A look at the day ahead in U.S. and global markets from Mike Dolan
China says the United States is overstretching the concept of national security, abusing state power to suppress foreign companies after the White House gave government agencies 30 days to remove Chinese-owned app TikTok on federal devices.
In company news, staffing firm Adecco said its hiring activity had weakened modestly at the start of 2023 after it reported weaker-than-expected earnings. British asset manager abrdn fell to a full-year pretax loss and reported a slide in client funds for 2022, as global markets turmoil and runaway inflation weighed on its finances.* U.S. February consumer confidence, Chicago PMI business survey, Richmond Fed business survey, Feb Dallas Fed services sector survey, U.S. January wholesale, retail inventories, goods trade balance, U.S.
* Chicago Federal Reserve President Austan Goolsbee speaks; Bank of England Chief Economist Huw Pill and BoE policymaker Catherine Mann speak* U.S. corp earnings: AutoZone, Agilent, HP, First Solar, AMC Entertainment, Monster Beverage, Sempra Energy etcBy Mike Dolan, editing by XXXX [email protected]. Twitter: @reutersMikeDOpinions expressed are those of the author.
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