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Rally fades as close approaches, stocks briefly up less than 1%

U.S. stocks attempted a bounce for a second day, amid continued signs of strength in the U.S. economy, following the recent plunge in global markets.
Source: CNBC.com | By: Evelyn Cheng
UPDATE 1-Ferragamo says new stores in China could be smaller

MILAN, Aug 27- Italian luxury group Salvatore Ferragamo may opt for smaller new stores in China as local consumers shop more online and abroad, its chief executive said on Thursday. Asia-Pacific is the biggest market for the Florentine shoemaker and sales there declined 4 percent at constant exchange rates in the first half of 2015, even though the brand's own...
Source: Reuters
Dollar rises for 3rd day on upbeat US data, higher risk appetite

The dollar advanced for a third consecutive session on Thursday, bolstered by data showing a much stronger U.S. economy.
Source: Reuters
UPDATE 1-Apple lines up Sept. 9 event, seen unveiling new iPhones

SAN FRANCISCO, Aug 27- Apple Inc on Thursday invited journalists to a Sept. 9 event, where it is expected to unveil new iPhones and potentially a new version of its Apple TV set-top box. Cross Research analyst Shannon Cross said she was also expecting a faster processor on iPhones. When users posed the question in the invitation to Siri on their iPhones, Siri threw...
Source: Reuters
A look at Macy's outlet stores

NEW YORK- Macy's has an answer to T.J. Maxx and other stores that sell deeply discounted designer brands. The department store chain, which is set to open its previously announced "Macy's Backstage" discount stores this fall in the New York City area, gave The Associated Press an early look at one of its new outlet stores. The store, which is opening next week in...
Source: The Associated Press | By: By ANNE D'INNOCENZIO, AP Retail Writer
Apple confirms rumored Sept 9 event

Apple on Thursday confirmed the date of a possible product event, which was widely reported in recent weeks.
Source: CNBC.com | By: Jacob Pramuk
Bleisure: When your workday is over, evenings in London

The Museum of London is hosting weeknight evenings with experts and curators on Oct. 15, 7 p.m.-9: 45 p.m., in a program called "Uncovering the Crime Museum"; on Nov. 16, 7 p.m.-9: 30 p.m., with "Curating the Crime Museum Uncovered"; and Nov. 24 and Dec. 16, 7 p.m.-10 p.m., with "Crack the Case." Museum of London Docklands is offering Halloween ghost tours, Oct. 31, 6 p.m.-8 p.m. and 9 p.m.-11...
Source: The Associated Press | By: By BETH J. HARPAZ, AP Travel Editor
METALS-Copper jumps most in 2 years after Fed officials calm markets

LONDON, Aug 27- Copper and zinc scored the biggest one-day gains in over two years on Thursday after comments by U.S. Federal Reserve officials helped calm global markets, including hard-hit stocks in top metals consumer China. Equities rallied around the world on Thursday following comments by two Federal Reserve officials that prompted investors to push...
Source: Reuters | By: Maytaal Angel and Eric Onstad
The upside of Silicon Valley downturn  

Has the latest tech boom made Silicon Valley too soft for its own good? Farhad Manjoo, NYT Tech columnist, provides perspective.
Source: CNBC.com
TREASURIES-U.S. bond prices fall on stock gains, GDP data

*U.S. to sell $29 bln 7- year notes. NEW YORK, Aug 27- Most U.S. We have retraced the whole move since last week's global market sell-off, "said Thomas Roth, executive director of U.S. government bond trading at Mitsubishi UFJ Securities USA in New York.
Source: Reuters | By: Richard Leong