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CNBC Daily Open: The Israel-Iran conflict continues but markets seem unfazed
Smoke billows from an explosion at the Islamic Republic of Iran Broadcasting (IRIB) building in Tehran on June 16, 2025. AFP | Getty Images The U.S. stock market rose and oil prices retreated amid news that Iran wants a ceasefire with Israel. As early as the first days of Israel’s strikes, Tehran reportedly asked several […]
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European markets rebound as Israel-Iran attacks continue; Renault down 6%
European banks, oil stocks lead markets higher European Stoxx 600 banks were 1.3% higher at 9:55 a.m. U.K. time, while oil and gas stocks gained 1.18% as investors took in the latest from the Israel-Iran conflict — which is driving crude oil prices sharply higher and reigniting inflation concerns. Sectors in decline include health-care, down […]
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CNBC Daily Open: Israel’s conflict with Iran sends tremors through markets
Fire and smoke rise into the sky after an Israeli attack on the Shahran oil depot on June 15, 2025 in Tehran, Iran. Getty Images | Getty Images News | Getty Images Israel’s airstrikes on Iran Friday sent reverberations through financial markets. Oil prices jumped on fears that supply from Iran, the world’s ninth-largest oil […]
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Where can equity investors hide as Israel and Iran take aim at each other?
As equity markets broadly declined after Israel and Iran took aim at each other – some sectors and stocks are bucking the trend. The attack, which reportedly killed senior Iranian military and scientific figures, prompted an immediate flight to safety in financial markets. Brent crude , the international oil benchmark, jumped 7% to $78.50 a […]
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European stocks fall; FTSE 100 choppy after UK economy shrinks more than expected
UK assets steady after weak economic data The British pound was roughly flat against the U.S. dollar, though dipped 0.3% against the euro after the national statistics office said the U.K. economy contracted 0.3% in April while the country’s trade deficit widened. Stock Chart IconStock chart icon British pound/U.S. dollar. Yields on U.K. government bonds […]
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CNBC Daily Open: Good news on U.S. trade and inflation isn’t lifting markets
A cargo ship at Qingdao Port in Shandong Province, China, on June 9, 2025. Cfoto | Future Publishing | Getty Images Consumer prices in the U.S. have been benign since February, and the May reading continues that trend, according to the Bureau of Labor Statistics’ consumer price index report released Wednesday. Meanwhile, the May jobs […]
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CNBC Daily Open: There’s progress on trade and U.S. inflation — but it’s harder to rely on such news
A man stocks shelves at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty Images Consumer prices in the U.S. have been benign since February, and the May reading continues that trend, according to the Bureau of Labor Statistics’ consumer price index report released Wednesday. Meanwhile, the […]
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CNBC Daily Open: The U.S. stock market could be a little too optimistic
Traders work on the floor of the New York Stock Exchange on June 10, 2025. NYSE The U.S. stock market appears a little too optimistic. All three major indexes climbed Wednesday, with the S&P 500 and Nasdaq Composite enjoying their third consecutive session in the green. The S&P, in fact, is around 2% away from […]
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Europe to follow global markets higher as China-U.S. trade talks continue in London
British job openings continue steady decline, wage growth cools The ONS’s data also showed this morning that job vacancies in the U.K. fell to 736,000 between March and May — a decline of 63,000 openings, or 7.9%, from the previous three-month period. It marked the 35th consecutive decline in job openings. Meanwhile, average earnings […]
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CNBC Daily Open: ‘Good reports’ from U.S.-China talks could push S&P 500 to new high, analysts say
He Lifeng, China’s vice premier, arrives for trade talks at Lancaster House in London on June 9, 2025. Chris Ratcliffe | Bloomberg | Getty Images Trade negotiators from the U.S. and China have met in London, and talks are expected to continue Tuesday, a source familiar with the situation told CNBC’s Megan Casella. It seems […]
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