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U.S. markets news

Uh-oh! Dow falls 400 points on more China fears
Here we go again. Stocks took another nosedive in early trading Tuesday following more fears about a slowdown in China's economy.
Wall Street braces for stormy Sept.: Dow plunges more than 300 points on ...  USA TODAY
Stocks slide Tuesday following weak reports in China  Washington Post
MarketWatch  
China manufacturing contracts, euro zone and US slows
LONDON China's giant manufacturing industry contracted and euro zone and U.S. growth eased in August in data published on Tuesday, while the International Monetary Fund cut its forecast for world growth this year.
Shares Fall on Bleak Chinese Manufacturing Data  New York Times
UK manufacturing sector hit by strong pound/China  RTE.ie
ISM Manufacturing Index Falls in August
U.S. manufacturing activity expanded at its slowest pace in more than two years, a sign global turmoil and a strong dollar could be limiting factories.
US factory activity slows; construction spending up solidly  Reuters
US manufacturing sector growth slows in August: ISM  CNBC
Bonds' Rising Correlation With Oil Prices Challenges Investors
The strongest correlation between oil prices and European bond yields in six months may turn out to be a challenge for investors assessing the outlook for prices.
Oil falls 8% on weak Chinese data; Brent below $50  CNBC
UPDATE 1-Russia says oil output could decline if prices stay low  Reuters
US construction spending rises to seven-year high
WASHINGTON, Sept 1 - U.S. construction spending rose in July to the highest level in just over seven years as private outlays surged, providing another sign of solid economic momentum at the start of the third quarter.
US construction spending rises 0.7 percent in July to highest level in more ...  Washington Post
US construction spending reaches highest level in 7 years  Times of India
US Auto Sales Maintain Pace Despite Calendar Quirk
Three of the largest U.S. auto makers beat a quirk in the calendar by posting better-than-expected August sales, underscoring the continuing strength of the car consumer.
GM sales go flat but Fiat Chrysler US auto sales rise again  USA TODAY
Strong August Sales Spur GM to Boost 2015 U.S. Industry Outlook  Bloomberg
Yahoo's Marissa Mayer pregnant with twins
Yahoo's chief executive officer Marissa Mayer is pregnant with twin girls, she announced on the Yahoo-owned Tumblr blog service Monday evening.
Yahoo Chief Marissa Mayer Is Expecting Twins in December  Bloomberg
Russia cyber sanctions possible; Apple eyes Netflix market; Mayer pregnant ...  Washington Post
Portugal, Missing Deadline for Novo Banco Sale, Turns to Second Bidder
MADRID - Portugal is having trouble selling the bank salvaged from the wreckage of one of the country's biggest private lenders.
UPDATE 2-Bank of Portugal turns to second bidder for Novo Banco  Reuters
Portuguese Central Bank Ends Talks With China's Anbang Over Novo Banco Sale  Wall Street Journal
PayPal helps Canadians deal with awkward money conversations
PayPal is introducing a new interpersonal payment service in Canada that it says will make IOUs a thing of the past. Users who sign up for PayPal.
PayPal Launches Service That Will Compete With Venmo, a Company It Owns  Gizmodo
PayPal.Me Peer-to-Peer Payments Service Launched  NDTV
Penn West Suspends Dividend While Pengrowth Halves Its Payout
Penn West Petroleum Ltd. PWE -12.17 % and Pengrowth Energy Corp. PGH -12.33 % on Tuesday cut their payouts to shareholders again, joining a host of Canadian oil and gas producers forced to further slash costs in response to the recent drop in oil ...
Penn West Scraps Dividend, to Fire 400 Workers as Oil Slides  Bloomberg
900 energy sector jobs being shed by ConocoPhillips, Penn West  Calgary Herald