Jerome Powell
European markets higher ahead of Powell speech; Nestle down 1.65%
LONDON — European stocks were higher Friday as investors looked ahead to U.S. Federal Reserve Chair Jerome Powell’s speech later in the session from Jackson Hole, Wyoming. The Stoxx 600 index was up 0.26% by 1:23 p.m. London time, with all major bourses and the majority of sectors trading in the green. Utilities stocks rose 0.81%, while tech […]
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Stock futures rise with all eyes on Powell’s key Jackson Hole speech: Live updates
Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures rose Friday as traders await an all-important policy speech from Fed Chair Jerome Powell for any guidance on future rate cuts. Futures on the Dow Jones Industrial Average gained 157 points, or 0.4%. S&P 500 and Nasdaq-100 […]
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Treasury yields rise as traders await Powell remarks
The U.S. 10-year Treasury rose on Thursday as investors looked ahead to remarks from Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury climbed more than 5 basis points at 3.835%, while the yield on the 2-year Treasury added roughly 5 basis point higher at 3.976%. Yields and prices move in opposite directions. […]
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Stock futures rise marginally as traders await comments from Powell due later this week: Live updates
Deutsche Bank rises after announcing settlement for bulk of Postbank lawsuit claims U.S. shares of Deutsche Bank advanced more than 2% after announcing a settlement with many plaintiffs in a long-running case tied to its acquisition of Postbank. The German bank said it had come to agreements with more than 80 plaintiffs, which equates to […]
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European markets move higher as Fed minutes point to September cut
City of London skyline on 10th June 2024 in London, United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London. Mike Kemp | In Pictures | Getty Images LONDON — European stocks moved higher on Thursday as investors digested the […]
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Europe markets close higher with Fed in focus; UK net borrowing higher than expected
LONDON — European stock markets closed higher Wednesday, rebounding after snapping a long winning streak on Tuesday. The pan-European Stoxx 600 index provisionally closed 0.32% higher on Wednesday as nearly all sectors traded positive. Autos climbed 1.45% and mining stocks added 1.02%, while telecoms dipped 0.24%. The regional benchmark closed in the red on Tuesday, snapping a strong […]
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Europe markets close higher with Fed in focus; UK net borrowing higher than expected
LONDON — European stock markets closed higher Wednesday, rebounding after snapping a long winning streak on Tuesday. The pan-European Stoxx 600 index provisionally closed 0.32% higher on Wednesday as nearly all sectors traded positive. Autos climbed 1.45% and mining stocks added 1.02%, while telecoms dipped 0.24%. The regional benchmark closed in the red on Tuesday, snapping a strong […]
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CNBC Daily Open: A ‘crazy’ summer
Traders work on the floor of the New York Stock Exchange during morning trading on August 20, 2024 in New York City. Michael M. Santiago | 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 […]
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CNBC Daily Open: ‘Crazy’ summer
Traders work on the floor of the New York Stock Exchange during morning trading on Aug. 20, 2024. Michael M. Santiago | 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. […]
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Investors are doubling down on stocks — and there are 3 key reasons why
Investors are doubling down on stocks, shaking off fears of an economic slowdown in the U.S. which caused a sell-off earlier this month. Global stock markets fell sharply in early August after a rise in unemployment sparked fears that U.S. economic growth could slow more than expected. It led a number of investment banks to […]
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