Stoxx 600 gains, S&P 500 chases high

Stoxx 600 gains, S&P 500 chases high

LONDON — European stocks started the final session of 2023 higher, marking a positive end to a solid year. The regional Stoxx 600 index was up 0.18% shortly after the open, with all sectors in the green except oil and gas, which slipped 0.2%. Thin trade is expected, while London markets close early. The blue-chip … Read more

Will the S&P end 2023 on a record high?

Will the S&P end 2023 on a record high?

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 new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Baidu says its ChatGPT rival Ernie bot has more than 100 million users

Baidu says its ChatGPT rival Ernie bot has more than 100 million users

HANGZHOU, CHINA – NOVEMBER 23: People learn about Baidu’s artificial intelligence (AI) chatbot service ERNIE Bot during the 2nd Global Digital Trade Expo at Hangzhou International Expo Center on November 23, 2023 in Hangzhou, Zhejiang Province of China. (Photo by Wang Gang/China News Service/VCG via Getty Images) China News Service | China News Service | … Read more

Asia’s best-performing market of 2023 — how will it fare in the new year?

Asia’s best-performing market of 2023 — how will it fare in the new year?

A screen displays the Nikkei 225 Stock Average figure at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Oct. 30, 2023. The expansion of Israel’s ground operations in Gaza added more pressure to global markets as investors prepare for a busy week packed with major central … Read more

Investors in 2024 – A New CNBC Delivering Alpha Stock Survey

Investors in 2024 – A New CNBC Delivering Alpha Stock Survey

A Christmas tree stands in front of the New York Stock Exchange (NYSE) in New York on December 1, 2023. Angela Weiss | Afp | Getty Images In the final CNBC’s Delivering Alpha Stock Survey poll of the year, the 300 investors, traders and money managers surveyed are behind Jerome Powell and the Federal Reserve.  … Read more

Investor Michael Farr is back with his top 10 stocks he’s buying for 2024, and the tilt is defensive

Investor Michael Farr is back with his top 10 stocks he’s buying for 2024, and the tilt is defensive

Traders work on the floor of the New York Stock Exchange (NYSE) on the first day back since the Christmas holiday on December 26, 2023 in New York City.  Spencer Platt | Getty Images News | Getty Images In each of the past 16 Decembers I have selected and invested personally in 10 of the … Read more

Boeing urges inspections of 737 Max planes for ‘possible loose bolt’

Boeing urges inspections of 737 Max planes for ‘possible loose bolt’

The Boeing 737 MAX aircraft is displayed at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. Peter Cziborra | Reuters Boeing is urging airlines to inspect 737 Max planes to look for a “possible loose bolt” in the rudder control system, the latest quality issue to affect the manufacturer’s best-selling jetliner. The manufacturer … Read more

Startup bubble fueled by Fed cheap money policy finally burst in 2023

Startup bubble fueled by Fed cheap money policy finally burst in 2023

Scooters take over SXSW in Austin, TX As the last decade came to an end, it was easy for a young engineer to hop on a Bird scooter and ride it to a nearby WeWork office, home to the hottest new crypto startup. Then came Covid. Electric scooters and coworking spaces were no longer important, … Read more

China’s Xiaomi unveils first EV in bid to compete with Porsche, Tesla

China’s Xiaomi unveils first EV in bid to compete with Porsche, Tesla

Chinese smartphone company Xiaomi revealed on Dec. 28, 2023, its forthcoming electric car, the SU7 sedan. CNBC | Evelyn Cheng BEIJING — Chinese consumer electronics company Xiaomi on Thursday detailed plans to enter China’s oversaturated electric vehicle market and compete with automaker giants Tesla and Porsche with a car model it says it spent more … Read more

Global stocks search for new highs

Global stocks search for new highs

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 13, 2023. Staff | Reuters LONDON — European stocks were little changed on Thursday as global markets search for new record highs to close out the year. The pan-European Stoxx 600 index hovered around the flatline after an … Read more