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Dow, S&P drop for 3rd day on global growth worries

The Dow and the S&P 500 fell for a third straight day on Thursday on concerns about the global economy's growth outlook after manufacturing data showed a drop in new orders in both the euro zone and China.
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Global growth concerns weigh on Wall Street

Wall Street fell for a third straight day on Thursday after continued contraction in manufacturing in both the euro zone and China fueled worries about the global economy.
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Jobless claims fall to four year low

The number of Americans claiming new unemployment benefits dropped to a four-year low last week, offering further evidence the jobs market recovery was gaining traction.
A sculpture showing the Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt

Euro Zone Falls Into 'Recession': Markit Report

The euro zone slid back into recession in March as output fell for the second quarter running, reaching a new three-month low, according to Markit's Eurozone PMI Composite Output Index on Thursday.
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Wall Street opens lower on China, euro zone data

Stocks fell at the open on Thursday as data on the U.S. labor market did little to counter concerns about weakness in the global economy after soft manufacturing data in the euro zone and China.
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Obama, Putin To Meet On Syria, Missile Defense

Putin, now Russia's president-elect, has said he would boycott the Group of Eight summit at Camp David and the NATO conference in Chicago this spring if U.S. missile defense plans weren't scrapped.

China Manufacturing Falters In March: HSBC PMI Shows

China's factory activities slumped for the fifth consecutive month as weakening domestic demand continued to weigh on growth. Spooked investors moved quickly out of riskier assets while hoping for further easing from Beijing.
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Wall Street to open lower on China, euro zone data

Stocks were set for a weaker open on Thursday as data on the domestic labor market did little to counter concerns about weakness in the global economy after soft manufacturing data in the euro zone and China.
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Gold Falls to Lowest Level Since Mid-January

Gold hit its lowest level since mid-January on Thursday, influenced by dollar strength, with the market having unwound all of the premium built up on expectations for further U.S. quantitative easing.
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Special Report: Chinese firm helps Iran spy on citizens

A Chinese telecommunications equipment company has sold Iran's largest telecom firm a powerful surveillance system capable of monitoring landline, mobile and internet communications, interviews and contract documents show.

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