CNBC Daily Open: Are markets overly optimistic?

CNBC Daily Open: Are markets overly optimistic?

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 1, 2023. 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 are. … Read more

Chance of Biden dropping out of presidental race is 40%, Stifel says

Chance of Biden dropping out of presidental race is 40%, Stifel says

There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington policy strategist, is out with a research note that calls it a “make or break week” for the president’s campaign as Congress returns from its Fourth of July recess. “There’s a 60% chance, more likely … Read more

Joe Biden fundraising signs of weakness post debate

Joe Biden fundraising signs of weakness post debate

U.S. President Joe Biden boards Air Force One at Dover Air Force Base in Dover, Delaware, U.S., June 20, 2024.  Amanda Andrade-rhoades | Reuters President Joe Biden’s fundraising operation started showing cracks in its once formidable armor, almost 10 days after his disastrous presidential debate performance. Some of Biden’s campaign bundlers have stopped making calls … Read more

No entitlement cuts, light on abortion

No entitlement cuts, light on abortion

The Republican Party’s platform committee on Monday adopted a plank drafted by aides to Donald Trump, whose new language softens the GOP’s prior stances on marriage and abortion while rattling off a series of utopian economic promises. Among those are vows to “end inflation,” make the U.S. a “manufacturing superpower” and deliver “large tax cuts … Read more

Republicans move at Trump’s behest to change how they will oppose abortion, AP sources say

Republicans move at Trump’s behest to change how they will oppose abortion, AP sources say

MILWAUKEE — The Republican National Committee’s platform committee has adopted a policy document that reflects former President Donald Trump’s position opposing a federal abortion ban and ceding limits to states, omitting a national ban for the first time in 40 years. The committee, according to two people briefed on the language, agreed on language that, … Read more

Biden blasts ‘elites’ urging him to exit race in surprise interview

Biden blasts ‘elites’ urging him to exit race in surprise interview

President Joe Biden arrives to speak to supporters and volunteers during a campaign stop at a Biden-Harris campaign election office in Harrisburg, Pennsylvania, on July 7, 2024.  Saul Loeb | Afp | Getty Images President Joe Biden defended his place at the top of the Democratic ticket Monday in a surprise television interview on MSNBC’s … Read more

French left-wing shock victory, Boeing guilty plea

French left-wing shock victory, Boeing guilty plea

Traders work on the floor of the New York Stock Exchange, June 14, 2023. Spencer Platt | 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. Like what you see? You … Read more

Macron’s French snap election gamble ‘did not pay off’, professor says

Macron’s French snap election gamble ‘did not pay off’, professor says

People gather to celebrate the victory of the left-wing union after the partial results of the second round of the French parliamentary elections in Paris, France on July 07, 2024. Luc Auffret | Anadolu | Getty Images The gamble that French President Emmanuel Macron took when he called a snap election has not paid off, … Read more

What a hung parliament in France could mean for markets

What a hung parliament in France could mean for markets

Participants gesture as they stand with a giant banner which reads as “France is the fabric of migration” during an election night rally following the first results of the second round of France’s legislative election, at Place de la Republique in Paris on July 7, 2024. Emmanuel Dunand | Afp | Getty Images Initial indications … Read more

CNBC Daily Open: French far-right advance blocked

CNBC Daily Open: French far-right advance blocked

Unexpected far-left victory in French run-off, estimates project, S&P 500 hits 34th record close, bitcoin sinks on Mt. Gox refund Angela Weiss | AFP | 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 … Read more