SYDNEY (Reuters) - Asian shares recouped early losses on Tuesday while commodities won a break from recent selling pressure after a reading on China's massive factory sector outpaced the market's bleak expectations.
New York: US stocks closed lower on Monday, with the S&P 500 suffering its biggest one-day decline since early August, as the latest housing data came in much weaker than expected, raising new concerns about the rate of growth in the economy.
The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, June 24, 2011. Reuters/Jonathan Ernst.
A day of demonstrations Monday to highlight the role organizers say big business plays in climate change ended after dark with the peaceful arrest or summons of 102 activists who engaged in civil disobedience.
Brazil's government lowered its growth estimate and maintained its inflation forecast for 2014 after the economy slipped into recession during the first six months of the year.