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The Dow Jones buys its own bond problem

The Dow Jones Industrial Average trades roughly 430 points higher at just above 53,200, taking back the larger part of a Thursday decline that ran close to 690 points. The session low printed in the 52,800 area inside the opening stretch, and the index has ground higher in almost every hour since, changing hands within a handful of points of the 53,250 area that marks the session high.The catalyst was a preliminary August activity survey…

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Tesla announced Friday that it is recalling nearly 3 million vehicles in China over concerns that doors may be difficult to open in an emergency, marking the largest automotive recall in the country’s history. Tesla’s action comes alongside recalls announced by eight other automakers, affecting a combined total of about…

Markets

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