By Joe Cash and Colleen Howe BEIJING (Reuters) -China’s efforts to curb industrial overcapacity face their first test in the indebted and bloated polysilicon sector, a key cog in solar cell production, where analysts say it is easiest for Beijing to intervene but still difficult to succeed. Under the plan, devised by industry players in…
Americans aren’t feeling great about the economy, and it’s translating to a weaker outlook for spending. That isn’t good news for the stock market, and Wall Street is eyeing the risk of weaker corporate earnings as consumers pull back. Consumer Confidence clocked in at 92.9 in March, its lowest level since 2021, according to the…
A look at the day ahead in U.S. and global markets from Mike Dolan Rancorous geopolitics continues to grab most headlines again this week, but it’s creeping anxiety about a slowing U.S. economy that’s unnerving investors most about Wall Street stocks. Wary of Wednesday’s results from megacap chip giant Nvidia, the S&P500 lost its 6,000…