Prices
European markets head for mixed open as traders assess Fed’s rate cut path after downbeat inflation data
European markets were heading for a mixed open on Thursday as traders assessed the global inflation outlook and the possible trajectory of central bank rate cuts. The U.K.’s FTSE 100 index is expected to open 24 points higher at 8,041, Germany’s DAX 1 point higher at 18,975, France’s CAC up 12 points at 7,223 and Italy’s […]
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Asia-Pacific markets mixed after U.S. inflation report fuels Fed rate cut expectations
A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading fueled expectations for the Fed to cuts rates again in December. The CPI […]
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Dow rises 100 points as as traders assess state of postelection rally, new inflation data: Live updates
Traders work on the New York Stock Exchange floor on November 12, 2024 in New York City. Source: NYSE The Dow Jones Industrial Average inched higher Wednesday as investors look to keep a postelection rally going after a key inflation report was in line with expectations. The 30-stock Dow added 180 points, or 0.03%. The […]
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Europe markets decline with U.S. inflation data in focus; Just Eat Takeaway, Siemens Energy soar
European stocks traded slightly lower Wednesday, with global markets focused on upcoming U.S. inflation data. The pan-European Stoxx 600 index was down 0.1% in early deals, with the majority of sectors in negative territory. Shares of Just Eat Takeaway stock soared 20% shortly after the open Wednesday after the company said it had struck a deal to […]
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Asia-Pacific markets to open lower after Wall Street postelection rally fizzles
The momentum in Japan markets were largely driven by the country’s technology and financial sector. Doctoregg | Moment | Getty Images Asia-Pacific stock markets were set to open lower Wednesday, tracking losses on Wall Street as the U.S. postelection rally stalled overnight. Asian traders will assess Japanese corporate goods data, set for release later in […]
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European markets fall as mining stocks slide; Bayer shares at 20-year lows; Mediobanca down 8%
Infineon sees revenue decline in next fiscal year Semiconductor company Infineon on Tuesday said it was expecting its revenue in its 2025 fiscal year to be slightly lower than that recorded in its 2024 fiscal year, which ended on Sept. 30. The company reported that its revenue in the fiscal year 2024 came in at […]
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CNBC Daily Open: Trump kicked off the market rally, but he could also halt it
A trader wears a hat in support of Republican Donald Trump, after he won the U.S. presidential election, at the New York Stock Exchange (NYSE) in New York City, U.S., November 6, 2024. Andrew Kelly | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up […]
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Asia-Pacific markets poised to fall after China reports lower-than-expected inflation rate
Citizens are shopping at a supermarket in Nanjing, East China’s Jiangsu province, on March 9, 2024. Costfoto | Nurphoto | Getty Images Asia-Pacific markets were set to fall Monday after China’s October inflation numbers came in lower than expected, prompting concerns over the recovery in the world’s second-largest economy. The country’s inflation rate declined to […]
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Fed’s Kashkari says Trump tariffs could reheat inflation if they provoke global trade ‘tit for tat’
Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024. David Swanson | Reuters Minneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Donald Trump’s tariff proposals could worsen long-term inflation if global […]
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Bull market revs back up on Trump enthusiasm as traders race to grab small caps, banks and Tesla
Profound change swept across the electoral map on its way to upending Washington, DC, last week. But how much has truly changed for economic and investment conditions? In the last-minute anticipation and then immediate reaction to Donald Trump’s victory on Tuesday, nearly everything broke in favor of risk markets. A quick and decisive election result […]
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