You can learn an awful lot by looking at the list of stocks that made new highs last week — and the list of stocks that hit new lows. Foremost, they can tell you what is and isn’t working in this market, especially during earnings season. We saw many groups roll over and only one,…
OPEC+ hikes oil production by 547,000 barrels per day for September Oil prices slipped on Friday, weighed down by a stronger U.S. dollar and the possibility that OPEC+ will further increase its crude oil output. Dado Ruvic | Reuters OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the…
Wall Street ended a busy week of earnings, economic data and policy decisions with a thud, as a weak jobs report renewed concerns about the health of the U.S. economy in the face of President Donald Trump’s ever-shifting tariff policy. In the week ahead, investors will look to the latest batch of earnings for additional…
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. CNBC Berkshire Hathaway on Saturday reported a small decline in second-quarter operating earnings as Warren Buffett’s conglomerate warns of negative impacts from steep U.S. tariffs. Berkshire’s operating profit — those from the company’s wholly owned businesses including insurance…
My top 10 things to watch Friday, Aug. 1 1. We’re headed for a big down open. President Donald Trump issued a late-night series of new tariff orders , including raising the duty rate on Canadian imports to 35% from 25%, effective today. Trump also hit Switzerland with a 39% tariff rate, effective Aug. 7….
Canada ‘disappointed’ by U.S. hiking tariffs, Prime Minister Mark Carney says Canadian Prime Minister Mark Carney said the U.S. increasing tariffs to 35% on the country had “disappointed” its government. The duties have already come into effect and are the latest escalation in the months-long U.S.-Canada trade conflict. “While we will continue to negotiate with…
Asia-Pacific currencies mostly depreciate against the greenback Asia-Pacific currencies mostly depreciated against the greenback on Friday after U.S. President Donald Trump modified tariff rates on several countries. The U.S. dollar index, which measures the greenback against six major currencies, rose 0.11% to 100.73 as of 10:40 a.m. Singapore time (10:40 p.m. ET Thursday). The Japanese…
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 30, 2025. Jeenah Moon | Reuters S&P 500 futures were little changed on Thursday night as traders digested the latest Big Tech earnings and awaited July’s jobs report. Futures tied to the broad market index were…
Concentrated tech strength is powering a market that is otherwise flashing signs of falling consumer health, according to Josh Brown, CEO of Ritholtz Wealth Management. Concerns around the market are mounting as artificial intelligence-related capex spending and strong corporate earnings — notably from Meta and Microsoft reports this week — fuel record gains for just…
My top 10 things to watch Thursday, July 31 1. Microsoft joined the $4 trillion club after reporting an incredible acceleration of business , especially from its AI digital assistant Copilot and its Azure cloud division. It was an extraordinary quarter, so much better than six months ago. It was actually constrained by not enough…