CNBC Daily Open: Soft landing in sight?
Publishing timestamp: 2024-09-02 02:45:53
Summary
The major U.S. indexes ended August in the green despite a sharp sell-off at the start of the month. Central banks, including the U.S. Federal Reserve, are expected to cut interest rates. Chinese EV manufacturer BYD saw record sales in August. China's first AAA game, Black Myth: Wukong, sold over 10 million units in three days. The U.S. economy is showing signs of improvement with tamer inflation, a hotter economy, and a stable job market.
Sentiment: POSITIVE
Tickers: 9866-HK, .DJI, BRK.A, .HSI, .SZSC, .SSEC, NIO, BRK.B, LI, .SPX, .IXIC, ZE594-CN, 2015-HK,
Keywords: s&p 500 index, world markets, business news, nio inc, jobs, li auto inc, prices, dow jones industrial average, shenzhen composite index, shanghai, byd co ltd, hang seng index, economic events, china, markets, berkshire hathaway inc, nasdaq composite, united states,
Source: https://www.cnbc.com/2024/09/02/stock-markets-soft-landing-in-sight.html