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European markets and Wall Street mixed after Monday’s sell-off

European markets opened higher on Tuesday morning but went back in the red by the afternoon as Wall Street started Tuesday's trading session in the green. European markets opened higher on Tuesday with Germany's DAX, France's CAC 40 and London's FTSE 100 all in the green after a massive sell-off on Monday. However, by the afternoon, all…

ByPexecoAugust 6, 20240Comments

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Global Markets Plunge as US Recession Fears Intensify

Fears of a US recession are driving global market sell-offs. Equities dropped sharply, the dollar weakened, and bonds and the yen strengthened. Global financial markets are witnessing a wave of risk aversion, intensifying dynamics that had already begun to emerge late last week when disappointing US economic data sparked fears of a recession in the…

ByPexecoAugust 5, 20240Comments

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Why Stocks Just Had Their Most Volatile Two Weeks in Over a Year

KEY TAKEWAYS Stock market volatility has surged in recent weeks. Over the last 10 days, the S&P 500's average daily move was 1.02%, the highest since March 2023. There wasn’t a single day that the S&P 500 moved more than 1% between June 6 and July 9, two days before a soft inflation report surprised…

ByPexecoAugust 4, 20240Comments

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European markets and Wall Street mixed after Monday’s sell-off

Global Markets Plunge as US Recession Fears Intensify

Why Stocks Just Had Their Most Volatile Two Weeks in Over a Year