My top 10 things to watch Wednesday, Nov. 5 1. Democrats had a big election night in the country’s three most contested races. Democratic socialist Zohran Mamdani won the New York City mayoral race. In New Jersey, Democrat Mikie Sherrill won the gubernatorial race. In Virginia, Democrat Abigail Spanberger won to become the commonwealth’s first-ever…
Private employers added 42,000 jobs to the US economy in October, according to ADP’s private payrolls report, rebounding from an upwardly revised loss of 29,000 jobs in September. Forecasters were expecting the economy to add 30,000 jobs during the month, according to S&P Global Market Intelligence. “Private employers added jobs in October for the first…
CNBC’s Jim Cramer suggested Wall Street is too fixated the on large valuations of certain tech and speculative stocks, chalking up Tuesday’s market-wide decline in part to Palantir‘s nearly 8% loss despite strong earnings results. “The larger issue is that we’re at the moment where money managers, when asked if the market’s too expensive, immediately…
US stock futures were mixed Tuesday night following a rough trading session that saw all three major averages close deeply the red. Dow Jones Industrial Average futures (YM=F) ticked up around 0.2%, while S&P 500 futures (ES=F) hugged the flatline. Nasdaq 100 futures (NQ=F) slipped around 0.2%, as AI chip giant AMD (AMD) saw its…
Russian crude shipments fell by the widest margin seen since January 2024 over the past month, according to vessel-tracking data from Bloomberg, as US sanctions have begun to show their effect. Four-week average volumes of crude oil shipped from Russia’s ports tallied 3.58 million barrels per day for the period ended November 2, down by…
My top 10 things to watch Tuesday, Nov. 4, Election Day 1. Palantir’s quarterly beat and guidance raise were not good enough. Or, maybe, it’s the paradox of an amazing company with a big market cap ahead of where most people think it deserves it. Shares of the software maker sank more than 8%. Besides…
Tech led a sharp retreat in US stock futures on Tuesday after a mixed session on Wall Street that saw AI optimism in megacap companies drive the S&P 500 and Nasdaq Composite higher. S&P 500 futures (ES=F) sank 0.9%, while those on the tech-heavy Nasdaq 100 (NQ=F) tumbled roughly 1.3%. Contracts on the Dow Jones…
Traders work at the New York Stock Exchange on Nov. 3 2025. NYSE Stock futures are slightly lower Monday night after the S&P 500 and Nasdaq Composite closed higher on the back of continued enthusiasm around the artificial intelligence trade. Futures tied to the Dow Jones Industrial Average fell 94 points, or 0.2%. S&P futures…
CFOTO | Future Publishing | Getty Images The “everything store” might have secured its biggest customer yet. On Monday, Amazon announced that it had signed a $38 billion deal with OpenAI, offering the ChatGPT maker access to Amazon Web Services’ infrastructure. On the one hand, the move isn’t too surprising — a continuation of OpenAI’s spending spree…
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. Pfizer reports in the morning…