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CNBC Daily Open: Bleak news from U.S. doesn’t seem that bad for stocks
World

CNBC Daily Open: Bleak news from U.S. doesn’t seem that bad for stocks

Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE On Wednesday, the U.S. government ground to a halt. Stock markets, however, jumped — one benchmark even hit a record high. Traders in prediction markets are betting the shutdown will last nearly two weeks. Nothing too radical, since that’s the average length […]

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CNBC Daily Open: Unpleasant news from the U.S. appears to be making investors cheery
World

CNBC Daily Open: Unpleasant news from the U.S. appears to be making investors cheery

Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE On Wednesday, the U.S. government ground to a halt. Stock markets, however, jumped — one benchmark even hit a record high. Traders in prediction markets are betting the shutdown will last nearly two weeks. Nothing too radical, since that’s the average length […]

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CNBC Daily Open: Bleak news from U.S. doesn’t seem that bad for stocks
World

S&P 500 closes above 6,700 for first time as traders bet on short-lived shutdown

Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE The S&P 500 closed at a record high on Wednesday as traders were hopeful that a U.S. federal government shutdown would be brief and possibly have little impact on the economy. The broad market index gained 0.34% to close at 6,711.20. Earlier, […]

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Stocks making the biggest moves midday: Pfizer, Nike, Conagra, Corteva, GEO Group, Tesla, Reddit and more
Finance

Stocks making the biggest moves midday: Pfizer, Nike, Conagra, Corteva, GEO Group, Tesla, Reddit and more

Check out the companies making the biggest moves midday: Drug stocks — Shares of drugmakers rallied a second day as investors bet the industry will strike more deals with the Trump administration. On Tuesday, Pfizer received a three-year exemption to tariffs in exchange for investing in domestic manufacturing and discounting drug prices for Medicaid patients. Pfizer […]

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How a U.S. government shutdown could impact global markets
World

How a U.S. government shutdown could impact global markets

Morning light hits the U.S. Capitol hours ahead of a press conference to discuss the Epstein Files Transparency bill, directing the release of the remaining files related to the investigations into Jeffrey Epstein and Ghislaine Maxwell, on Capitol Hill in Washington, D.C., U.S., September 3, 2025. Jonathan Ernst | Reuters The U.S. government entered a […]

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Trump’s pharmaceutical tariff threat loses bite after Pfizer deal reassures drugmakers
Health

Trump’s pharmaceutical tariff threat loses bite after Pfizer deal reassures drugmakers

U.S. President Donald Trump shakes hands with Pfizer CEO Albert Bourla (L) as he announces a deal with Pfizer to lower Medicaid drug prices in the Oval Office of the White House on September 30, 2025 in Washington, DC. Win Mcnamee | Getty Images President Donald Trump’s long-awaited threat to impose pharmaceutical tariffs may not […]

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Stocks making the biggest premarket moves: Lithium Americas, AES, Sunrun, Peloton, Nike and more
Finance

Stocks making the biggest premarket moves: Lithium Americas, AES, Sunrun, Peloton, Nike and more

Check out the companies making headlines before the opening bell. Lithium Americas — Shares jumped 32% after the Department of Energy said Tuesday it plans to take a 5% equity stake in the lithium miner. AES — The renewable and thermal power producer climbed 11% after a Financial Times report that Blackrock-owned Global Infrastructure Partners […]

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Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout
World

Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout

Private payrolls saw their biggest decline in two-and-a-half years during September, a further sign of labor market weakening that compounds the data blackout accompanying the U.S. government shutdown. Companies shed a seasonally adjusted 32,000 jobs during the month, the biggest slide since March 2023, payrolls processing firm ADP reported Wednesday. Economists surveyed by Dow Jones […]

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Bitcoin rises as investors seek a global safe haven amid shutdown
Finance

Bitcoin rises as investors seek a global safe haven amid shutdown

In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Cheng Xin | Getty Images Bitcoin ticked higher on Wednesday while most other risk assets fell after U.S. lawmakers failed to reach a government funding agreement, leading to a shutdown. The move showed the evolving view of the cryptocurrency to a store of value during […]

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Gold hits new all-time high as U.S. government shutdown dents risk appetite
World

Gold hits new all-time high as U.S. government shutdown dents risk appetite

Gold prices rose to record highs as a U.S. government shutdown began on Wednesday. Chris Mcgrath | Getty Images News | Getty Images Gold prices soared to new highs on Wednesday, as the U.S. government entered its first shutdown in almost seven years after lawmakers failed to reach a deal on government funding. While the […]

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