1. U.S. stocks rose more than 1 percent in early trading on Wednesday, rebounding from steep losses a day earlier, after fresh intervention from China to support its markets helped ease a global equities selloff.
2. U.S. private employers maintained a solid pace of hiring in August despite recent global financial market turmoil, suggesting that labor market momentum likely remains strong enough for the Federal Reserve to consider an interest rate hike this year.
3. New orders for U.S. factory goods rose for a second straight month in July on strong demand for automobiles, which could help to keep manufacturing supported as it deals with a strong dollar and softening global demand.
4. Oil prices fell on Wednesday as concerns about the global economy exacerbated worries that an oversupply of crude could last longer than expected.
5. The dollar remained higher against the other major currencies on Wednesday, even after data showed that U.S. non-farm private employment rose less than expected in August ans as concerns over the global economic outlook persisted.
6. U.S. factory orders rose less than expected in July, dampening optimism over the health of the economy, official data showed on Wednesday. In a report, the U.S. Census Bureau said factory orders increased by a seasonally adjusted 0.4% in July, missing forecasts for a gain of 0.9%.
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