Economic events
European markets head for broadly higher open; UK inflation and economy in focus
European stocks are expected to open in broadly higher territory Wednesday ahead of a U.K.-focused day for markets. The U.K.’s FTSE 100 index is expected to open 4 points higher at 8,673, Germany’s DAX up 38 points at 23,142, France’s CAC 6 points higher at 8,108 and Italy’s FTSE MIB 87 points higher at 38,769, according […]
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U.K. inflation cools to 2.8% in February but respite could be short-lived
Crowds of shoppers and visitors out on Oxford Street on 28th August 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images The U.K.’s inflation rate fell slightly to 2.8% in February, coming in just below analyst expectations, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists […]
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Why oil companies may not love Pres. Trump’s ‘drill, baby, drill’ agenda
President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the plan. “Right now, with low oil prices, I think we’re going to start to see a lot of companies starting to pare back on their capital spending,” said Clark Williams-Derry, an energy finance […]
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Asia-Pacific markets set to open mixed after Wall Street rallies on expectations of softer tariffs
Tien Nguyen | 500px Plus | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained on hopes that U.S. President Donald Trump’s tariffs could be be softer than expected. Australia’s S&P/ASX 200 started the day 0.63% higher. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day. […]
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It’s time to buy when markets reach ‘peak uncertainty.’ Are we there yet?
Every investor knows, or should, that the moment of maximum uncertainty is a time to buy. The only trick, then, is discerning when we’ve reached peak uncertainty. The stifling lack of clarity about the breadth or severity of the Trump administration’s promised “reciprocal” tariffs due on April 2 is the obvious eye of this uncertainty […]
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Tariff uncertainty will continue to roil markets next week, along with key inflation data
Any rally in the stock market next week is unlikely to be sustainable until there’s clarity on the tariff front, something investors won’t get until April 2nd when a number of levies are expected to take effect. Stocks have bounced somewhat from their oversold condition this week, after a surprisingly dovish tone out of the […]
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CNBC Daily Open: Damage from tariffs and DOGE cuts is growing visible
A delivery rider passes by a Nike retail store on Dec. 29, 2024, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate earnings. Nike reported earnings Thursday, and cautioned that it expects sales in its current […]
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China’s property market edges toward an inflection point
Key Points UBS analysts on Wednesday became the latest to raise expectations that China’s struggling real estate market is close to stabilizing. Existing home sales in five major Chinese cities have climbed by more than 30% from a year ago on a weekly basis as of Wednesday, according to a CNBC analysis of data accessed […]
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CNBC Daily Open: DOGE cuts and tariffs hit Accenture and Nike hard
Nike’s “Just Do It” ad slogan on Feb. 5, 2025, in London, England. Richard Baker | In Pictures | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate numbers. Nike reported earnings Thursday, and cautioned that it expects sales in its current quarter to plunge because […]
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S&P 500 seesaws as benchmark tries to continue comeback from monthlong rout: Live updates
Traders work on the floor at the New York Stock Exchange on March 20, 2025. Brendan McDermid | Reuters The S&P 500 fell on Thursday as the index attempted to build on the previous session’s strong gains, while some solid housing data assuaged some concerns about the U.S. economy falling into a recession. The S&P […]
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