US stock futures held steady as uncertainty around Federal Reserve policy rattled investors even as the tech industry continued to make big moves on AI. Futures attached to the Dow Jones Industrial Average (YM=F) edged up 0.1%. Futures attached to the benchmark S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) fluttered around the flatline….
US stocks fell on Wednesday, as Wall Street digested mixed messaging from Fed officials on US interest rates. The S&P 500 (^GSPC) slid 0.4% while the Dow Jones Industrial Average (^DJI) declined by about 0.3%, The tech-heavy Nasdaq Composite (^IXIC) dropped 0.4%. The declines marked a reversal from the indexes’ earlier gains. Debate over the…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching on Tuesday and what’s on the radar for Wednesday’s session. AI trade cools off The…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator.) Another one of the market’s occasional rethinks of the beloved AI-investment theme strikes some of the heavily owned leaders of the group, pressuring the big-cap indexes but so far sparing the majority of stocks from significant damage. Questions over whether…
US stock futures held steady on Tuesday after another record-setting day, as Wall Street waited for the first speech from Chair Jerome Powell since the Federal Reserve started cutting interest rates again. Dow Jones Industrial Average futures (YM=F) nudged up 0.2%. Meanwhile, contracts on the S&P 500 (ES=F) and the tech-heavy Nasdaq 100 (NQ=F) both…
For people who monitor interest rates for a living, it has been a hectic week, with several major central banks making announcements. But besides finance professionals, Hong Kong people are also keenly interested. With their mortgages and business loans – and the economy in general – running on a currency pegged to the US dollar,…
The stock market reached records again this week, propelled by the Federal Reserve’s decision to cut interest rates for the first time since last December. The S & P 500 and Nasdaq hit a number of all-time closing highs this week, one as recently as Friday, after the Fed announced a quarter-point reduction to the…
Presidents Donald Trump and Xi Jinping are expected to discuss the US-China TikTok deal in a call due later Friday (Kirill KUDRYAVTSEV) Asian markets were mixed Friday at the end of a strong week for investors following a US interest rate cut, with attention now turning to a call between Donald Trump and Xi Jinping…
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Japan’s benchmark Nikkei 225 index pared gains to fall 0.59% Friday, after the Bank of Japan kept its policy rate steady at 0.5%, in line with the forecast from a Reuters poll of economists. The benchmark index had hit a fresh record…
The Federal Reserve found plenty of unity this week to push through a quarter percentage point interest rate reduction, a decision that nonetheless masked substantial divisions among officials over what’s ahead. Countering Wall Street expectations for multiple dissents, the rate-setting Federal Open Market Committee on Wednesday voted 11 to 1 in favor of the reduction….