UK’s FTSE 100 heads for 11th positive session in best run since 2019 The U.K.’s FTSE 100 was 0.4% higher at 9:50 a.m. in London, putting the blue chip index on track for its eleventh straight session in the green. Gains at the Monday close would extend its best winning run since December 2019, when…
The German Parliament is set to vote on Tuesday on a plan to loosen government borrowing limits in order to spend heavily on defense and infrastructure, in an effort to offset America’s pivot away from Europe and to lift the country out of years of economic stagnation. If the measure eventually becomes law, it will…
The most anticipated earnings report of the season has finally arrived, but investors aren’t tripping over themselves to buy the leading AI chip stock. Nvidia ‘s fiscal fourth quarter earnings and revenue beat analyst expectations . The company’s top line soared by 78% year over year thanks to strong artificial intelligence demand. That said, the…
Grainger CEO says company performance should ‘return’ with high occupancy and good rental growth Helen Gordon, the CEO of the U.K.’s largest residential landlord Grainger, said the company’s performance should rebound with high occupancy and good rental growth over the next year, in an interview with CNBC host Sylvia Amaro on “Street Signs Europe.” Gordon…
The DAX , a benchmark of 40 German blue-chip stocks hit a record high on Monday, despite a disappointing GDP print out of Germany — and it’s not the first time Germany’s stock market and its economy have diverged considerably. Europe’s largest economy contracted for the second year in a row in 2024, but the…
The New York Stock Exchange on November 21, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like…
It’s a good time to check in on how the “Trump trade” is doing. The stock market rallied to fresh records after Donald Trump was declared the next U.S. president, with investors betting that his vow to cut taxes and loosen regulation will foster deal-making, stimulate the economy and support risk assets. The S &…
The S & P 500 is on pace to deliver a second straight year of gains above 20%. Historical data shows how uncommon that really is. After last week’s postelection rally, the S & P 500 is now up by about 26% on the year. That comes after the broad index climbed more than 24%…
The busiest week of the corporate earnings season has arrived. More than 150 S & P 500 companies are slated to report. Among them are Apple , Amazon and Ford Motor . Pharmaceutical giant Pfizer is also on deck. So far, this third quarter reporting period has been mixed. While there have been some high-profile…
Going looking for ghosts in October isn’t a great way to see one, as it turns out. At least so far. The prevailing sense among investors and market handicappers entering the month was to expect choppy, irresolute action full of potential scares. As with most consensus beliefs, this one was plausible. This time of year…