Wednesday's News Links

[Yahoo/Bloomberg] Stocks Weaker as Nvidia Slips: Markets Wrap

[Yahoo/Bloomberg] Asian Stocks Plunge as AI Valuation Worry Hurts Chipmakers

[Yahoo/Bloomberg] Taiwan Stocks Hit By Record Foreign Outflow as AI Trade Sours

[Reuters] Nvidia's selloff, renewed growth concerns hammer stocks

[Reuters] Gold steady as US payrolls data grabs limelight

[Reuters] Safe-haven yen rises, Aussie wobbles as nervous markets face US jobs test

[Yahoo/Bloomberg] Oil Rises Slightly From Nine-Month Low as OPEC+ Rethinks Hike

[Yahoo/Bloomberg] Nvidia Rout Has Traders Watching $100-Share Level Amid ‘Vacuum’

[Yahoo/Bloomberg] Unwinding of VIX Trade Caused ‘Massive Freakout,’ Nomura Says

[Reuters] Nvidia suffers record $279 billion loss in market value as Wall St drops

[Reuters] US trade deficit widens in July on imports

[CNBC] Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again

[Reuters] US small business surges, sentiment improves, Treasury report says

[Reuters] US East Coast ports union meets over wage demand, preps for possible strike

[Yahoo/Bloomberg] Global Borrowing Blitz Led by Blue Chips Selling $43 Billion

[Reuters] Russia launches air attacks on Kyiv, western city of Lviv, Ukraine says

[Reuters] Lavrov warns US not to mock Russia's 'red lines'

[Yahoo/Bloomberg] China Services Expansion Cools in New Sign of Economic Weakness

[Reuters] Exclusive: Chinese fund manager asks staff to return excess pay from past five years, sources say

[Reuters] Japan's service activity extends gains in Aug, PMI shows

[Yahoo/Bloomberg] Japan’s Ministries Ask for Record $811 Billion Budget

[Reuters] Euro zone August business activity gets Olympic lift, PMI shows

[Bloomberg] High Rates Expose Global Banking’s Multi-Trillion-Dollar Weak Spot

[FT] US homebuilders face credit crunch as banks cut lending

[FT] Investment banks cut China GDP forecasts as confidence wanes

Tuesday Afternoon Links

[Yahoo/Bloomberg] Stocks Hit as Nvidia Leads Selloff in Chipmakers: Markets Wrap 

[Yahoo/Bloomberg] Bond Rally Turns ‘Dangerous to Chase’ With Bets on Big Rate Cuts

[Yahoo/Bloomberg] Oil Erases 2024 Gain as Rising Supplies, Tepid Demand Fuel Gloom

[Bloomberg] Firms Pile Into Bond Market in Busiest Day on Record

[CNBC] Weak manufacturing measures raise specter of U.S. economic slowdown

[Yahoo/Bloomberg] US Manufacturing Activity Contracts for a Fifth Straight Month

[Reuters] US construction spending falls more than expected in July

[Yahoo/Bloomberg] Cliff Asness Is ‘Old Man Whinging’ as Markets Get Less Efficient

[Reuters] Russian missiles kill 51 in deadliest strike on Ukraine this year