Traders work on the New York Stock Exchange (NYSE) floor on November 12, 2024 in New York City. Spencer Platt | 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 what you see? You can subscribe here. What you need to know today Markets ended week
U.S. stocks finished lower on Friday, capping off the worst week for the S&P 500 since early September, as creeping doubts about a December interest-rate cut by the Federal Reserve helped interrupt a postelection rally. Economic data on inflation and retail sales coupled with comments from senior Fed officials, including Chair Jerome Powell, about there being no big rush to cut rates weighed on investors’ minds this week. Investors also
(Reuters) – Wall Street’s main indexes opened at record highs on Monday (NASDAQ:) as optimism on proposed tax cuts and expectations of an easier regulatory environment after Donald Trump won the U.S. presidency continued to lift stocks. The rose 254.75 points, or 0.58%, at the open to 44,243.74. The rose 13.3 points, or 0.22%, at the open to 6008.86, while the rose 68.6 points, or 0.36%, to 19355.338 at the
Investing.com – Shares in Tesla (NASDAQ:) jumped by more than 6% in premarket US trading on Monday (NASDAQ:), pointing to an extension in a post-election rally in the electric vehicle giant. The stock spiked by 8.2% on Friday, pushing Tesla’s market valuation above $1 trillion, fueled by wagers that the company and its Chief Executive Elon Musk would be major beneficiaries of Trump’s second four-year term in the White House. Musk
Fate of postelection stock-market rally may be in the hands of bond traders Source link
Ray Dalio speaking with CNBC at the Future Investment Initiative in Riyadh, Saudi Arabia, on Oct. 30, 2024. CNBC A postelection America worries U.S. billionaire Ray Dalio, who called for reforms numerous times amid a political landscape rife with what he views as irreconcilable differences between both Democratic and Republican parties. Speaking at the Future Investment Initiative conference in Saudi Arabia on Wednesday, the founder of the investment firm Bridgewater Associates
