Jul 19th, 2024

How Does IT Outage Impact Market Sentiment?

State Street Global Advisors Head of Macro Policy Research Elliot Hentov discusses the impact on market sentiment of the global IT outage which is hobbling airlines, banks and other businesses. Computer systems failed after a widely used CrowdStrike Holdings Inc. cybersecurity program crashed and Microsoft Corp. separately reported problems with its cloud services. Hentov speaks on Bloomberg Television.