China is monitoring developments in Syria closely and hopes the country returns to stability soon, the foreign ministry in Beijing said on Sunday after Syrian rebels declared the end of the Bashar al-Assad regime. “We urge relevant parties in Syria to take firm measures to ensure the safety of Chinese organisations and personnel in Syria,”…
Here are five key things investors need to know to start the trading day: 1. Record slip Stocks moved lower Thursday, retreating from the records the major indexes hit in the previous trading session. The Dow Jones Industrial Average dropped 248.33 points, or 0.55%, while, the Nasdaq Composite dipped 0.18% and the S&P 500 slipped 0.19%. Bitcoin, meanwhile, also traded a bit lower,…
As Amazon’s executive chair, Jeff Bezos is still involved in growing the company — and the way he does it is simple, he said at the New York Times’ DealBook Summit on Wednesday. Bezos only needs to focus on “a few things” to keep the $2.32 trillion company on track, he said, and they’re three…
When it comes to the jobs report Friday, investors can’t seem to make up their mind what they want. The November nonfarm payrolls report is one of the last major economic data points before the Federal Reserve holds its Dec. 17-18 meeting, at which the central bank is widely expected to squeeze in one more…
The final trading month of 2024 kicks off in the week ahead, and promises one final push to the finish line to turn this year’s monster rally into one for the history books. A jobs report is on deck as well. Stocks are at or near all-time highs, and as far as investors are concerned,…
Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates. “The economy is not sending any signals that we need to be in a hurry to lower rates,” Powell said in remarks for a speech…
JPMorgan’s trading desk has some ideas on how much the stock market might move following Friday’s all-important jobs report. Friday’s data on nonfarm payrolls, the unemployment rate and wages are the last major economic release before next week’s presidential election and Federal Reserve policy meeting. Economists polled by Dow Jones expect jobs to have grown…
“We’re Hiring” flyers displayed at the Albany Job Fair in Latham, New York, US, on Wednesday, Oct. 2, 2024. Angus Mordant | Bloomberg | 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…
A hiring sign is posted on the exterior of Urban Outfitters at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. Anna Rose Layden | Getty Images September’s outsized payrolls boost takes the U.S. economy out of the shadows of recession and gives the Federal Reserve a fairly open glide path to…