Stock Market News
Trump ramps up tariffs on European cars imported into US
President Donald Trump announced he'd be reimposing 25 percent tariffs on EU vehicles after the trade partner allegedly did not hold up its end of the two bodies' trade deal
Exclusive: Owners of WildFire Energy explore $4 billion-plus sale of US shale operator, sources say
Investment firms Warburg Pincus and Kayne Anderson are exploring a potential sale of WildFire Energy, with any deal expected to value the U.S. shale operator at more than $4 billion including debt, ...
Germany's VDA auto association urges both sides to honour trade deal after Trump EU tariff blow
The president of Germany's VDA auto association urged the U.S. and European Union to engage in swift talks and honour their existing trade agreement after President Donald Trump announced a ta...
Wall Street is finding a new use for the latest retail-trading obsession
As more people start using prediction markets, Wall Street is finding ways to derive value from them.
New Fed chair Warsh will have a fight on his hands if he pushes for interest-rate cuts
Statements from three officials show inflation fears are giving them cold feet about any more rate cuts.
Where could gas prices be by Memorial Day?
FOX Business correspondent Lauren Simonetti reports on rising crude oil prices as analysts forecast $5-a-gallon gas prices by Memorial Day amid Middle East tensions near the Strait of Hormuz on ‘Varne...
Trump Announces New 25% Tariffs On European Cars And Trucks—These Exporters Will Be Hit Hardest
Germany: $26 billion
Trump's tariffs on EU autos show US to be unreliable, says EU parliament's trade committee chair
U.S. President Donald Trump's announcement to increase tariffs on cars from the EU shows that the U.S. is an unreliable trading partner, EU parliament's trade committee chair Bernd Lange said on F...
Pirro keeps pressure on Fed's Powell despite dropping probe
U.S. Attorney Jeanine Pirro is facing an imminent deadline to appeal a judge's decision quashing her subpoenas into the Fed over its costly building renovations. Pirro is still planning to appeal, eve...
U.S. debt surpasses GDP
America's biggest problem, according to The Daily Wolf host Scott Melker, is that “we are going to keep printing money until infinity, until the machine breaks.”
Saks Global sends its bankruptcy plan to a creditor vote
Saks Global received court approval on Friday to send its bankruptcy plan to creditors for a vote, asking them to approve a restructuring that would wipe out the company's equity and hand control ov...
Trump says he's raising EU auto tariffs to 25% without clarifying how
President Donald Trump said on Truth Social that he would increase the tariff rate on EU cars and trucks to 25%. The president didn't say what authority he would use to increase the levies.
Trump Threatens to Raise Tariffs on EU Cars and Trucks
The president said tariffs will go from 15% to 25% and accused the bloc of failing to comply with a trade agreement it signed last year.
Opinion | Prediction Markets Aren't a New Vegas
The CFTC takes seriously insider trading and prosecutes anyone who engages in it to the full extent of the law.
Dan Ives: Tech Stocks Have 12–15% More Upside — His Top AI Buys Now
Dan Ives, Managing Director and Senior Equity Research Analyst at Wedbush Securities breaks down the setup behind tech's next leg higher and the AI stocks he's moving into now.
Markets Rally on Crude Oil Crush
Kevin Green dissects current market optimism as early Friday trading squeezes higher "blowing past" his early resistance levels for the day. KG points to this week's economic data and earnings prints ...
Trump says he will raise tariffs on EU autos to 25%
U.S. President Donald Trump on Friday said he would be increasing tariffs on cars and trucks from the European Union to 25%, saying the EU had not complied with its trade deal.
An 8-Hour AI Result Is Testing Pharma's $10 Billion Royalty Market
The drug royalty business thrives on a bet that an approved biologic will keep printing money along a predictable schedule. Patent expires here, biosimilar enters there, revenue declines at roughly th...
US Economy 'Incredibly Resilient': Mossavar-Rahmani
Sharmin Mossavar-Rahmani, wealth management CIO and head of the investment strategy group at Goldman Sachs, says the US economy has been "incredibly resilient" despite the impact of the Iran war. She ...
Why Big Tech's $700 billion AI splurge is misleading
Rising component prices are driving Big Tech's AI spending surge. Microsoft and Meta's capital expenditure hikes largely result from higher component prices.
