Prices
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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UK economy ekes out 0.1% growth in the fourth quarter, beating expectations
A general view of people visiting the Trafalgar Tavern pub decorated with bunting and string lights on the bank of the River Thames in Greenwich on December 16, 2023 in London, United Kingdom. John Keeble | Getty Images News | Getty Images The U.K. economy grew by 0.1% in the fourth quarter, beating expectations, according […]
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Asia-Pacific markets trade higher after Wall Street declines on inflation fears
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Asia-Pacific markets traded higher Thursday, breaking ranks with Wall Street that fell overnight as a stronger-than-expected U.S. inflation reading diminished prospects of policy easing by the U.S. Federal Reserve. Australia’s S&P/ASX 200 rose 0.26%. Japan’s Nikkei 225 rose 1.1% while the […]
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CNBC Daily Open: Hotter-than-expected inflation stokes U.S. policy concerns
Eggs for sale at 72.2 cents per egg from a supermarket on Feb. 10, 2025 in Monterey Park, California, U.S. Frederic J. Brown | Afp | Getty Images What do arthouse movies and U.S. interest rates in 2025 have in common? There’s a chance both will have no cuts. The 3% figure for 12-month headline […]
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S&P 500 futures are little changed as investors look ahead to more earnings, inflation data: Live updates
Traders work on the floor of the New York Stock Exchange on Feb. 4, 2025. NYSE S&P 500 futures are near flat Wednesday night as traders analyzed the latest corporate earnings reports while awaiting more inflation stats. Futures tied to the broad index ticked up 0.1%, while Nasdaq 100 futures added 0.3%. Dow Jones Industrial […]
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Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate. The bank’s retail customers are spending about 6% more money in the first 40 days of this year compared with the same period in 2024, […]
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10-year Treasury yield shoots above 4.6% after hot CPI report
The consumer price index rose 0.5% in January, and is up 3.0% over the last 12 months, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting a monthly rise of 0.3% and a 2.9% increase year over year. Core CPI, which excludes volatile food and energy prices, rose 0.4% for […]
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India’s inflation falls for third straight month to 4.31% in January, making case for further monetary easing
India’s central bank held its key interest rate for a seventh straight policy meeting on Friday as growth in the economy is expected to remain robust while inflation stays above the 4% target. Bloomberg | Bloomberg | Getty Images India’s headline inflation dipped year-on-year for a third straight month to 4.31% in January, providing more […]
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