US stocks bounce back after Monday’s sell-off but jitters remain

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NEW YORK, Aug 7— Wall Street stocks rebounded yesterday from a big drop in a calmer session as analysts pointed to barga...

But the equity market rebound failed to gain much traction in Europe, where the main markets closed narrowly mixed.

Monday’s sell-off followed data Friday showing fewer US jobs than expected were created last month, while another report pointed to continuing weakness in the manufacturing sector.

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Category: EconomyBusiness

Markets: MalaysiaJapan

Topics: Us stocks

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-07 @ 08:50:17 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 435 words

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Copyright Owner: © Malay Mail

News ID: 21965776

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