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Market news


US markets suffer worst day since 2022 as Tesla and AI stocks fall

24/07/2024 23:07 - Elon Musk’s electric-vehicle maker loses 12% as Nvidia, Microsoft and Apple lead tech sector sell-off ...

BlackRock leads as ether ETFs rack up $100mn on first day of US trading

24/07/2024 21:07 - Debut not as large as bitcoin ETF launch but in line with expectations ...

LVMH update sounds alarm on global luxury market

24/07/2024 20:07 - Also in this newsletter: Eurozone business activity slows, global hunger warning, tourism backlash ...

Thames Water’s credit rating slashed to ‘junk’

24/07/2024 16:07 - Decision by rating agency Moody’s leaves London’s water supplier teetering ...

Russia’s ticking prescription clause

24/07/2024 16:07 - Further adventures in fixed income T&C shenanigans ...

Turkey returns $5bn Saudi deposit in show of economic confidence

24/07/2024 15:07 - Move underlines progress in country’s $1tn economy since pivot to more conventional monetary policy ...

Fall in German business activity drags down Eurozone economy

24/07/2024 14:07 - Purchasing managers’ poll hits 5-month low on weak growth in services and steep falls in manufacturing ...

A helping hand through the green tech ‘valley of death’

24/07/2024 14:07 - Climate start-ups have struggled to raise finance to prove their systems at scale ...

The London market discount is about performance, not geography

24/07/2024 10:07 - Lower average profitability explains much of why UK companies are lower-valued than their US peers ...


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