Prices
Why oil companies may not love Pres. Trump’s ‘drill, baby, drill’ agenda
President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the plan. “Right now, with low oil prices, I think we’re going to start to see a lot of companies starting to pare back on their capital spending,” said Clark Williams-Derry, an energy finance […]
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Asia-Pacific markets set to open mixed after Wall Street rallies on expectations of softer tariffs
Tien Nguyen | 500px Plus | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained on hopes that U.S. President Donald Trump’s tariffs could be be softer than expected. Australia’s S&P/ASX 200 started the day 0.63% higher. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day. […]
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Tariff uncertainty will continue to roil markets next week, along with key inflation data
Any rally in the stock market next week is unlikely to be sustainable until there’s clarity on the tariff front, something investors won’t get until April 2nd when a number of levies are expected to take effect. Stocks have bounced somewhat from their oversold condition this week, after a surprisingly dovish tone out of the […]
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European travel stocks fall after Heathrow Airport closure; British Airways-owner IAG down 1.4%
European markets moved lower in early trade on Friday, with travel stocks leading the losses. The pan-European Stoxx 600 was nearly 0.6% lower by 11:50 a.m. London time, while the French CAC 40 was around 0.6% lower and the German DAX shed 0.7%. London’s FTSE 100 was nearly 0.5% lower. The travel and leisure sector […]
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CNBC Daily Open: Damage from tariffs and DOGE cuts is growing visible
A delivery rider passes by a Nike retail store on Dec. 29, 2024, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate earnings. Nike reported earnings Thursday, and cautioned that it expects sales in its current […]
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CNBC Daily Open: DOGE cuts and tariffs hit Accenture and Nike hard
Nike’s “Just Do It” ad slogan on Feb. 5, 2025, in London, England. Richard Baker | In Pictures | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate numbers. Nike reported earnings Thursday, and cautioned that it expects sales in its current quarter to plunge because […]
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Stock futures are little changed as S&P 500 aims to snap four-week losing streak: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on March 19, 2025. Angela Weiss | Afp | Getty Images U.S. stock futures traded near the flatline Thursday night after an attempt at extending Wednesday’s Federal Reserve-fueled rally failed. Futures tied to the S&P 500 inched up 0.1%. Dow Jones Industrial Average […]
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S&P 500 seesaws as benchmark tries to continue comeback from monthlong rout: Live updates
Traders work on the floor at the New York Stock Exchange on March 20, 2025. Brendan McDermid | Reuters The S&P 500 fell on Thursday as the index attempted to build on the previous session’s strong gains, while some solid housing data assuaged some concerns about the U.S. economy falling into a recession. The S&P […]
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Europe stock markets set for muted open ahead of central bank bonanza
European markets are heading for a cautious open Thursday, with major bourses set to open nearly flat as investors await monetary policy announcements from the Bank of England, Swiss National Bank and Sweden’s Riksbank. The flurry of European activity comes after the U.S. Federal Reserve on Wednesday held its key rates, while indicating two quarter […]
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Asia-Pacific markets open higher after Fed keeps interest rate steady
A pedestrian jogs along the Bund across from buildings in Pudong’s Lujiazui Financial District in Shanghai, China, on Thursday, Jan. 2, 2025. Bloomberg | Bloomberg | Getty Images Asia-Pacific markets opened higher, tracking Wall Street gains following the Federal Reserve’s decision to hold interest rates steady. The U.S. central bank also noted that a severe […]
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