‘Roaring Kitty’ gets chewed up, Nasdaq hits record

‘Roaring Kitty’ gets chewed up, Nasdaq hits record

Nasdaq closes at record high, Paramount streaming service on the block, ‘Roaring Kitty’ takes 6.6% Chewy stake Johannes Eisele | 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 where they are. … Read more

‘Roaring Kitty’ gets chewed up

‘Roaring Kitty’ gets chewed up

Traders work on the floor of the New York Stock exchange during morning trading on Nov. 10, 2023 in New York City. Michael M. Santiago | Getty Images What you need to know today This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more

Estee Lauder gets rating and price target cuts on China struggles

Estee Lauder gets rating and price target cuts on China struggles

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Top heavy : Stocks were on pace for a higher close Monday in what has been a volatile session for both equities and bonds. The 10-year … Read more

10-year Treasury yield dives below 4.3% on slowing inflation, new Fed update

10-year Treasury yield dives below 4.3% on slowing inflation, new Fed update

U.S. Treasury yields fell Wednesday after the Federal Reserve indicated it was making inroads on inflation following a cool May CPI report. The yield on the 10-year Treasury dropped nearly 11 basis points to 4.295%. The 2-year Treasury yield sank 9 basis points to 4.746%. Yields and prices have an inverted relationship and one basis … Read more

Investors look to Fed meeting, inflation data

Investors look to Fed meeting, inflation data

U.S. Treasury yields were higher on Monday as investors looked ahead to the Federal Reserve’s monetary policy meeting and key inflation data due this week. The yield on the 10-year Treasury was up nearly 4 basis points at 4.465%. The 2-year Treasury yield was last 1 basis point higher at 4.883%. Yields and prices move … Read more

Yields shoot higher after May payrolls top expectations

Yields shoot higher after May payrolls top expectations

The yield on the 10-year Treasury surged Friday as investors assessed a strong nonfarm payrolls number for May that fueled concerns that the Federal Reserve may not cut rates as soon as expected. The yield on the 10-year Treasury jumped nearly 15 basis points to 4.43%. The 2-year Treasury yield rose about 17 basis points … Read more

Euro zone bond yields rise after ECB delivers ‘hawkish’ cut

Euro zone bond yields rise after ECB delivers ‘hawkish’ cut

A man shelters from the rain under an umbrella as he walks past the Euro currency sign in front of the former European Central Bank (ECB) building in Frankfurt am Main, western Germany. Kirill Kudryavtsev | Afp | Getty Images Euro zone government bond yields extended gains Thursday afternoon, shortly after the European Central Bank … Read more

Rates on federal student loans may increase by 1 percentage point

Rates on federal student loans may increase by 1 percentage point

Morsa Images | Digitalvision | Getty Images As a result, federal student loan rates may increase in the 2024-2025 academic year, according to an estimate by higher education expert Mark Kantrowitz. The rate could go up by 1 percentage point. “This is a fairly big jump,” Kantrowitz said. Here’s what borrowers need to know. What … Read more

10-year Treasury yield falls after April jobs data

10-year Treasury yield falls after April jobs data

U.S. Treasury yields were lower Monday, continuing a fall after Friday’s April jobs report showed weaker-than-expected payrolls growth and an unexpected tick higher in unemployment. The yield on the 10-year Treasury was off 2 basis points to 4.4975%. The 2-year Treasury yield was slightly lower to 4.8056%. Yields and prices move in opposite directions. One … Read more

U.S. Treasury yields fall on key inflation data

U.S. Treasury yields fall on key inflation data

The U.S. 10-year Treasury yield fell Friday as traders parsed the closely watched inflation data released earlier in the day. The 10-year Treasury yield slipped around 4 points to 4.667%. The yield on the 2-year Treasury lost almost a basis point to trade at, 4.987%. Yields and prices move in opposite directions and one basis … Read more