US President Joe Biden speaks about the economy and the deal between the United Auto Workers (UAW) Union and the big-three automakers, in Belvidere, Illinois, on November 9, 2023. Olivier Douliery | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to … Read more
A customer visits a supermarket in San Mateo, California, on Dec. 12, 2023. Li Jianguo | Xinhua News Agency | 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 … Read more
EW Scripps CEO Adam Symson Source: EW Scripps Local TV station owners including Sinclair, TEGNA and EW Scripps all saw their valuations plummet this week after Disney, Warner Bros. Discovery and Fox announced a new sports joint venture set to launch this fall. Sinclair dropped 12% Wednesday, TEGNA fell 7.2% and Scripps plummeted 24% as … Read more
The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | 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 they are. … Read more
Here are the most important news items that investors need to start their trading day: 1. Earnings juice A stronger-than-expected earnings season is driving U.S. stocks to new highs. The broad-based S&P 500 index rose about 0.8% on Wednesday, settling just below 5,000 to notch a record close. The Nasdaq Composite and Dow Jones Industrial … Read more
A sign is pictured above a branch of the New York Community Bank in Yonkers, New York, U.S., January 31, 2024. Mike Segar | Reuters T his 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 … Read more
Los Angeles Lakers forward LeBron James (23) during the NBA game between the Los Angeles Clippers and the Los Angeles Lakers on January 07, 2024, at Crypto.com Arena in Los Angeles, CA. Jevone Moore | Icon Sportswire | Getty Images The U.S. media world was rushing — panicking? — Wednesday to try to figure out … Read more
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. U.S. stocks climbed higher Wednesday as investors digested more corporate earnings releases. The Nasdaq was up 0.7%, leading gains among the three stock benchmarks. The S & P 500 … Read more
Here are the most important news items that investors need to start their trading day: 1. Reaching for rate cuts Stocks have pulled back from their record highs as doubts grow about how soon the Federal Reserve will start to cut interest rates. After the central bank held rates steady last week, Chair Jerome Powell … Read more
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC 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 can subscribe here. What you need to know today Stocks … Read more
