Markets Brace for Volatility as Economic Uncertainty Grows
Investors confront mixed economic signals and looming Federal Reserve decisions amid recent stock selloff.
- Global equity markets experience significant declines, raising concerns among investors.
- U.S. stocks face a downturn with the S&P 500 and Nasdaq Composite dropping over 2.5% and 3.7%, respectively.
- Weaker-than-expected economic data heightens speculation about Federal Reserve rate cuts in September.
- Disney's upcoming earnings report will be closely watched for insights on its streaming strategy and sports rights investments.
- The Cboe Volatility Index reaches its highest level since March 2023, reflecting increased market anxiety.