Wall St wobble as oil sinks on China data
February already in the red amid fears slowdown will spread
US stocks retreated today following a sell-off in risk assets from commodities to global equities after data showing worsening Chinese manufacturing rekindled concern that a slowdown there will spread.
The Standard & Poor’s 500 Index retreated after its biggest one-day gain in four months. European shares ended lower after paring losses of more than 1 per cent, while emerging-market equities were little changed. China’s stocks slid after an official manufacturing index dropped to a three-year...
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