Economic events
S&P 500 futures are little changed after stocks pull back to start new week: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on September 23, 2024 in New York City. Michael M. Santiago | Getty Images Stock futures are modestly higher on Monday night, following a losing day on Wall Street as rising oil prices and bond yields weighed on markets. Dow Jones […]
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No case for more jumbo rate cuts by the Fed, strategists say
A television broadcasts the Federal Reserve’s interest rate cut on the floor of the New York Stock Exchange on Sept. 18, 2024. Michael Nagle | Bloomberg | Getty Images There is no case for more 50-basis-point rate cuts by the Federal Reserve, veteran market strategists told CNBC, saying the latest U.S. jobs data implies the […]
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European markets turn lower after starting the new trading week with positive momentum
A stock trader looks at his monitors in the trading room of the Frankfurt Stock Exchange. Worries about a new coronavirus mutation in southern Africa have dealt a major blow to the German stock market. Arne Dedert | Picture Alliance | Getty Images LONDON — European stocks started the new trading week on a positive […]
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CNBC Daily Open: September’s blockbuster jobs report changes the calculus
More than 75 employers were taking resumes and talking to prospective new hires at a career fair in Lake Forest, CA on Wednesday, February 21, 2024. Paul Bersebach | Medianews Group | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on […]
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‘Next dragon’: Fund manager names an under-the-radar, ‘very cheap’ market to play right now
Growing labor market participation, a pickup in consumer demand and economic growth are among the reasons why emerging markets have been in the spotlight this year. Emerging markets on the MSCI list include Brazil, China, Greece, India, Indonesia, South Korea, Malaysia, Mexico, the Philippines, Qatar and Thailand. One fund manager, however, is looking outside that […]
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Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
A hiring sign is posted on the exterior of Urban Outfitters at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. Anna Rose Layden | Getty Images September’s outsized payrolls boost takes the U.S. economy out of the shadows of recession and gives the Federal Reserve a fairly open glide path to […]
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China’s stimulus rally has already sent stocks up 25%. And there could be more to come
SHANGHAI, CHINA – MARCH 7, 2023 – The Oriental Pearl Tower, Shanghai Tower, Jinmao Tower and World Financial Center are seen on Lujiazui Street, Shanghai, China, March 7, 2023. Future Publishing | Future Publishing | Getty Images China stocks will keep rising after markets in the mainland reopen following the Golden Week break, analysts predicted. […]
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Helene recovery could cost $34 billion. Here’s who might pay for it.
An aerial picture taken on September 28, 2024, shows storm damage in the aftermath of Hurricane Helene in Valdosta, Georgia. John Falchetto | Afp | Getty Images The devastation wrought by Hurricane Helene across the southeastern United States could cost upwards of $34 billion, according to early estimates from Moody’s Analytics. And due to the […]
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CNBC’s Inside India newsletter: The ‘sticky’ outsourcing firms on the rise
This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big story India has long been the destination for companies in developed markets to outsource labor […]
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CNBC Daily Open: Buffeted by Middle East, propelled by China
Customers at a restaurants on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like […]
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