Joggers in Shanghai, China, on April 10, 2021. Qilai Shen | Bloomberg | Getty Images Asian markets opened mixed Monday as investors digested the downbeat economic data from China released over the weekend, while several key markets were closed for holidays. Investors also await the Federal Reserve’s policy meeting on Tuesday and Wednesday where the … Read more
The first two trading weeks of September have whiplashed investors. Last week was strong as stocks staged a comeback following favorable updates on inflation and a slew of companies at various analyst conferences. September is known as the worst month of the year for stocks. While all three Wall Street benchmarks are still slightly lower … Read more
CNBC’s Jim Cramer on Thursday listed the CEOs he trusts even when the market doesn’t, primarily naming executives from top tech companies. “Look, it’s right to be skeptical when you’re investing. It’s right to be jaundiced,” he said. “But the bottom line? Not every executive deserves the same level of skepticism if not scorn. Some … Read more
A General view showing the Central Business District in Central on May 18, 2023 in Hong Kong, China. Vernon Yuen | Nurphoto | Getty Images Asia-Pacific markets opened higher on Thursday, tracking gains on Wall Street after a volatile session spurred by inflation data. Japan’s Nikkei 225 jumped 3% in early trading and the broad-based … Read more
The upscale shopping district of Ginza in Tokyo, Japan, on Saturday, May 4, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened lower on Wednesday, despite gains on Wall Street ahead of the U.S. August consumer inflation report due Wednesday. Traders in Asia parsed key economic data from Japan and South Korea. South Korea reported … Read more
CNBC’s Jim Cramer reviewed Tuesday’s market action and asserted that tech stocks are easier to own for the long term while bank stocks suffer as the market broadens and experiences “economic choppiness.” “You simply can’t bank on the bank stocks right now, hence why the great broadening out is indeed fraught with risk,” he said. … Read more
Here are the most important news items that investors need to start their trading day: 1. A bright spot 2. More bites at the Apple Apple announced a range of new products Monday, as it tries to boost sales of its all-important iPhone. It unveiled multiple new versions of the device — the iPhone 16, … Read more
Attendees inspect the new iPhone 16 Pro and 16 Pro Max during an Apple special event at Apple headquarters on September 09, 2024 in Cupertino, California. Justin Sullivan | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed … Read more
Here are the most important news items that investors need to start their trading day: 1. Looking for a rebound Stock futures ticked higher Monday after equities tumbled last week. The S&P 500 dropped 4.3% for the period, its worst week since 2023. The Nasdaq Composite shed 5.8% in its poorest week since 2022, and … Read more
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 4, 2024. Brendan Mcdermid | Reuters 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 … Read more
