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Markets

Wall Street extends winning run

by Horatio Thompson
Wall Street extends winning run

Traders work the floor of the New York Stock Exchange on August 16, 2024.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our …

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China loan prime rates and RBA minutes in focus

by Walter Watson
China loan prime rates and RBA minutes in focus

Melbourne city centre skyline alongside the Yarra River. Loop Images | Universal Images Group | Getty Images Asia-Pacific markets climbed across the region on Tuesday, tracking Wall Street’s rally and …

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Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures

by Franz Hernandez
Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures

A Boeing 777x aircraft during an aerial display on the opening day of the Farnborough International Airshow in Farnborough, UK, on Monday, July 18, 2022. Jason Alden | Bloomberg | …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange on Aug. 16, 2024. Angela Weiss | AFP | Getty Images U.S. stock futures were flat Monday night after …

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Dovish Fed wagers underpin world share markets

by Anas Siddiqui
Dovish Fed wagers underpin world share markets

World stocks have edged up and the dollar has slid after global equities enjoyed their best week in nine months on expectations the US economy will dodge a recession and …

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Google IPO banker tracks two-decade journey from Silicon Valley upstart to $2 trillion

by Walter Watson
Google IPO banker tracks two-decade journey from Silicon Valley upstart to  trillion

Twenty years ago, as Morgan Stanley banker Michael Grimes was helping lead the public offering for the young company behind the Google search engine, one of the most anticipated IPOs …

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Goldman Sachs cuts odds of U.S. recession to 20% on fresh data

by Walter Watson
Goldman Sachs cuts odds of U.S. recession to 20% on fresh data

Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor market data sparked a reassessment of market views on the …

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Trump Media shares hit post-merger low as DJT slump continues

by Vera Ward
Trump Media shares hit post-merger low as DJT slump continues

Sopa Images | Lightrocket | Getty Images Shares of former President Donald Trump’s social media company on Monday touched their lowest price since they began public trading on the Nasdaq …

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Five key charts to watch in global commodity markets this week

by Anas Siddiqui
Five key charts to watch in global commodity markets this week

A steel-industry crisis in China is sending iron ore prices tumbling. Meanwhile, soybean stockpiles are at a record high in the Asian nation. In the US, a hot summer is …

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Wall St creeps up amid focus on Jackson Hole meeting

by Anas Siddiqui
Wall St creeps up amid focus on Jackson Hole meeting

Wall Street’s main stock indexes have extended their gains in choppy trading after clocking their best week of the year while investors looked ahead to Federal Reserve chair Jerome Powell’s …

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