Warren Buffett isn’t hot on stocks right now, and the 94-year-old CEO’s latest moves reflect that. Berkshire Hathaway on Saturday said its cash pile swelled to a record $325.2 billion in the third quarter, up from $276.9 billion at the end of June. For context, that’s more than the market value of Nike , Goldman…
My top 10 things to watch Friday, Oct. 25 1. Wall Street is on pace for a higher open as the yield on the benchmark 10-year Treasury note was little changed, hovering just below 4.2%. The bond market has been a thorn in the side of equities lately. The Nasdaq , S & P 500…
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 9, 2024. Michael M. Santiago | 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 they are….
The Chinese stock market just had its best single day in more than a decade. The mainland CSI 300 index on Monday surged 8.5% , its biggest one-day gain since September 2008. That pushed the benchmark to its highest level since August 2023. It’s also the last trading day of the week in China due…