Markets
There’s a big move higher brewing in the energy sector, according to the charts
Any time the State Street Energy Select Sector SPDR Fund (XLE) rallies, three questions arise: Is this move more than a short-term bounce? If so, how long can XLE outperform the S & P 500? If relative strength versus the S & P 500 persists, does that imply broader equity market weakness? We’ll address each […]
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Airlines to save big money on fuel as new weight loss pills gain popularity, Wall Street says
Celsopupo | Istock | Getty Images Wall Street is finding an unexpected beneficiary of America’s weight loss boom: airlines. With the first GLP-1 weight loss drug now available in pill form, analysts at Jefferies say broad adoption across society could quietly lower fuel bills — airlines’ single largest cost — and lift earnings for the […]
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Stocks making the biggest moves midday: Biogen, Rivian, Bank of America, Airbnb & more
Check out the companies making headlines in midday trading. Biogen — The biotech’s stock tumbled more than 4% after the company warned it would need to take a $222 million pretax charge in the fourth quarter. The company said the charge, which includes research-and-development expenses and milestone payments, will lower its net income by about […]
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Exxon Mobil hit a record after Trump threatened to cut it out of Venezuela — here’s why
Exxon Mobil hit record highs this week after rubbing President Donald Trump the wrong way at a White House meeting on investment in Venezuela. Trump said Sunday he is inclined ” to keep Exxon out ” of Venezuela, after CEO Darren Woods told the president that the South American nation is ” uninvestable .” Exxon’s […]
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Why the stock market keeps shrugging as Trump sows more political chaos
Stock investors largely shrugged off the criminal investigation of Federal Reserve Chair Jerome Powell — the latest example of the market looking past political risk. The Dow Jones Industrial Average initially tumbled nearly 500 points on Monday. Investors worried the probe represented a broader push by President Donald Trump to strip away the central bank’s […]
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Inflation data, bank earnings, Saks files for bankruptcy and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. With yesterday’s inflation data, I am once again reminded that my preference for beef over poultry is hurting my grocery bill. Stock futures are down this morning. The three major indexes are coming off a losing day. Here are five […]
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Congressional stock trading ban bill to get its first vote Wednesday
The U.S. Capitol at sunset in Washington, D.C., U.S. December 23, 2025. Tyrone Siu | Reuters Lawmakers could face a ban on buying new stocks under a bill poised to get its first vote Wednesday. But hurdles remain, including opposition from most Democrats who say the bill doesn’t go far enough in preventing insider trading […]
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Stocks making the biggest moves premarket: Wells Fargo, Bank of America, Netflix & more
Check out the companies making headlines before the bell. Trip.com — The company’s stock plunged 13% after Reuters reported that Chinese market regulators are investigating the travel website. Netflix — Shares rose nearly 2%. Netflix is preparing an all-cash $72 billion bid for Warner Bros. Discovery’s studios and HBO Max, The Wall Street Journal reported […]
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Trump’s playbook on Greenland, Venezuela, and Iran is about taking on China, analysts say
In this photo illustration portraits of US President Donald Trump and Chinese President Xi Jinping are displayed on computer screen as US flag is seen. Dilara Irem Sancar | Anadolu | Getty Images In 10 days, Donald Trump captured the Venezuelan president, spooked European leaders with talk of annexing Greenland, and imposed 25% tariffs on […]
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CNBC Daily Open: Worries over Iran and Fed independence weigh on markets
U.S. President Donald Trump visits a Ford production center in Dearborn, Michigan, U.S., January 13, 2026. Evelyn Hockstein | Reuters U.S. President Donald Trump said in a Truth Social post on Tuesday that he had “cancelled all meetings with Iranian Officials,” and reiterated his support for protestors fueling one of the largest anti-government demonstrations in […]
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