Us Economic Data

Global markets on edge as US economic data slams Wall Street; investors wager on Fed rate cut as slowdown fears rise

Concerns about a US recession whacked Wall Street overnight, with the Dow skidding 2.8 percent, the S&P 500 own 2.5 percent and Nasdaq losing more than 3 percent.

Key Asian stock indices rebound as risk appetite returns after Italy referendum

MSCI's broadest index of Asia-Pacific shares outside Japan bounced 0.8 percent, its biggest daily rise since 22 November, breaking two days of falls. Korea climbed 1.2 percent while Japan rose 0.8 percent

Sensex losses mount as caution rules, Nifty ends a tad below 8,700

Oil prices spurted above $50 a barrel for the first time since June, a sign inflationary pressure is beginning to bubble