U.S. job openings shrank in July, sending a second signal in as many days of a possible economic slowdown. The U.S. trade deficit expanded in July after imports rose faster than exports. The economic data in Europe also confirmed weakening economic activities, and VW raised the prospect of closing plants in negotiations with the workers union.
Market indexes on Wall Street rebounded after a string of positive earnings. U.S. GDP growth in the second quarter was higher than previously estimated. The goods trade deficit expanded to the widest in over two years. The CPI inflation in Germany and Spain eased. Passenger car sales advanced in the European Union.