Markets declined on Tuesday, August 15, in response to weak economic data from China and concerns about US banking stocks. Moreover, the US Retail Sales for July beat expectations, suggesting potential action from the Fed, weighing in on the markets.
US GDP will be released today. GDP is an important economic health indicator that measures the total value of a country’s services and goods. Accordingly, this article discusses GDP and its latest figures.
Due to recession fears, China's GDP release, and the BOJ's upcoming monetary policy decision, Chinese stocks fell while Japan's market saw a rise on Tuesday. Read more about the latest market trends in Asia.
Musk's controversial Twitter purchase, inflation, interest rates, and supply chain issues took a toll on Tesla shares in 2022. Despite this, Tesla reported record deliveries on Monday.
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