U.S. stock indexes were on Thursday set to begin September on a dour note as weak factory activity surveys from Europe and Asia amplified fears of a global economic slowdown. Rising borrowing costs, high inflation, the Ukraine war and China’s COVID curbs led to tepid manufacturing activity across Germany, Britain, Japan and China, although there were signs of easing cost pressures. Meanwhile, the number of Americans filing new claims for unemployment benefits fell more-than-expected to 232,000 last week, while layoffs dropped in August, consistent with strong demand for workers. Also Read: F&O expiry day: Sensex gives up 59000, fresh uptrend …
