \u200din \u2062EU Digital<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>China Orders Officials \u2062to\u2064 Not\u200d Use Apple iPhones for Work<\/strong><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><strong>German Automakers Speed \u2063Up \u200bTransition to Electric Vehicles<\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>LONDON (Reuters) &#8211; Wall Street&#8217;s opening is expected to reflect worldwide stock declines on Wednesday due to sluggish growth in China and Europe, raising concerns about the overall economic momentum. Investors are also considering the impact on Federal Reserve interest rates. S&amp;P and Nasdaq futures traded down 0.2% and 0.3% respectively, while MSCI&#8217;s broadest index was also affected.<\/p>\n","protected":false},"author":66,"featured_media":2023138,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2023137","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2023137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2023137"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2023137\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2023138"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2023137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2023137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2023137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}