The Fed won’t save stocks, sell the first rate cut, says Stifel

The Fed won’t save stocks, sell the first rate cut, says Stifel




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Europe stocks set to rise as investors look ahead to U.S.-China trade talks in Switzerland
World

Europe stocks set to rise as investors look ahead to U.S.-China trade talks in Switzerland

European stock market futures point to a positive start after the U.K. and U.S. confirmed a trade agreement, and investors look ahead to the U.S.-China trade negotiations set to begin this weekend. The pan-European Stoxx Europe 600 index is expected to open higher by 0.3%, according to futures data from FactSet. The U.K.’s FTSE 100 […]

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CNBC Daily Open: London markets didn’t seem to view the U.K.-U.S. trade deal positively
World

CNBC Daily Open: London markets didn’t seem to view the U.K.-U.S. trade deal positively

Britain’s Prime Minister Keir Starmer speaks to employees at a car factory in the West Midlands, Britain, on May 8, 2025. Alberto Pezzali | Via Reuters The U.K. is the first country to seal a trade deal with the U.S. Cue the jubilations. And investors certainly did, giving the three major U.S. indexes back-to-back winning […]

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Chinese chipmaker SMIC shares fall nearly 7% after earnings miss
World

Chinese chipmaker SMIC shares fall nearly 7% after earnings miss

A logo hangs on the building of the Beijing branch of Semiconductor Manufacturing International Corporation (SMIC) on December 4, 2020 in Beijing, China. Vcg | Visual China Group | Getty Images Shares of Semiconductor Manufacturing International Corporation, China’s largest contract chip maker, fell nearly 7% Friday after its first-quarter earnings missed estimates. After trading on […]

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