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In August 2024, China's automotive market exhibited a positive month-on-month (MoM) growth trajectory

"They were late raising rates but they raised very high, rapidly, to 5% which I think is the right thing," JP Morgan's Jamie Dimon said. "And they're right to take the foot off the gas on that one."

‘He is clearly expecting a correction of some kind,’ Musk previously warned.

A compelling expose could have impacted bitcoin and the broader market’s prices, but the crypto community is largely brushing off HBO’s hyped documentary.

Markets will look to the release of minutes from the Fed's September policy meeting later in the session.

Shares of Alphabet fell 1.4% in premarket trading after the U.S. Department of Justice said it may ask a judge to force Google to divest parts of its business, including the Chrome internet browser and Android operating system. Indexes closed higher on Tuesday, recovering from Monday's selloff, with technology stocks leading the gains as U.S. Treasury yields eased. Minutes from the Fed's September meeting, when policymakers kicked off policy easing with a 50-basis-point rate cut, are due later in the day.