Markets
Markets across Asia rebound; Chinese markets set to extend gains
Red flags fly at Tiananmen Square in Beijing, China, on Wednesday, July 10, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets rose on Thursday, with markets in the region rebounding and Chinese markets poised to extend gains. Mainland China’s CSI 300 has notched a five-day winning streak, hitting its highest levels in almost two […]
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Dow futures are little changed after index breaks four-day winning run: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Futures tied to the Dow Jones Industrial Average were little changed on Wednesday night after the index broke a four-day win streak. Dow futures fell by 28 points, or 0.7%. S&P 500 futures were unchanged. Nasdaq 100 futures climbed 0.21%, boosted higher by […]
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Stocks making the biggest moves after hours: Micron Technology, H.B. Fuller and more
Check out the companies making headlines after the bell : Micron Technology — The semiconductor manufacturer soared 13% after issuing strong guidance for the current quarter. The company sees fiscal first-quarter adjusted earnings coming in at roughly $1.74 per share and revenue of around $8.70 billion. Analysts polled by LSEG called for earnings per share […]
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A key chart breakout by this materials stock suggests more upside to come
While gold and silver have been on a tear in August and September, one leading copper miner has struggled to find support. But improved price action this week suggests Freeport-McMoRan, Inc. (FCX) may be poised for further upside into the fourth quarter. Before we get this week’s breakout, we first need to understand how the […]
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Goldman recommends buying Tesla call options before two big catalysts in October
October promises to be a busy news month for Tesla , and that makes the electric vehicle stock a strong candidate for an options trade, according to Goldman Sachs. Tesla is slated to report its third-quarter delivery numbers next week, followed by a long-awaited robotaxi event on Oct. 10. John Marshall of Goldman’s derivatives research […]
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Stocks making the biggest moves midday: Flutter Entertainment, Hewlett Packard Enterprise and more
Check out the companies making headlines in midday trading: Flutter Entertainment — The sports betting stock rose more than 6% after the FanDuel parent announced a share buyback program of up to $5 billion. The company also forecasts total revenue growth of about $21 billion in 2027. Hewlett Packard Enterprise — The tech stock jumped […]
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Stocks making the biggest moves premarket: KB Home, Hewlett Packard Enterprises, General Motors and more
Check out the companies making headlines before the bell. Progress Software – The tech stock advanced nearly 7% after better-than-expected fiscal third-quarter results. Progress posted adjusted earnings of $1.26 per share on revenue of $178.7 million. Analysts polled by FactSet were expecting $1.14 per share on revenue of $176.2 million. KB Home – Shares plunged […]
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China needs more than rate cuts to boost economic growth
Key Points China’s slowing economy needs more than interest rate cuts to boost growth, analysts said. “We will need a major fiscal policy support to see higher CNY government bond yields,” said Edmund Goh, head of China fixed income at abrdn. There’s still a 1 trillion yuan shortfall in spending if Beijing is to meet […]
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CNBC Daily Open: It might be better economic data isn’t all rosy
People shop at a home improvement store on August 14, 2024, in New York City. Spencer Platt | 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 what you see? […]
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Asia-Pacific markets set for mixed open; Hong Kong’s Hang Seng poised to rise 4%
A General view showing the Hong Kong Skyline in Hong Kong, Saturday, May 22, 2021. (Photo by Vernon Yuen/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Asia-Pacific markets were set to open mixed on Wednesday, with futures for Hong Kong’s Hang Seng Index suggesting a 4% rise for the index at open. HSI […]
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