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Wednesday, August 14, 2024

Thursday's News Links

[Yahoo Finance] Stocks rise after retail sales, jobs data as Walmart surges

[Reuters] Stocks recover some stability after weeks of turmoil

[Yahoo/Bloomberg] Oil Halts Two-Day Drop as Iran Tensions Vie With Stockpile Build

[Yahoo/Bloomberg] Iron Ore Hits Lowest Since 2022 as Steel Crisis Rattles Market

[CNBC] Consumer spending jumped in July as retail sales were up 1%, much better than expected

[Reuters] US weekly jobless claims unexpectedly fall

[Yahoo/Bloomberg] Walmart Lifts Full-Year Outlook on Bargain-Hunting Shoppers

[Reuters] Fed's Bostic supportive of a September rate cut, FT reports

[Yahoo/Bloomberg] China’s Economy Fails to Pick Up After Worst Stretch in Five Quarters

[Reuters] China's home-price slump deepens in July to new 9-year low

[Reuters] China's factory output disappoints, dashing hopes for speedy recovery

[Reuters] China's central bank plans new policies to boost growth, governor says

[CNBC] China’s bond market intervention reveals financial stability worries

[Yahoo/Bloomberg] China Slashes Steel Output as Industry Rings Alarm on Demand

[Reuters] Japan's economy rebounds strongly on consumption boost, backs case for more rate hikes

[Reuters] Margin trading in Japanese stocks sharply shrinks after market rout

[Reuters] Russian commander says Ukraine's forces pushing along the border front

[WSJ] Why Falling Mortgage Rates Aren’t a Quick Fix for Frustrated Homebuyers

[FT] Top Fed official ‘open’ to September rate cut as inflation cools

[FT] America’s torrid affair with credit cards