Stagnation is probably the best many of the world's biggest developed economies can hope for over the next year, with several facing a significant chance of recession, Reuters polls of around 350 economists showed on Thursday.
U.S. stocks and global risk assets were hit with a worse-than-expected trade report out of China. China reported that September exports rose 17 percent from a year ago and imports increased 21 percent from a year ago.
Rage Against the Machine lead guitarist Tom Morello delighted Occupy Wall Street protestors at Zuccotti Park on Thursday with a rendition of This Land is Your Land.
The controversial artist and activist beat past winners Larry Gagosian and Hans Ulrich.
U.S. stocks fell on Thursday after three days of gains as earnings from JPMorgan and soft economic data from China reinforced worries about a slowing global economy.
The number of Americans filing new claims for jobless benefits was steady last week and the trade deficit narrowed slightly in August, indicating a mild improvement in the economy.
The Dow and the S&P 500 fell on Thursday, but the Nasdaq composite index cut its losses to briefly turn positive in midday trading.
Stocks fell on Thursday after three days of gains as earnings from JPMorgan and soft economic data from China reinforced worries about a slowing global economy.
The trade deficit narrowed marginally in August, but the trade gap with China widened to a record high, the Commerce Department said on Thursday.
U.S. stocks are trading down on Thursday's morning session on disappointing economic data from China and downbeat earnings from banking giant JPMorgan Chase (NYSE:JPM).
New claims for unemployment benefits edged down last week, according to a government report on Thursday that pointed to a modest improvement in the labor market at the start of the fourth quarter.
Carrefour, Europe's biggest retailer, issued its fourth profit warning in as many months on Thursday, adding to signs cash-strapped shoppers are cutting back and increasing doubts about its turnaround plan.
Safeway Inc reported a quarterly profit that beat analysts' low expectations, benefiting from higher fuel sales and cost cuts, and its shares rose nearly 4 percent.
Stocks fell on Thursday as earnings from JPMorgan and soft economic data in China reinforced worries about a slowing global economy, giving investors reason to pause after the recent run-up.
U.S. stocks edged lower on Thursday on news that growth in Chinese trade slowed in September. Before the market opened, JPMorgan Chase (NYSE:JPM) reported third quarter earnings of $1.02 per share, which exceeded expectations.
Stocks were set to open lower on Thursday as earnings from JPMorgan and soft economic data in China highlighted worries about a slowing global economy, giving investors reason to pause after the recent run-up.
U.S. stock futures are down Thursday morning on disappointing earnings from JPMorgan Chase (NYSE:JPM) and weak data out of China.
China has the scope to respond if global economic risks materialize, and the country's response could partially but not entirely offset the impact of a global crisis, the International Monetary Fund's Asia and Pacific director said on Thursday.
U.S. stock index futures fell on Thursday after earnings from JPMorgan Chase and weaker-than-expected economic data in China reawakened worry about a slowing global economy.
Stock index futures fell on Thursday after weaker-than-expected economic data in China reawakened global economic worry and earnings from JPMorgan Chase.
Italy's sale of 6.2 billion euros in bonds on Thursday eased investors' immediate concerns about its funding in the euro zone debt crisis, but stock markets were hit by weaker Chinese trade data.
Oil slipped Thursday, with Brent crude snapping a six-day rally, after trade data from China pointed to slower demand in the world's second-largest oil consumer.