The Marriner S. Eccles Federal Reserve building in Washington, DC, U.S., on Sunday, Jan. 12, 2025. Samuel Corum | Bloomberg | Getty Images If investors were to judge the stability of the economy by looking at the stock market, its two-day winning streak might lead investors to think that it’s business as usual. The market’s…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market bounce: Stocks made a strong comeback from their initial premarket lows. There are three key developments behind Friday’s rally. You had a deeply oversold S…
A trader works on the floor at the New York Stock Exchange on Dec. 2, 2024. Brendan Mcdermid | Reuters Stock futures are near flat Monday night after the S&P 500 concluded the first session of December’s trading month at an all-time closing high. S&P 500 futures and Nasdaq 100 futures both sat near their…
Oil prices have been boosted by geopolitical tensions after Russian President Vladimir Putin said the conflict with Ukraine had characteristics of a ‘global’ war (Vyacheslav PROKOFYEV) Most Asian markets gained Friday after a bounce on Wall Street, while bitcoin continued its march higher to move within touching distance of the $100,000 mark. Rising geopolitical tensions…
Traders work on the floor of the New York Stock Exchange at the opening bell on November 13, 2024, in New York City. Angela Weiss | AFP | Getty Images Stock futures are near flat Wednesday night as investors parsed the all-important earnings release from artificial intelligence darling Nvidia. Dow Jones Industrial Average futures added…
(Bloomberg) — Shares rose in Asia, sidestepping losses on Wall Street following hotter-than-expected core inflation that heightened the focus on the Federal Reserve’s next move. Most Read from Bloomberg Japanese and South Korean stocks opened higher while those in Australia slipped. US equity futures also edged higher, after the S&P 500 fell 0.2% and the…
(Reuters) – Chicago Federal Reserve Bank Austan Goolsbee on Thursday said he sees a series of interest-rate cuts over the next year to year and a half, noting that inflation is now near the Fed’s 2% goal and the economy is about at full employment, and the Fed’s goal is to freeze those conditions in…
(Bloomberg) — Mainland Chinese equities led losses in the region on Wednesday after weak economic data and as Beijing refused to commit to more economic stimulus. Most Read from Bloomberg The benchmark CSI 300 Index fell as much as 5.1% within minutes of opening, but pared some of its losses. That erased a lot of…
(Bloomberg) — Asian shares gained for a fifth day as a rally sparked by support measures from Beijing continued, while US stocks set fresh highs, with investors preparing for further rate cuts. Most Read from Bloomberg Equity benchmarks rose in South Korea and Australia, while those for Japan were mixed after the yen strengthened against…
Traders on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images News | Getty Images Dow Jones Industrial Average futures are near flat Sunday night after excitement over last week’s interest rate cut propelled the blue-chip index to a record closing level. Futures tied to the 30-stock index lost…