(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.) Wall Street holds near record highs in a government-data blackout , with enough rotational energy toward left-behind groups, refreshed confidence in the AI spending frenzy, certainty of a Fed rate cut this month…
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. Stocks climb ahead of shutdown…
What do you get for the market that already has everything? All right, maybe not everything, but investors have been blessed with an abundance of advantages and good fundamental fortune, along with the policy help the market both hoped for and expected. The bulls got a dovish turn from the Federal Reserve without much noticeable…
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 Thursday and what’s on the radar for Friday’s session. The small caps new record…
(These are the market notes on today’s action by Mike Santoli, CNBC’s senior markets xommentator. See today’s video update from Mike above.) The majority of the market is idling after a nice run to record highs and ahead of a Fed decision, while some idiosyncratic flows goose the mega-tech stocks and the S & P…
Stocks could be in for a bumpy ride once the Federal Reserve begins cutting interest rates, according to Evercore ISI. Julian Emanuel, strategist at the firm, pulled data going back to 1970 on how stocks perform following the start of rate-cutting cycles from the central bank. Equities tend to pull back in the short term,…
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 Monday and what’s on the radar for Tuesday’s session. Record breakers Tomorrow morning our…
Wall Street expects Broadcom to post 34% year-over-year growth in adjusted earnings per share for the fiscal third quarter. (Bloomberg) — Investors worried about faltering momentum in the artificial intelligence trade are looking for a spark from Thursday’s earnings report by the world’s hottest chipmaker: Broadcom Inc. Most Read from Bloomberg But after the more…
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 Thursday and what’s on the radar for Friday’s session. It’s all about the data…
European stock markets fell on Thursday, as investors assessed an above-consensus quarterly earnings report from tech giant Nvidia. The U.S.-listed firm, which makes products for tech giants including Microsoft, Google, Meta and Amazon, said sales growth this quarter will remain above 50% in a sign of the continued resilience of the artificial intelligence boom. Fiscal…