UBS reported on Friday that U.S. stocks extended their rally as new economic data, including a 1% rise in July retail sales, eased concerns about a potential recession. Despite the encouraging consumer resilience, UBS cautioned that the risk of a significant economic slowdown remains, especially after weaker July jobs data. Investors are advised to wait […]News Bytes, bonds, economic, Federal Reserve, Hedge Funds, inflation, interest rates, jobs, News Bytes – 2, rally, Recession, retail, slowdown, stocks, UBSRead More

You might also be interested in reading Asia-Pacific markets muted after Wall Street falls, yen weakens as BOJ holds rates steady.