Shares of banks and other financial institutions slid amid recession fears.
Apollo Global Management shares plunged after the New York investment firm's earnings lagged lofty expectations.
Societe Generale said better market dynamics helped it report net profit and revenue ahead of expectations for the second quarter of 2024.
BNP Paribas entered into exclusive talks to buy the investment-management arm of insurer AXA and reach a long-term partnership for in a roughly $5.52 billion deal that would create a European asset-management giant.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
08-01-24 1711ET
