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Here’s what happened to financial markets after Nixon pressured the Fed
World

Here’s what happened to financial markets after Nixon pressured the Fed

Investors wondering what President Donald Trump’s move to fire Federal Reserve Governor Lisa Cook might mean for financial markets today can look back half a century for some insight. President Richard Nixon, aiming to clinch a second term in the White House, pressured then-Fed Chair Arthur Burns to loosen monetary policy before the 1972 election. […]

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Stock futures are little changed after major averages fall to start week: Live updates
World

Stock futures are little changed after major averages fall to start week: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2025. Brendan McDermid | Reuters U.S. stock futures were little changed Monday night after the major averages slid to start the week, with investors awaiting Nvidia’s earnings and the Federal Reserve’s preferred inflation gauge in the […]

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Santoli’s Monday market wrap-up: Stocks regroup after ‘risk-on’ rally
World

Santoli’s Monday market wrap-up: Stocks regroup after ‘risk-on’ rally

(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) Stocks regroup after Friday’s broad and emphatic “risk-on” rally, responding to the increased likelihood that the Federal Reserve will resume cutting interest rates next month into a still-steady economy with equity indexes near […]

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CNBC Daily Open: All roads lead to Jerome Powell
World

CNBC Daily Open: All roads lead to Jerome Powell

Federal Reserve Chairman Jerome Powell is seen walking in Grand Teton National Park near Jackson Hole, Wyoming, on August 22, 2025. Natalie Behring | Getty Images News | Getty Images Since inflation in America peaked at 9.1% in June 2022, the U.S. Federal Reserve has made controlling price increases — by keeping interest rates high […]

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Stock futures are little changed after Dow’s record close, as traders await Nvidia earnings: Live updates
World

Stock futures are little changed after Dow’s record close, as traders await Nvidia earnings: Live updates

A trader reacts on the floor at the New York Stock Exchange in New York City, U.S., August 22, 2025. Brendan McDermid | Reuters U.S. equity futures were flat on Sunday night after the Dow Jones Industrial Average catapulted to new intraday and closing records and as investors looked ahead to Nvidia earnings. Futures tied […]

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Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most
Finance

Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most

It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson […]

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Buy these outperforming stocks with room to run, says UBS
World

Buy these outperforming stocks with room to run, says UBS

As earnings season winds down, investors should be on the lookout for some stocks that might still have room for upside, according to UBS. Stocks rallied on Friday , spurred by Federal Reserve Chair Jerome Powell’s comments in Jackson Hole, Wyo. that suggested the central bank may begin adjusting its policy stance . Even with […]

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Stocks making the biggest moves midday: Microchip Technology, Builders FirstSource, Zoom Communications and more
Finance

Stocks making the biggest moves midday: Microchip Technology, Builders FirstSource, Zoom Communications and more

Here are some of the stocks posting the biggest moves in midday trading Friday: Mohawk Industries , Builders FirstSource — Home construction plays jumped after Federal Reserve Chair Jerome Powell hinted that rate cuts could be around the corner, sparking hopes for lower borrowing costs. Builders FirstSource jumped 8%, while flooring company Mohawk Industries added […]

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Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
World

Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’

Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of uncertainty that is making the job difficult for monetary policymakers. In his much-anticipated speech at the Fed’s annual conclave in Jackson Hole, Wyoming, the central bank leader in prepared remarks cited […]

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S&P 500 futures are little changed as investors await retail earnings, Fed minutes: Live updates
World

S&P 500 futures are little changed as investors await retail earnings, Fed minutes: Live updates

Private equity stocks languish in August President Donald Trump’s move to grant savers greater access to alternative assets in 401(k) plans hasn’t been enough to spare private equity stocks from a rocky August. Blackstone, KKR, Apollo and Ares Management are on pace to snap multi-month winning streaks. All four of the names are down between […]

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