Hunter Biden was found guilty by a jury in his Delaware gun trial.

ECB board member Makhlouf: Future interest rate decisions will not only be about wage growth, but also require close attention to specific risks from global and European conflicts.

ECB board member Makhlouf: I am not worried about slightly more than one rate cut this year and market pricing of a 90 basis point rate cut by the end of 2025.

Zeekr (ZK.N) fell about 5%, after previously rising by more than 3%.

The iShares MSCI France ETF fell to its lowest point in three months and is now down 2.1%.

Bank of America: Deposit pricing is stabilizing.

Bank of America: Consumer deposits are expected to remain stable between $940 billion and $950 billion.

U.S. stocks continued to fall, with the Dow Jones Industrial Average down 1%, the S&P 500 down 0.6% and the Nasdaq down 0.3%.

Tesla (TSLA.O) shares fell to a four-week low and were now down 1.8%.

The pan-European Stoxx 600 index extended losses to 1%.

The World Bank has lowered its economic growth forecast for Africa and the Middle East to 2024.

GameStop (GME.N) shares fell another 5.5% today after falling nearly 46% in the past two trading days.

Bank of America: Consumers are not overspending on credit cards.

Bank of America: Consumers spend more on debit cards than credit cards.

World Bank: Global trade volume is predicted to grow by 2.5% in 2024, up from 2.3% in January and only 0.1% in 2023.

World Bank: The growth rate for low-income countries is forecast to be 5.0% in 2024, 0.5 percentage points lower than the forecast in January.

World Bank Deputy Chief Economist Cosé: If interest rates remain high for a long time, global growth may fall to 2.4% by 2025.

World Bank Deputy Chief Economist Cosse: Since January this year, the economic improvement in the United States has accounted for 80% of the improvement in global economic growth in 2024.