Stocks’ attempt at extending the post-Fed rally failed on Thursday, with all three major averages notching modest losses. Here’s what CNBC is watching Friday.
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Friday’s big stock stories: What’s likely to move the market in the next trading session
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Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows
Prices that people pay for a variety of goods and services rose less than expected in September, according to a Bureau of Labor Statistics report Friday that is the only official economic data allowed to be released during the government shutdown. The consumer price index showed a 0.3% increase on the month, putting the annual […]
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What a cut in Reliance’s Russian crude purchases would mean for India
The Reliance Industries Ltd. oil refinery in Jamnagar, Gujarat, India, on Saturday, July 31, 2021. Bloomberg | Bloomberg | Getty Images India’s largest private oil refiner Reliance Industries is reportedly halting purchases of Russian crude, following the U.S.’ decision to sanction Russia’s two largest oil companies, Rosneft and Lukoil. Reliance has become a major buyer […]
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Hedge fund assets reach historic $5 trillion as quarterly capital flows hit 18-year high
A member of staff poses next to trading boards at the London Stock Exchange on April 25, 2025 in London, England. Carl Court | Getty Images News | Getty Images The amount of money managed by hedge funds has reached an all-time high of $5 trillion, fueled by a surge in capital allocations in the […]
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