Workers at the construction site of resettlement housing in Huai ‘an city, Jiangsu province, China, June 17, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets were mostly lower on Thursday as China kept its one- and five-year loan prime rates unchanged. The one-year loan prime rate serves as a benchmark for most corporate … Read more
Cherry trees in bloom near the Nippon Budokan in Tokyo, Japan, on Sunday, April 7, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly rose after key U.S. benchmark indexes hit fresh highs overnight as artificial intelligence chip firm Nvidia overtook Microsoft as the most valuable public company. Shares of the chipmaker jumped 3.5% overnight on … Read more
A pedestrian and jogger pass the Reserve Bank of Australia (RBA) building, during a partial lockdown imposed due to the coronavirus, in Sydney, Australia, on Monday, May 18, 2020. David Gray | Bloomberg | Getty Images Asia-Pacific markets were set to open higher on Tuesday, ahead of the Reserve Bank of Australia’s rate decision and … Read more
10 things to watch Monday, June 17 Markets were indicated for a muted open Monday following a mixed session Friday that saw the S & P 500 and the Dow dip while the Nasdaq edge higher to close at another record high. For the week: The tech-heavy Nasdaq gained 3.2%, while the S & P … Read more
A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. Ying Tang | NurPhoto | Getty Images Asia-Pacific markets are all lower on Monday as the region looks to key economic data out from China. The world’s second-largest economy will release May numbers for its retail sales, … Read more
Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified approach than simply looking at index funds such as the S&P 500. He thinks his firm’s exchange-traded fund strategy can provide better returns in the long run, emphasizing companies … Read more
The Nasdaq Composite inched higher Friday to claim its fifth straight record close, as new data this past week showed a continued cooling of inflation and Treasury yields retreated. For the week: The tech-heavy Nasdaq gained 3.2%, while the S & P 500 rose 1.6% and the Dow Jones Industrial Average fell 0.5%. Economic updates … Read more
The Bank of Japan (BOJ) headquarters is seen beyond the cherry blossoms in Tokyo on March 20, 2023. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets were largely range bound on Friday ahead of the Bank of Japan’s rate decision. Economists polled by Reuters expect the BOJ will maintain its benchmark interest rate at … Read more
A Swiggy delivery agent as seen in Kolkata , India , on 3 July 2023 . Famous food delivery company Swiggy faced a loss over 80% in 2022 according to investor filling. (Photo by Debarchan Chatterjee/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter … Read more
The S & P 500 and Nasdaq extended their record rallies this week following cooler-than-expected consumer inflation data Wednesday morning. While Fed rate cuts would likely benefit the overall stock market, several names in the CNBC Investing Club portfolio — from housing plays to autos to biotech — could really get a boost. Connecting the … Read more
