Markets Mixed as Earnings Beat, Oil Talks, and Data Drive Swings
TL;DR Summary
Global markets traded mixed as Pernod Ricard warned of weaker full-year sales due to U.S. and China demand weakness, oil slid on renewed Strait of Hormuz talks, China’s July industrial profits growth slowed, and Korea hiked rates to cool inflation; after-hours Nvidia beat estimates while Salesforce and Okta posted strong results, nudging futures higher ahead of Jackson Hole.
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