Markets
Stock futures are little changed after tech sell-off drags S&P 500 to worst day since August: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 30, 2024. Brendan McDermid | Reuters U.S. stock futures were little changed Tuesday night after the major averages fell to start September. Dow Jones Industrial Average futures was flat. S&P 500 futures and Nasdaq 100 futures dipped […]
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An under-the-radar consumer stock breaking out despite economic worries, according to the charts
There has been a resurgence in talks of a coming recession from various factors including an uptick in unemployment, the yield curve coming out of inversion, and continued elevated borrowing costs despite the initial Fed rate cut expected in September. We’ll discuss an under-the-radar consumer stock bucking these pressures. A quick look at the Consumer Discretionary […]
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Stocks making the biggest moves midday: Cleanspark, Vaxcyte, Unity Software and more
Check out the companies making headlines in midday trading. Cleanspark – The crypto miner’s stock plunged more than 13%. Cleanspark released its mining update for August, which showed that it mined 478 bitcoins last month. That marks a drop from 494 in July and 659 in August last year . Vaxcyte – Shares were recently […]
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We’re taking a nearly 300% profit on a hot drug stock — adhering to an investing rule to live by
Shortly after the opening bell, we’ll be selling 10 shares of Eli Lilly at roughly $958 each. Following Monday’s trade, Jim Cramer’s Charitable Trust will own 100 shares of LLY, decreasing its weighting to 2.85% from about 3.13%. Now that we are no longer restricted, we are selling some Eli Lilly shares. We downgraded Lilly […]
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Stocks making the biggest moves premarket: United States Steel, Unity Software, Boeing and more
Check out the companies making headlines before the bell. United States Steel — The industrial stock plunged 6% after Vice President Kamala Harris opposed the planned sale of United States Steel to Japan’s Nippon Steel. She made these statements during a Labor Day rally in front of union members in Pittsburgh, Pennsylvania, where she said […]
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Rolls-Royce shares rebound 4.6% after engine issue grounds Cathay Pacific flights
A Cathay Pacific Airbus A350 aircraft at Kingsford Smith Airport on August 18, 2021 in Sydney, Australia. Cathay Pacific Airways Ltd., is the flag carrier of Hong Kong with its main hub being at Hong Kong International Airport. James D. Morgan | Getty Images News | Getty Images Rolls-Royce shares opened higher Tuesday, making up […]
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China’s property woes and U.S. sanctions have hit some cities hard
Key Points China’s property struggles and U.S. sanctions have significantly affected some of its cities, even as others benefit from Beijing’s tech push, Milken Institute’s best performing cities China index showed Tuesday. Hangzhou, capital of the eastern Zhejiang province and home to Alibaba and other tech companies, ranked first in this year’s rankings. Other cities, […]
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Harris says she opposes U.S. Steel’s sale to a Japanese firm during campaign event
Democratic presidential nominee and U.S. Vice President Kamala Harris reacts as she attends a Labor Day campaign event, at IBEW Local Union #5 in Pittsburgh, Pennsylvania, U.S., September 2, 2024. Elizabeth Frantz | Reuters Vice President Kamala Harris used a joint campaign appearance with President Joe Biden in the critical swing state of Pennsylvania on Monday to say that […]
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CNBC Daily Open: Bitcoin isn’t really a currency (yet)
People walk past a neon sign advertising a Bitcoin and Ethereum crypto currency exchange in Warsaw, Poland on 19 May, 2024. Jaap Arriens | Nurphoto | 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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Asia-Pacific markets mostly rise after South Korea’s inflation rate hits 42-month low
A MLB store in the Myeongdong shopping district in Seoul, South Korea, on Saturday, March 9, 2024. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets mostly climbed on Tuesday as investors assess South Korea’s August inflation numbers, which eased to its lowest level on a year-on-year basis since March 2021. The country’s consumer price index […]
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