World Markets
CNBC Daily Open: Trump hints at softer tariffs, rallying markets
U.S. President Donald Trump greets members of the audience after signing a proclamation during a Greek Independence Day celebration at the White House on March 24, 2025 in Washington, DC. Win McNamee | Getty Images U.S. President Donald Trump’s tariffs have so far taken the shape of country-specific, sweepingly reciprocal, targeted at sectors and applicable […]
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Asia-Pacific markets set to open mixed after Wall Street rallies on expectations of softer tariffs
Tien Nguyen | 500px Plus | Getty Images Asia-Pacific markets were set to open mixed Tuesday, after Wall Street gained on hopes that U.S. President Donald Trump’s tariffs could be be softer than expected. Australia’s S&P/ASX 200 started the day 0.63% higher. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day. […]
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CNBC Daily Open: Damage from tariffs and DOGE cuts is growing visible
A delivery rider passes by a Nike retail store on Dec. 29, 2024, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate earnings. Nike reported earnings Thursday, and cautioned that it expects sales in its current […]
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CNBC Daily Open: DOGE cuts and tariffs hit Accenture and Nike hard
Nike’s “Just Do It” ad slogan on Feb. 5, 2025, in London, England. Richard Baker | In Pictures | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate numbers. Nike reported earnings Thursday, and cautioned that it expects sales in its current quarter to plunge because […]
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Asia-Pacific markets mixed following losses on Wall Street; Bank of Japan meeting in focus
© Marco Bottigelli | Moment | Getty Images Asia-Pacific markets traded mixed on Wednesday, following declines on Wall Street after a sell-off in technology stocks picked up pace. Japanese markets will be in focus for investors, with the Bank of Japan poised to announce its monetary policy decision later in the day. The central bank […]
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CNBC Daily Open: Markets rise for the second day as U.S. consumers continue spending
Shoppers in New York City, U.S., on Feb. 2, 2025. Robert Nickelsberg | Getty Images News | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For the skeptics, that is like desperately […]
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