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Eurozone PMI falls to 20-month low as recession outlook rises Eurozone trade activity fell further than expected last month, raising the likelihood of a recession in the common 19-member currency bloc. S&P Global’s Final Composite PMI for the Eurozone (Purchasing Managers Index), considered a reliable indicator of economic health, fell to a 20-month low of …

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Dow closes lower Wednesday to end 5-day win streak, Wall Street mulls new retail data

Stocks fell on Wednesday as the rally on Wall Street that has driven prices higher since mid-June appeared to peter out as traders weighed the latest retail data and Federal Reserve minutes. The Dow Jones Industrial Average fell 171 points, or 0.5%, while the S&P 500 and Nasdaq Composite fell 0.69% and 1.15%, respectively. Equities …

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