Prices
CNBC Daily Open: The Fed might pause rates over Trump tariff concerns
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on February 11, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images Members of the U.S. Federal Reserve’s rate-setting committee unanimously agreed to hold rates steady in January because they were, […]
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Asia-Pacific markets were mostly down as Trump tariff threats dent sentiment
Cityscape of Perth, the capital of Western Australia. Georgeclerk | E+ | Getty Images Asia-Pacific markets were mostly down Thursday, as investors weigh U.S. President Donald Trump’s proposed tariffs of about 25% on autos, semiconductors and pharmaceutical imports. Trump, who said the duties could be implemented as soon as April 2, did not specify whether they will be […]
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Philips tumbles 7% after sales miss expectations; Europe stocks open mixed
BAE Systems says order backlog at record high as revenue rises 14% Britain’s largest defense firm BAE Systems said on Wednesday that its order backlog rose 11% to a record high at the end of 2024, as it reported a 14% increase in annual revenue for 2024. Operating profit rose 4% to £2.69 billion ($3.39 […]
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UK inflation leaps to higher-than-expected 3% in January
Pedestrians walk through the festively decorated Burlington Arcade luxury shopping arcade in London, UK, on Monday, Dec. 4, 2023. Inflation in UK shops has fallen to a 17-month low as retailers fight to attract shoppers ahead of the crucial holiday period. Photographer: Jason Alden/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Annual U.K. […]
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Japan stocks set to rise after Wall Street gains as investors look beyond tariffs
Japan’s Osaka is the 43rd most expensive city to live in, according to the Economist Intelligence Unit. Mlenny | E+ | Getty Images Japan stocks were set to rise Wednesday, after Wall Street gained overnight with the S&P 500 closing at a record high as investors looked past tariffs and inflation headwinds. Futures for Japan’s […]
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Asia markets open mixed as investors assess Chinese President Xi’s comments in a meeting with top executives
Australia, New South Wales, Sydney Scott E Barbour | The Image Bank | Getty Images Asia-Pacific markets were set to open mixed Tuesday, a day after Chinese President Xi Jinping signaled support to the country’s private sector and urged businesses to “show their “talents.” Australia’s S&P/ASX 200 was down 0.43%, ahead of the Reserve Bank […]
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Fed Governor Bowman says more progress on inflation is needed before further rate cuts
Key Points Federal Reserve Governor Michelle Bowman said on Monday she wants to see data reflect more progress on inflation before cutting interest rates further. While she expects inflation to continue to decelerate this year, she said disinflation “may take longer than we would hope.” The Fed maintained its target rate at a range of […]
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Europe stocks lower after hitting record highs on hopes of Ukraine peace deal
European stock markets opened lower on Friday after hitting record highs earlier this week. The pan-European Stoxx 600 index moved 0.1% lower when markets opened. The U.K.’s FTSE 100 was down by 0.25%, and Germany’s DAX was lower by 0.3%. Meanwhile, France’s CAC 40 opened flat. Asia-Pacific markets were mixed Friday, after Wall Street rose […]
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Asia markets rise after Wall Street gains overnight; Singapore logs faster-than-expected GDP growth
People walking through the neon lit night streets of Sinchon in the heart of Seoul, South Korea’s vibrant capital city. Fotovoyager | E+ | Getty Images Asia-Pacific markets rose Friday, tracking Wall Street gains overnight as President Donald Trump signed a reciprocal tariffs plans, but did not enact the levies on them immediately. Australia’s S&P/ASX 200 started […]
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Europe stocks hit fresh record high on earnings, Ukraine peace hopes
European stock markets were broadly higher Thursday, amid a flurry of earnings and economic data and rising hopes of an end to the Russia-Ukraine war. The regional Stoxx 600 index maintained positive momentum from earlier this week, when it marked three record closing highs, gaining another 0.74% by midday in London to hit another all-time intraday peak. Markets […]
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