Global markets show recovery after Monday rout

Global markets are calming today after suffering a rout on Monday on the heels of a weaker-than-expected jobs report in the United States, and the Japanese yen’s reverse carry trade.  The KBW Nasdaq Bank Index, a benchmark that tracks the performance of 24 publicly-traded banks, including JPMorgan Chase, Citi, Bank of America and BNY Mellon, […]