Five Things You Need to Know to Start Your Day: Americas

WATCH: Mercedes Slashes Outlook as China Market Cools

Good morning. The market euphoria that followed the Fed’s big cut is fading, the Bank of Japan avoids a shock and Mercedes-Benz tumbles amid China woes. Here’s what traders are talking about. — David Goodman

Want to receive this newsletter in Spanish? Sign up to get the Five Things: Spanish Edition newsletter.