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China concerns sinks stocks, metals overnight
Equities on both sides of the Atlantic moved lower after trade data renewed concerns about China's economy.
Equities on both sides of the Atlantic moved lower after trade data renewed concerns about China's economy.
US Treasuries and Wall Street fell after a report showed American employers added more jobs than expected last month.
The latest data on US manufacturing, construction spending and car sales bolstered optimism about the outlook.
Both Brent and US crude dove and then recovered overnight, and equities sought direction.
Global stocks pushed into full-blown bear market territory, with the MSCI All-Country World Index falling 1.3 per cent overnight.
Wall St stocks and oil have slumped again amidst growing talk of recession risk for both the US and the world, writes Liam Dann.
Wall Street moved higher with oil prices and better-than-expected US corporate earnings including from Facebook.
Equities on both side of the Atlantic moved lower with the price of oil, while US Treasuries and gold rose.
New Zealand shares rose for the first time this year after a five-day slide.