Morning Briefing Americas

Traders Hunker Down After Wall Street Meltdown

Photographer: Bryan R. Smith/AFP

Good morning. Traders are on edge after Wall Street’s latest rout. Apple is said to plan a major software overhaul. And where MrBeast really makes his money. Listen to the day’s top stories.

Wall Street is divided whether the Monday market meltdown represents something more than the short-term pain as flagged up increasingly by President Donald Trump’s team. The difference this time is that it’s hammering the broader market rather than just the megacaps. His allies are using this worrying backdrop to push for a sweeping tax bill as soon as the summer.