U.S. Factory Gauge Hits 10-Year Low as World Slowdown Widens - Bloomberg

U.S. Factory Gauge Hits 10-Year Low as World Slowdown Widens - Bloomberg: A measure of U.S. manufacturing unexpectedly fell deeper into contraction, posting the weakest reading since the end of the last recession as a global slowdown and the U.S.-China trade war increasingly weigh on the sector.