NIFTY 50

Asia stocks dip after poor US data stokes recession fears

Updated : September 04, 2019 08:20 AM IST

Safe-haven government bonds fared well in the wake of risk aversion in the broader markets, with the benchmark US Treasury yield touching its lowest level in three years.
The US manufacturing sector contracted in August for the first time since 2016 amid worries about a weakening global economy.
The dollar index against a basket of six major currencies stood at 98.939 after rising overnight to 99.37, its highest level since May 2017.
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV