Markets
Stocks making the biggest premarket moves: Boeing, Dell, Merck and more
Check out the companies making the biggest moves in premarket trading: Boeing — Shares jumped 4% after the aircraft maker reached a deal with a union that represents its factory workers, potentially avoiding a costly strike. MarineMax — Shares jumped 6% after Citi upgraded shares to buy from neutral. The firm highlighted the upside of […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Looking for a rebound Stock futures ticked higher Monday after equities tumbled last week. The S&P 500 dropped 4.3% for the period, its worst week since 2023. The Nasdaq Composite shed 5.8% in its poorest week since 2022, and […]
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Carry trade unwind could replicate August mayhem, suggests currency strategist, as yen strengthens
The Bank of Japan is largely expected to hold interest rates steady at the end of its 2-day meeting ending June 14, 2024. Seen here, the Japanese flag flying high at the BOJ headquarters in Tokyo. Kazuhiro Nogi | Afp | Getty Images The unwinding of the yen carry trade is expected to continue in […]
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CNBC Daily Open: Markets don’t always reflect the state of the economy
Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 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: Why markets aren’t always a good barometer for the economy
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 4, 2024. Brendan Mcdermid | Reuters 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 […]
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Huawei’s tri-fold phone gets 2.7 million pre-orders ahead of Apple’s iPhone 16 launch
Key Points Huawei has received more than 2.7 million pre-orders for its new, tri-fold smartphone, its website showed on Monday. The Chinese company began pre-orders for its Mate XT midday on Saturday. That was more than two days ahead of Apple’s planned iPhone 16 launch in the early morning Tuesday Beijing time. Source
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China’s CPI climbs 0.6% in August, missing expectations as transport, home goods prices fall
egetable prices in China have risen significantly this summer, with analysts pointing to high temperatures and frequent rainfall as the main reasons. Vcg | Visual China Group | Getty Images BEIJING — China on Monday reported its consumer price index rose by 0.6% year on year in August, missing expectations as costs of transportation and […]
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Asia-Pacific markets set to open lower after weak U.S. jobs report; Nikkei set to fall 3.5% at open
People look at the city’s skyline from the Bunkyo Civic Center Observation Deck in Tokyo on August 14, 2024. Philip Fong | AFP | Getty Images Asia-Pacific markets are set to open lower on Monday, tracking losses on Wall Street after a weaker-than-expected U.S. jobs report. U.S. nonfarm payrolls rose by 142,000 missing a 161,000 […]
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Stock futures slip after the S&P 500 suffers its worst week since 2023: Live updates
Traders work on the floor of the New York Stock Exchange during afternoon trading on September 05, 2024 in New York City. Michael M. Santiago | Getty Images U.S. stock futures were lower on Sunday night following a tough week for the equity market. S&P 500 futures dipped 0.1%, while Nasdaq 100 futures slid 0.2%. […]
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Boeing and union reach a labor deal, potentially averting a strike
A Boeing employees works outside of the cockpit of a Boeing 737 MAX 8 airplane in the company’s factory, on March 27, 2019 in Renton, Washington. Stephen Brashear | Getty Images Boeing and the union that represents some 33,000 of its workers have struck a new labor deal, just days before a costly strike could […]
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