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stocks, data and earnings as volatility continues

Stock market numbers are displayed on a screen at the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City.

Michael M. Santiago | Getty Images

LONDON — ********* stocks fell sharply at the start of Monday’s session as global volatility continues amid concerns of a looming U.S. recession.

The regional Stoxx 600 index was 2.77% lower by 8:19 a.m. London time, with all sectors and major bourses across the region trading in the red. Tech stocks led losses, shedding as much as 5% before paring losses slightly to trade down 4.7%, while banks were 3.7% lower.

Earnings in Europe come from Uniper, Infineon, Monte dei Paschi and Palantir Technologies on Monday. Data releases include services purchasing managers’ index data from the U.K, Italy and Spain.

Stock picks and investing trends from CNBC Pro:


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#stocks #data #earnings #volatility #continues

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