S&P 500 Index
Here are JPMorgan’s top drug stock picks into earnings
JPMorgan is eyeing a few drug manufacturers ahead of their earnings reports as investors continue to sell out of major technology firms. Major market trends in the first half of 2024 have shifted and sparked a rotation out of large technology stocks into less-loved areas of the market, including value stocks and small caps. The […]
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Investors are punishing stocks that miss earnings more than normal this season
Companies with disappointing quarterly results are getting punished more than usual this earnings season. Second-quarter earnings misses have resulted in an average 3.8% decline for a stock from two days before the quarterly release through the two days after the report comes out, according to FactSet. That’s compared to the five-year average price decrease of […]
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Japan’s Nikkei jumps 2% to lead gains in Asia as traders assess U.S. inflation data, await BOJ meeting
Japan’s Mount Fuji seen in the Tokyo’s horizon on January 1, 2011. Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets climbed on Monday, with Japan’s Nikkei 225 leading gains in the region after a key U.S. inflation report late last Friday raised hopes for an interest rate cut. The Nikkei rose 2.02%, while the […]
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Stock futures are little changed ahead of loaded week for tech earnings
Stock futures were largely flat on Sunday evening as Wall Street gears up for a busy week of corporate earnings. Futures tied to the Dow Jones Industrial Average ticked up 52 points, or about 0.1%. S&P 500 futures inched up 0.1%, while Nasdaq 100 futures added 0.2%. The move in futures comes after a volatile […]
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An ugly earnings report from a competitor is good news for Abbott Labs
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. Stocks jumped Friday as Wall Street tried to end a turbulent week on a jubilant note. The Dow Jones Industrial Average added more more than 600 points, or 1.6%. The […]
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Warner Bros. Discovery is counting on deregulation to unlock media deals — if there’s even appetite
David Zaslav at the Allen & Company Sun Valley Conference on July 9, 2024 in Sun Valley, Idaho. David Grogan | CNBC Comcast Chief Executive Officer Brian Roberts had a not-so-subtle message this week for Warner Bros. Discovery CEO David Zaslav: If you’re selling, I’m not buying. “Instead of engaging in a process to buy content […]
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European stocks head for mixed open as selloff eases; U.S. inflation data due
Traders work on the floor of the New York Stock Exchange as a picture of Vice President Kamala Harris is displayed on a television screen, on July 22, 2024. Spencer Platt | Getty Images LONDON — European markets are heading for a mixed open Friday, as a global stock selloff eases and investors await U.S. […]
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Most Asia-Pacific markets rebound after sell-off as investors assess Tokyo CPI, await U.S. inflation data
Center street shibuya. David Gee | Moment | Getty Images Asia-Pacific markets mostly rebounded Friday, after Thursday’s sell-off saw some indexes in the region hit their lowest level in months. In Asia, traders assessed July inflation data out of Japan’s capital city of Tokyo, which is widely considered a leading indicator of nationwide trends. Tokyo’s […]
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Growth stocks are plenty. Veteran growth investor shares how he picks ones that can double their earnings
Some growth stocks, such as major tech companies, had a mostly good run since the start of 2023, but their performance has been unequal. The “Magnificent Seven” stocks have mostly been driving the rally in the S & P 500 . In fact, growth stocks overall had “a very difficult time” in 2022 and some […]
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How to invest in gold — and is it worth it?
Gold has been coveted for thousands of years, with its beauty, versatility and reputation as a safe haven making it hard to resist. From bars of bullion to mining stocks and ETFs, there’s myriad ways to get involved. But has gold historically been a good investment? CNBC Pro takes a look at the pros and cons […]
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