Chipmaker Nvidia led the gains in megacap technology stocks in the premarket trading, with a 2.5% advance. Global markets have witnessed extreme turbulence ...
Chipmaker Nvidia led the gains in megacap technology stocks in the premarket trading, with a 2.5% advance. Global markets have witnessed extreme turbulence this week following July's dour jobs data that raised fears of a slowdown in the United States, and a surge in yen after Bank of Japan's surprise rate hike resulted in unwinding of currency carry trades. The volatility has since abated, with the CBOE Volatility Index declining to 23.21 points, from a high of 65.
Passengers are facing chaos on the Tube network on Friday due to a police incident at Willesden Green. Both the Metropolitan Line and Jubilee Lines are part suspended due to the incident, which TfL described as involving a ‘trespasser’. Chiltern Railways cancelled all services in and out Marylebone station with disruption continuing.
Venezuelan president Nicolás Maduro was reelected for a third consecutive term on July 28, 2024. Maduro scored 51.2% of votes, versus the 44.2% received by the main opposition candidate Edmundo Gonzalez Urrutia, according to the National Electoral Council . However, the opposition contests these results— as do many everyday Venezuelans and some in the wider international community. It’s a tense situation and one that is rife with fake news from all sides.
Palestinians are fleeing large areas around Khan Younis in southern Gaza where the Israeli military began a new assault after ordering another mass evacuation. Gaza’s second-largest city, Khan Younis, suffered widespread destruction during air and ground operations earlier in the year. The enclave faces a severe humanitarian crisis with Israeli restrictions on aid and ongoing fighting limiting access to food, medical supplies and clean water.
UK riots live: Government ‘in state of high readiness’ for weekend unrest as dozens more thugs sentenced today
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