European equity close: Soft start to September

Student loan defaults double! Millions at risk as debt spirals. Borrowers pause payments amid financial strain.

AVGO surges on $10B client news; LULU slashes guidance on tariffs. CPRT, AMD dip on missed revs & downgrade.

US-Japan trade deal: 15% tariffs on goods, $550B Japan investment, ag buys up $8B. Court ruling challenges tariff power.

Used trucks surge 29% as fleets consolidate; 5-yr models lead. Rates stable, not rebounding. Caution advised.

Fed eyes rate cuts as unemployment hits 4-yr high; traders bet on 3 cuts by Dec. Market awaits signals.

Trucking jobs dip slightly in Aug, down 6.6K YoY. Sector stagnant since '22, awaiting rate rebound.

Jobs report misses expectations (22k vs 75k), unemployment ticks up to 4.3%. Fed rate cut odds hit 99%.