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
A hot fire test of an Archimedes engine, which powers the company’s Neutron rocket. Rocket Lab This past week saw several pure-play space stocks rally, with leaders up as much as 20% or more, in part driven by what sector analysts said is a “Trump-Elon trade,” a nod to the relationship between President-elect Donald Trump and SpaceX CEO Elon Musk. “I don’t think anyone can underplay the potential catalyst that
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks declined on Tuesday after advancing for five straight sessions while the dollar hit its highest level in over six months as investors weigh the impact of U.S. President-elect Donald Trump’s likely path of policies. Investors have flocked in to assets expected to benefit from Trump policies for his second term in office, after he pledged to impose high
(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
A trader wears a hat in support of Republican Donald Trump, after he won the U.S. presidential election, at the New York Stock Exchange (NYSE) in New York City, U.S., November 6, 2024. Andrew Kelly | Reuters 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
Bitcoin briefly tops $80,000 for first time, extending its Trump-fueled rally Source link
Fate of postelection stock-market rally may be in the hands of bond traders Source link
President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Drew Angerer | Getty Images Talk about an eventful week. Normally, when the Fed cuts interest rates, that would be the big story. However, Thursday’s Federal Reserve meeting pales in comparison
