The rebound follows a sharp sell-off in the U.S. with the Dow and the S&P 500 notching their worst sessions since September 2022.
CNBC Daily Open: Dow sheds 1,000 points
S&P 500 posts worst day since 2022 in global market sell-off. Google loses antitrust case. Bitcoin tumbles
24-year-old gold medal gymnast from the Philippines to be awarded a condo valued at $414,046, cash prizes and more
Carlos Yulo became the first male Olympic gold medalist in the history of the Philippines and is the country’s second Olympic champion.
Ukraine finally sends F-16s into the battle against Russia — but they might not be a game-changer
It was a pivotal moment for Ukraine as it unveiled its first F-16 fighter jets on Sunday. The difference the aircraft will make in battle remains to be seen.
Ford turns ‘dirty’ business into a profit driver. GM and Stellantis are taking notice
Ford has turned its fleet business into an earnings powerhouse. It’s something General Motors and Chrysler parent Stellantis have quickly taken notice of.
Everyone is talking about the Sahm recession indicator. Here’s what you need to know
Investors have turned to one of the most time-tested indicators to determine whether the U.S. economy is in a recession.
Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says
Carry trades refer to trades wherein an investor borrows in a currency with low interest rates and reinvests the proceeds in higher-yielding assets elsewhere.
Scenario Planning, Foresight, and the Power of Imagination: Navigating an Uncertain Future
By fostering resilience through the consideration of various outcomes, investment practitioners can better anticipate and manage the complexities and disruptions that characterize today’s dynamic environment.
Dow closes down 600 points, Nasdaq enters correction after weak jobs report: Live updates
Stocks slid Friday as a much weaker-than-anticipated jobs report for July ignited worries that the economy could be falling into a recession.
Europe stocks close 2.8% lower, extending losses after weaker-than-expected U.S. jobs report
European markets extended losses Friday after the Bank of England narrowly approved an interest rate cut.