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Podcast: Squawk Box Europe Express
Episode: U.S. equities recovery stalls
Description: The S&P 500 and Nasdaq both break an eight-day winning streak with the recent recovery stalling ahead of Fed Chair Jerome Powell’s widely anticipated speech at the Jackson Hole Symposium later this week. In Chicago, the DNC officially votes on the the presidential nomination of Kamala Harris and her running mate Tim Walz with former president Barack Obama endorsing the current vice-president. The EU adjusts its planned tariffs on Chinese EVs with Tesla catching the biggest break – now facing duties of only 9 per cent compared to the anticipated 20.8 per cent. In Germany, Taiwanese chip maker TSMC breaks ground on i...