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Business events scheduled for the coming week

WASHINGTON- Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON- Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..
Source: The Associated Press | By: By The Associated Press
Stocks leap about 4% in recovery, best day since 2011

U.S. stocks shot higher on Wednesday, rebounding from six consecutive days of declines that pushed the major averages into correction territory.
Source: CNBC.com | By: Evelyn Cheng
Stocks briefly spike on Dudley, Dow now up about 250

U.S. stocks jumped, attempting for a second day to bounce from a recent plunge, as investors eyed stimulus moves out of China and U.S. data.
Source: CNBC.com | By: Evelyn Cheng
COLUMN-Worried about China? Ask a metals trader: Andy Home

LONDON, Aug 26- Everyone's worried about China. But while the rest of the world seems shocked that all is not as it should be in the industrial powerhouse that is China, metal traders have been grappling all year with the implications of a Chinese slowdown. Right now sentiment is king across all markets with fear and panic breeding more fear and panic, but industrial...
Source: Reuters | By: Andy Home
Dow, S&P close lower in biggest reversal since Oct. 08

U.S. stocks closed lower, after a failed attempt to rally, as investor confidence waned amid continued concerns about China and global growth.
Source: CNBC.com | By: Evelyn Cheng
US services sector hit by renewed slowdown

Financial firm Markit said its Purchasing Managers Index for the services sector slipped to 55.2 in August from the final 55.7 reading in July.
Source: Reuters
Sell-off made in China: Expert  

Anastasia Amoroso, J.P. Morgan Funds, says a slower China is a real problem for commodities and the market turmoil is not about U.S. weakness.
Source: CNBC.com
Nikkei tumbles 4 percent after wild day of trading

TOKYO, Aug 25- Japanese stocks fell for a sixth consecutive day on Tuesday in a volatile session that saw indexes seesaw between losses and gains before retreating late in the session on worries about China's slowing economy. The benchmark index opened down 2 percent, clawed its way back into the black by lunch and then fell sharply again in afternoon as...
Source: Reuters | By: Joshua Hunt
China growth panic is overdone, experts warn

The turmoil gripping China's markets doesn't reflect the condition of the world's second largest economy, some analysts and economists warn.
Source: CNBC.com | By: Ansuya Harjani
GRAINS-Soybean prices edge higher, rebound off more than 6-yr low

SYDNEY, Aug 25- U.S. soybean prices climbed on Tuesday, rebounding from their lowest in more than six years, but worries over economic growth in key buyer China kept gains in check. *Chicago Board of Trade front-month soybeans rose 0.31 percent to $8.95-1/ 2 a bushel, having slumped 1.3 percent in the previous session when they touched a more than a six-year low.
Source: Reuters