Wall Street slumped more than 2 percent on Tuesday, pushing all three major U.S. indexes into losses for the year after weak data from China added to fears that a slowdown in the world's second-largest economy will constrain global growth.
New York (CNNMoney) - Here we go again. Stocks took another nosedive Tuesday (September 1) following more fears about a slowdown in China's economy.
WASHINGTON - A strong dollar and China's economic slowdown dragged growth at American factories last month to the lowest level since May 2013.
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.
Sept 1 Fiat Chrysler Automobiles NV will move the production of Jeep Cherokee out of Toledo, Ohio as the automaker readies the facility for producing its redesigned Jeep Wrangler, Automotive News website reported.