MARKET WRAPS
Watch For:
Texas Manufacturing Outlook Survey for September; Federal Reserve Bank of Boston President Susan Collins speaks at Greater Boston Chamber of Commerce event; Washington Post Live event with Federal Reserve Bank of Atlanta President Raphael Bostic; Federal Reserve Bank of Cleveland President Loretta Mester speaks at Massachusetts Institute of Technology event
Opening Call:
Stock futures wavered early Monday, with risk assets extending their selloff, as fears over inflation and the likelihood of a global recession mounted.
In Europe, stock markets struggled for momentum, with London’s FTSE 100 edging into positive territory as sterling continued to plunge.
The projected victory of a far-right party in Italy added to market uncertainties about rising interest rates and recession fears.
Read: Italian Right Is On Course to Win Elections
Other Markets News:
U.K. assets slid…
