1. BEIJING/SHANGHAI - Activity in China's factory sector shrank at its fastest rate in at least three years in August as domestic and export orders tumbled, hitting global markets and increasing fears that the world's second-largest economy may be heading for a hard landing.
2. Wall Street opened sharply lower on Tuesday after weak data from China heightened fears of a slowdown in the world's second-largest economy and its effect on global growth.
3. NEW YORK - The pace of growth in the U.S. manufacturing sector slowed in August to its weakest in over two years, according to an industry report released on Tuesday.
4. U.S. construction spending rose in July to the highest level in just over seven years as private outlays surged, providing another sign of solid economic momentum at the start of the third quarter.
5. Manufacturing activity in the U.S. expanded at the slowest rate in more than two years in August, dampening optimism over the strength of the economy and fanning hopes that the Federal Reserve could delay raising interest rates till the very end of 2015, industry data showed on Tuesday.
6. The dollar remained broadly lower against the other major currencies on Tuesday, as data pointing to a deepening economic slowdown in China spurred risk aversion, sending Asian equities lower, while investors eyed upcoming data on U.S. manufacturing activity.
7. Oil futures pulled back on Tuesday, as traders cashed out of the market to lock in gains after prices soared almost $10 a barrel over the past three sessions, the biggest three-day surge since 1990.
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