Markets
CNBC Daily Open: Traders on edge despite reserve hopes
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., March 9, 2026. Brendan McDermid | Reuters What you need to know today Oil continued its wild ride Tuesday, closing more than 11% lower, as traders believed a group of countries would tap emergency crude reserves to mitigate […]
Read More
Stocks making the biggest moves midday: Rivian, Hims & Hers, BioNTech, Vertex Pharmaceuticals & more
Check out some of the companies making the biggest moves midday: Hims & Hers Health — Shares of the telehealth company jumped 3%. Bank of America upgraded the stock to neutral from underperform after Novo Nordisk dropped its patent infringement case against Hims, and the companies agreed that Hims would sell Novo’s Ozempic and Wegovy […]
Read More
IEA countries to meet later Tuesday on release of oil reserves, but no decision made yet
The International Energy Agency will convene an extraordinary meeting of its member countries Tuesday to discuss a possible release of oil stockpiles to address the supply disruption triggered by the Iran war. The more than 30 members will “assess the current security of supply and market conditions to inform a subsequent decision on whether to […]
Read More
10-year Treasury yield is little changed as oil tumbles after Trump warns Iran over Hormuz flows
The 10-year Treasury yield was little changed on Tuesday as oil prices tumbled after President Donald Trump warned that Iran would be hit “TWENTY TIMES HARDER” if it attempted to halt shipments through the Strait of Hormuz. The yield on the 10-year Treasury fell more than 1 basis point to 4.117%. The 30-year Treasury bond rose more […]
Read More
Spirit Airlines to recall furloughed pilots to combat attrition as carrier eyes bankruptcy exit
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines is calling back all furloughed pilots after higher-than-expected attrition has strained its operation, according to a company memo, which was reviewed […]
Read More
Trump’s war predictions, Pershing Square files for IPO, Anthropic’s lawsuit and more in Morning Squawk
1. The magic words US President Donald Trump speaks during a press conference at Trump National Doral in Miami, Florida, on March 9, 2026. Saul Loeb | AFP | Getty Images Wall Street witnessed a stunning midday recovery yesterday after President Donald Trump indicated the U.S.-Iran war could be over soon. Trump told a CBS […]
Read More
Surging oil prices could wipe out benefits from Trump’s ‘big beautiful bill’
Key Points Raymond James estimates that what consumers pay in higher gas prices could total exactly what they’re set to gain with the tax changes under President Donald Trump’s “big beautiful bill.” The stimulus was expected to boost both the U.S. economy and markets in 2026. While consumers may not get as much of a […]
Read More
Stocks making the biggest moves premarket: Kohl’s, Casey’s General Stores, Vertex Pharmaceuticals and more
Check out the companies making headlines before the bell: Kohl’s — Shares tumbled 9% after the retailer posted disappointing fourth-quarter revenue of $4.97 billion, below the LSEG consensus of $5.03 billion. On the other hand, fourth quarter earnings of $1.07 per share exceeded the expected 85 cents per share. Casey’s General Stores — The convenience […]
Read More
Stock futures rise as traders weigh Trump’s signal that Iran war may soon end: Live updates
Stock futures reversed course to tick higher early Tuesday after major averages swung sharply in a volatile session and traders kept a close eye on the latest developments out of Iran. Futures tied to the Dow Jones Industrial Average added 197 points, or 0.4%. S&P 500 futures jumped 0.4%, while Nasdaq 100 futures gained 0.5%. […]
Read More
As the Iran war upends energy flows, Russia is emerging as the real winner
General view of Orsknefteorgsintez oil refinery in the city of Orsk, Orenburg region, Russia Aug. 28, 2025. Stringer | Reuters Russia is shaping up to be a major beneficiary of the war between U.S.-Israel and Iran, as higher oil prices and temporary sanctions relief boost the value and volume of its crude exports, analysts told […]
Read More