06:52 AM EDT, 09/04/2024 (MT Newswires) -- Asian stock markets retreated Wednesday, as tech issues faltered on concerns the US economy is weakening. Traders flocked to the risk-off mode after a Tuesday report indicated that US manufacturing activity in August declined for a fifth-straight month. Commodities prices sagged also, including crude oil charges. Hong Kong, Shanghai and Tokyo finished in...

BTC briefly fell to $55,500, its lowest since August 8, to reverse nearly all gains in the past month.The August reading of the Institute for Supply Management’s manufacturing index slumped for a fifth straight month with a rebound from July but remaining below the 50 threshold.Bitcoin {{BTC}} fell to its lowest level since early August in Asian morning hours Wednesday...

04:07 PM EDT, 09/03/2024 (MT Newswires) -- US benchmark equity indexes ended lower Tuesday after reports showed the manufacturing sector stayed in contraction territory in August. * The US manufacturing sector remained in contraction territory last month as demand weakness weighed on new orders, according to data from the Institute for Supply Management and S&P Global. Rate cuts will help,...

* European stocks fall, Wall Street set to extend sell-off * Semiconductor companies sink after Nvidia ( NVDA ) rout * Oil prices hit weakest since December * U.S. data keeps markets on edge (Updates prices at 0747 GMT) By Tom Wilson, Rae Wee and Tom Westbrook LONDON/SINGAPORE, Sept 4 (Reuters) - Shares across the world fell on Wednesday, pummelled...