JSE slightly weaker with Monday’s sell-off running out of steam
Japan’s benchmark Nikkei, which is exposed to major tech stocks, was up 10.23% on Tuesday, having fallen more than 12% on Monday
06 August 2024 - 11:18
The JSE was marginally weaker on Tuesday morning, with the rand little changed as global markets seemingly attempted a rebound after Monday’s plunge (https://www.businesslive.co.za/bd/markets/2024-08-05-global-market-turmoil-rattles-sa-stocks-rand/).
The sell-off on Monday came as investors fretted about the US economy possibly falling into recession after a key jobs report on Friday came in far weaker than expected across the board...
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