CNBC Daily Open: The S&P stages a comeback

CNBC Daily Open: The S&P stages a comeback



The S&P 500 shook off the December doldrums to touch a new intraday high of 6,100.81 on Thursday. It’s also just a hair away from its all-time closing high.



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Qantas shares surge to record high as profit jumps on robust travel demand
World

Qantas shares surge to record high as profit jumps on robust travel demand

A Qantas Airways Boeing 737 aircraft takes off from Sydney International Airport in Sydney on August 18, 2025. David Gray | Afp | Getty Images Shares of Australian flag carrier Qantas rose to a record high Thursday after its full-year earnings results beat estimates, buoyed by resilient demand across its domestic and international networks. Qantas […]

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Bank of Korea keeps rates unchanged on Seoul’s housing market risks; upgrades GDP and inflation forecasts
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Bank of Korea keeps rates unchanged on Seoul’s housing market risks; upgrades GDP and inflation forecasts

Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images South Korea’s central bank kept its policy rate unchanged at 2.5% for its second straight meeting to assess housing prices in the capital further, after prices […]

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CNBC Daily Open: Are investors missing the Nvidia forest for the AI tree?
World

CNBC Daily Open: Are investors missing the Nvidia forest for the AI tree?

An Nvidia chip is seen through a magnifying glass in Beijing, China, on August 1, 2025. Vcg | Visual China Group | Getty Images Market watchers might be perplexed by the seemingly contradictory moves of Nvidia’s shares in extended trading. The company beat expectations for its second-quarter results, and its forward revenue guidance also surpassed […]

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