Friday, August 2, 2024
Afternoon
- S&P 500 Is Set for Worst Jobs Day in Two Years: Markets Wrap
- Bonds Surge After Soft Jobs Data Raises Pressure on Fed to Cut
- Nasdaq set to confirm correction as recession fears mount; Amazon, Intel slide
- Volatility-linked funds dump US stocks, exacerbating selloff
- European Stocks Post Worst Day in Over a Year as Selloff Deepens
- Dollar hits four-month low as weak jobs data boosts rate cut bets
- Sharp slowdown in US job growth boosts unemployment rate to 4.3%
- US Unemployment Rate Rises Again, Cementing Path to Fed Rate Cut
- JPMorgan, Citi See Fed Dealing Two Half-Point Rate Cuts in 2024
- Goolsbee Says Fed Won’t Overreact to One Month’s Data
- Fed Officials Likely to Push Back Against Half-Point Rate Cut
General
- Stock Rout Deepens as Intel Sinks 20%: Markets Wrap
- Intel shares plunge 22.6% in premarket trading, Nvidia down 4.4% as global chip stocks fall
- Asian Stocks Slump Most Since 2021 as Japan Selloff Deepens
- Japan Stocks Tumble in Biggest Two-Day Rout Since 2011 Tsunami
- Fears for US economy drive tech-led global stock slump
- Oil Slides Below $75 as Demand Woes Offset Middle East Risk
- Europe's banks see biggest weekly selloff since March 2023
- Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%
- Morning Bid: Rethinking recession risks and AI, markets take fright
- Big Tech's AI spend is becoming too big to fail: Morning Brief
- PBOC Adviser Issues Rare Criticism of China’s Economic Policies
- China needs more than 'incremental' consumer stimulus longer term
- China's stuttering recovery darkens global corporate growth outlook
- Hard Landing Concerns Jolt Global Markets
- Chinese yields hit record lows as investors defy central bank warnings
- US redeploying forces to protect Israel from Iran retaliation, Biden says