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CNBC Daily Open: Despite cooler-than-expected CPI, economists agree higher prices are coming
World

CNBC Daily Open: Despite cooler-than-expected CPI, economists agree higher prices are coming

David Solomon, CEO of Goldman Sachs, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025. Gerry Miller | CNBC Don’t mess with DJ D-Sol — Goldman Sachs CEO David Solomon’s stage name when he’s rocking the clubs in his other life as a DJ. U.S. President Donald […]

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Asia-Pacific markets set to open mixed as investors bet on Fed rate cut
World

Asia-Pacific markets set to open mixed as investors bet on Fed rate cut

CNBC Pro: Buy or avoid India’s IT stocks after recent job cuts? 3 pros share their take Here are the opening calls for the day Good morning from Singapore. Investors are awaiting the release of a slew of employment-related data from Australia. Economists polled by Reuters expect an increase of 25,000 employed individuals in July, […]

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Asia-Pacific markets set for mixed open ahead of RBA rate decision, key U.S. inflation data
World

Asia-Pacific markets set for mixed open ahead of RBA rate decision, key U.S. inflation data

U.S. futures mostly move up in early Asia hours Here are the opening calls for the day Good morning from Singapore. The U.S.-China trade truce extension overnight has allowed the world’s largest economies more room to negotiate a deal. Investors, meanwhile, await the Australian central bank’s rate decision. The Reserve Bank of Australia is expected […]

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These are the most overbought stocks in the market, including Apple and Alphabet
World

These are the most overbought stocks in the market, including Apple and Alphabet

Stocks including Apple and Alphabet may be among some of Wall Street’s most overbought stocks — and could be soon due for a pullback, according to one widely used technical metric. The three major averages all climbed higher this week, with the tech-heavy Nasdaq Composite ‘s 3.9% gain leading the way. The S & P […]

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Inflation data takes the spotlight next week on Wall Street
World

Inflation data takes the spotlight next week on Wall Street

Suddenly, Wall Street cares about inflation again. After taking a backseat to the jobs report earlier this year, inflation data will take center stage next week as investors try to discern whether the Federal Reserve will cut in September. The latest consumer price index is set to release Tuesday, and the producer price index is […]

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Asia-Pacific markets trade mixed as two key Wall Street benchmarks fall
World

Asia-Pacific markets trade mixed as two key Wall Street benchmarks fall

Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Friday. As of 8:12 a.m. Singapore time (8:12 p.m. ET Thursday), Japan’s Nikkei 225 benchmark rose 1.18% while the broader Topix index added 0.87%. In South Korea, the Kospi index fell 0.13% while the small-cap Kosdaq increased by 0.65%. Over in Australia, the S&P/ASX 200 benchmark was down […]

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Stock futures rise after Dow posts a loss in Thursday’s trading: Live updates
World

Stock futures rise after Dow posts a loss in Thursday’s trading: Live updates

Traders work on the floor of the New York Stock Exchange during morning trading on August 05, 2025 in New York City. Michael M. Santiago | Getty Images News | Getty Images U.S. stock futures ticked higher on Thursday night after the Dow Jones Industrial Average logged its second losing day in the past three. […]

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Asia markets set to open lower as investors weigh Trump’s vow on fresh chip tariffs
World

Asia markets set to open lower as investors weigh Trump’s vow on fresh chip tariffs

U.S. equity futures ticked up in early Asia hours Here are the opening calls for the day Good morning from Singapore. Investors will be keeping a close watch on chip stocks following U.S. President Donald Trump’s vow to impose 100% tariffs on imported semiconductors and chips, unless they are made by companies “building in the […]

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Stock futures tick higher as traders weigh Trump’s call for 100% tariff on chips: Live updates
World

Stock futures tick higher as traders weigh Trump’s call for 100% tariff on chips: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 6, 2025. Jeenah Moon | Reuters Stock futures inched higher Wednesday night as traders mulled over President Donald Trump’s announcement of a new steep tariff on imports of semiconductors and chips. Futures tied to the Dow Jones […]

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Trump contorts timeline of jobs report revisions in effort to justify firing BLS chief
Politics

Trump contorts timeline of jobs report revisions in effort to justify firing BLS chief

President Donald Trump has tried to justify firing former Bureau of Labor Statistics Commissioner Erika McEntarfer by claiming that her agency’s gold standard employment reports were “rigged” in order to harm him politically. Trump has provided no evidence to support his allegation. Nonetheless, he has repeatedly claimed that the BLS issued “phony” strong-looking jobs numbers […]

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