Chinese stocks trading in the U.S. tumbled Friday after former President Donald Trump threatened to sharply raise tariffs on Chinese imports if he returns to office, warning that China has become “very hostile.” Alibaba and Baidu each slid about 8%, while JD.com and PDD Holdings fell 6.6% and 5.2%, respectively. The iShares MSCI China ETF…
Stocks sold off in Asia this morning and Europe ticked down as well. U.S. futures were marginally down before the bell following yesterday’s 0.28% decline in the S&P 500. Analysts pointed to the U.S. government shutdown, where a resolution is nowhere in sight, with some no longer seeing two further rate cuts from the Fed…
My top 10 things to watch Friday, Oct. 10 1. The gold rally has been one of the week’s biggest market stories, and the stocks of gold miners have been flying, too. Some profit-taking was likely behind yesterday’s pullback in both bullion and the miners. Raymond James upped its price target on Newmont ($96 from…
Check out the companies making headlines before the opening bell : Applied Digital — Shares surged 30% after the datacenter builder reported that revenue in its fiscal first quarter was up 84% from the comparable period in the prior year. Stellantis — The French-Italian-American automaker reported a 13% rise in third-quarter shipments, prompting shares to…
Markets may have been hanging on every syllable for a signal, but Powell offered none, leaving traders to chart their own course. In a week short on official data and long on speculation, corporate earnings, gold prices, and overseas rallies are stepping in to fill the Fed-shaped void. The Federal Reserve’s annual conference on…
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Shares of South Korean chipmakers SK Hynix and Samsung Electronics hit record highs Friday, after a near-weeklong holiday, boosted by a series of artificial intelligence deals….
Stock futures are little changed after both the S&P 500 and the Nasdaq Composite closed lower after retreating from fresh all-time highs in Thursday’s session. S&P 500 futures and Nasdaq 100 futures were trading up less than 0.1%, while futures tied to the Dow Jones Industrial Average added 40 points, or 0.08%. The federal government…
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) It says a lot about the gentleness of the market’s recent climb that today’s half-percent sag in the S & P 500 would essentially match the two worst days for the index since…
In a stock market that has so clearly rewarded risk-takers, it can be easy to justify investing in high-flyers or speculating on potential disruptors. However, the potential for great reward always comes with great risk. That raises the question: How should investors go about making high-risk, high-reward bets in a smart way that may put…
Check out the companies making the biggest moves in premarket trading: Ferrari — The luxury carmaker tumbled nearly 14% after it trimmed its electrification targets . Ferrari said it expects its 2030 sports car model line-up to be made up of 40% internal combustion engine cars, 40% hybrid and 20% fully electric vehicles. That’s down…