Touring giants rebound after stock market slump
Shares in companies such as Live Nation, CTS Eventim and Sphere Entertainment are on the up after a roller coaster few days for global markets
News By James Hanley | 6 August 2024
Touring power players appear to be back on track following a turbulent few days for the stock market.
Markets in the US dipped on Friday and Monday after new data showed the unemployment rate increased from 4.1% to 4.3% in July – its highest level in almost three years – while only 114,000 jobs were added – well down from the 215,000 monthly average over the previous 12 months.
However, the BBC reports that Nasdaq, the Dow Jones Industrial Average and the S&P 500 all witnessed early gains…
You've used your free article this month
Continue reading with a free account, or subscribe for unlimited access to all of our news, features and reports.
