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Markets

Stocks slide ahead of Powell speech

by Horatio Thompson
Stocks slide ahead of Powell speech

Traders work on the floor of the New York Stock Exchange during morning trading on August 12, 2024 in New York City.  Michael M. Santiago | Getty Images News | …

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Cava Group (CAVA) earnings Q2 2024

by Anas Siddiqui
Cava Group (CAVA) earnings Q2 2024

Customers arrive at a Cava restaurant in New York City on June 22, 2023. Brendan Mcdermid | Reuters Cava on Thursday raised its full-year outlook as its restaurants reported strong …

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Stock futures inch up with all eyes on Powell’s key Jackson Hole speech: Live updates

by Walter Watson
Stock futures inch up with all eyes on Powell’s key Jackson Hole speech: Live updates

Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures rose slightly in overnight trading Thursday as traders await an all-important policy …

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Jim Cramer looks at reasons for the market decline and 3 stocks movers

by Akin Smith
Jim Cramer looks at reasons for the market decline and 3 stocks movers

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets …

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Crypto asset managers seek next big coin for portfolio diversification

by Walter Watson
Crypto asset managers seek next big coin for portfolio diversification

The next innovation in cryptocurrencies won’t come from the introduction of a Solana ETF . Asset managers say they’re more focused on other ways investors can diversify their portfolios with …

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ASX200 notches 10th consecutive gain on mining rebound

by Anas Siddiqui
ASX200 notches 10th consecutive gain on mining rebound

The local sharemarket advanced for a 10th consecutive session on Thursday, marking the longest uninterrupted winning streak in stocks since 2015. The benchmark ASX200 lifted 16.5 points, or 0.21 per …

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Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

by Walter Watson
Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially …

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Wall Street rises on hopes of September rate cut

by Anas Siddiqui
Wall Street rises on hopes of September rate cut

The S&P 500 and the Nasdaq have risen in volatile trading as investors were more hopeful the Federal Reserve would kick off its interest rate cut cycle next month while …

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U.S. Treasurys in focus as investors await Jackson Hole symposium

by Ron Morgan
U.S. Treasurys in focus as investors await Jackson Hole symposium

The U.S. 10-year Treasury rose on Thursday as investors looked ahead to remarks from Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury climbed more than 6 basis …

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5 things to know before the stock market opens Thursday

by Vera Ward
5 things to know before the stock market opens Thursday

Here are the most important news items that investors need to start their trading day: 1. Rate rally After a selloff prompted by fears about the economy earlier this month, …

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