S&P 500 Index
S&P 500 jumps to record ahead of key Fed decision on interest rates: Live updates
Traders work on the floor of the New York Stock Exchange. Brendan Mcdermid | Reuters The S&P 500 hit a record high Tuesday as the market awaited the Federal Reserve’s key interest rate cut decision. The broad market index was last up 0.4% at the 5,650 level, after earlier touching a new record high of […]
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CNBC Daily Open: Tech might not be the biggest beneficiary of rate cuts
The sun rises behind the skyline of lower Manhattan and One World Trade Center on September 14, 2024, in Jersey City, New Jersey. Gary Hershorn | Corbis News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need […]
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Asia-Pacific markets trade mixed as investors look ahead to Fed meeting
Containers are loaded on the premises of the port operator PSA, the Port of Singapore Authority (PSA), at the Port of Singapore on 14 June 2022. Bernd von Jutrczenka | Picture Alliance | Getty Images Most Asia-Pacific markets were mixed Tuesday, following a mixed trading session on Wall Street as investors prepare for the Federal […]
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Don’t expect much from stocks for the next decade, says JPMorgan
As investors are navigating all the buzz about this week’s potential rate cut and the upcoming presidential election, JPMorgan is forecasting a serious risk to long-term stock returns. The market appears to be too expensive relative to history, according to the firm, which is projecting a 5.7% annual return from the S & P 500 […]
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In federal trial, Michael Kors says it’s harder to sell handbags in TikTok and Taylor Swift era
NEW YORK CITY — In a federal courtroom on Monday, storied fashion designer Michael Kors spoke about the steep challenge of staying relevant in a world where brands can rise and fall based on viral TikTok videos and photos of handbags on the arms of celebrities such as Taylor Swift and Beyoncé. Kors kicked off […]
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Here are the stocks that win when the Fed cuts rates with no recession
As investors gear up for this week’s Federal Reserve meeting, CNBC Pro found stocks that have historically done well when rates are cut without a recessionary environment. Fed funds futures have fully priced in that the central bank will lower interest rates, according to CME’s FedWatch Tool . The question now is how big that […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. The Fed’s up Jerome Powell at Jackson Hole on August 23, 2024. David A. Grogan | CNBC The long-awaited Federal Reserve interest rate cut may finally arrive this week. The central bank’s policymakers are set to announce Wednesday whether they […]
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CNBC Daily Open: After the Fed’s first cut, where to next?
The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Thursday, Sept. 12, 2024. Stefani Reynold | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like […]
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Asia-Pacific markets set to open mixed after China’s downbeat economic data
Joggers in Shanghai, China, on April 10, 2021. Qilai Shen | Bloomberg | Getty Images Asian markets were set to open mixed Monday as investors digested the downbeat economic data from China released over the weekend, while several key markets were closed for holidays. Investors also await the Federal Reserve’s policy meeting on Tuesday and […]
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Stock futures are little changed as investors await major Fed decision: Live updates
A specials trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 11, 2024. Brendan Mcdermid | Reuters Stock futures are little changed Sunday night as investors await the Federal Reserve’s highly anticipated policy meeting, during which central bankers are expected to cut rates […]
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