S&P 5007,623.68▼0.5% Nasdaq25,955.34▼0.2% Dow52,215.16▼1.2% Russell 2K2,775.90▼0.3% 10-Yr4.99%+4bp VIX19.45+0.42 WTI$103.44▲4.0% Gold$4,010.00▼1.2% EUR/USD1.120▼0.3% BTC$80,469▼0.8% Nikkei62,908▼2.6%
At close · Sat, Oct 24, 2026
Daily Market Updates.

US Markets

Home›US Markets›Equities›Volvo Shares Plunge as China Ambitions Fade for Wester…

Volvo Shares Plunge as China Ambitions Fade for Western Carmakers

Reported · Written up by our desk · Equities

The Swedish automaker plans to cut another 2,500 jobs, joining competitors in offering a gloomy view of the world’s biggest car market.

← Newer storyWD-40 Could Reward Patient Investors,Here's Why

More like this

US MarketsRosebank: Life on the oil field at the centre of a political storm
US MarketsHealey’s first budget to include big devolution package to boost growth
US MarketsDemocrats, voting-rights groups challenge Trump's bid to block Alaska Senate certification
US MarketsBiotech stocks are surging. How investors can play the new drug innovation boom
US MarketsOver 40% of Americans are heading toward retirement ‘blind’ , with no plan

Sources

NYT BusinessVolvo Shares Plunge as China Ambitions Fade for Western Carmakers

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.