Trump Administration Pushes Forward With Tariffs Based on Forced Labor Laws
Nonprofit groups have applauded an investigation on trade in goods made with forced labor but say that the Trump administration should go further to enforce its own laws
Week Ahead for FX, Bonds: U.S. Jobs Data in Focus as Middle East Tensions Continue
U.S. jobs data will be the highlight of the coming week as investors look for evidence of how the Middle East war has impacted the economy.
Here's what B. of A.'s Michael Hartnett thinks investors should buy and sell in May
A cyclical uptick in economic activity in May, presaged by the boom in semiconductors, should see a reversal in the most in and out of favour sectors.
U.S. Factory Activity Expands in April
The Institute for Supply Management's purchasing managers' index was 52.7 last month, in line with March, as price pressures rose in the second month of the Iran war.
April's "Virtual Melt-Up" & What Fed Speak Means for Markets
Even with markets facing "a lot of pressures from a lot of directions," Kevin Hincks says the market is looking at lower crude oil prices as potential relief. Kevin labels last month's performance as ...
US Manufacturing Steady as Costs Gauge Hits Four-Year High
The Institute for Supply Management's gauge of prices paid for manufacturing inputs climbed for a fourth straight month to a four-year high of 84.6, according to data released Friday. Mike McKee repor...
How These New Funds Squeeze 14% Yields Out of Stocks
You can get high income from the stock market, but not without complexity and risk.
Dow rises 180 points as earnings boost stocks, oil eases but risks linger
US stocks gained on Friday, building on the momentum from one of the strongest monthly rallies in years, as investor optimism around corporate earnings outweighed lingering concerns about geopolitical...
Dow Jones: US 30 Rallies as Apple Lifts Stock Market and Indices Outlook
Dow Jones jumps as Apple earnings boost US stocks while oil drops. Tech stocks lead the stock market as traders watch crude for direction today.
Sorry, Wall Street South. Wall Street North Has the Big Bucks.
There is no satellite money-management center more significant than Boston—and that includes Texas and Florida. One of its secrets: adapting to change.
April Market Rally Brings May Momentum?
Kevin Green says even with some background geopolitical concerns, the market performance trend is still higher. The S&P 500 (SPX) notched its first close above 7,200 in addition to the Nasdaq-100 (NDX...
Morning Call Sheet: Tech and momentum drive markets higher
Daniel Newman, CEO of Futurum, Steve Sosnick, Chief Strategist at Interactive Brokers, and Ryan Detrick, Chief Market Strategist at Carson Group say momentum, tech earnings and AI spending are driving...
Risks From Iran War Swayed Kashkari's Fed Dissent
Minneapolis Fed President Neel Kashkari wrote that heightened inflation risks from the Iran war led him to object to the Fed policy statement.
Fed Officials Cite Inflation Concerns in Defending Dissents
The Federal Reserve's meeting this week was the most divisive in decades, a sign that President Trump's pick to lead the central bank will face opposition if he pursues substantially lower interest ra...
Fed dissenters explain 'no' votes, saying they disagreed with hinting next move would be a cut
Federal Reserve officials who voted this week against the post-meeting statement said they didn't think it was appropriate to signal that the next interest rate move would be lower.
Traders bet on big tech's AI buildout in April, look past Iran worries
CNBC's Steve Sedgwick breaks down the market action in April as the S&P 500 and Nasdaq round off their best months since 2020.
Tech Stocks Will Keep Pushing the Market Higher After the Best Month in Years
The S&P 500 booked at a 10.4% gain in April, its best month since 2020,
Dow futures surge 116 points: 5 things to know before market opens
US stock index futures edged modestly higher on Friday as investors absorbed a strong earnings beat from Apple and basked in the afterglow of April's exceptional rally, which handed the S&P 500 its be...
Markets Enjoyed an Historic April. Why the S&P 500 Could Fall Short in May.
Apple polishes quarter earnings and sales beat, AI spending juices outlooks for power providers, and more news to start your day.
Markets shrug off oil volatility to end April at record high
The S&P 500 closed April at a fresh record high, capping its strongest monthly performance in over three years, as investors weighed escalating geopolitical tensions in the Middle East against robust ...
Engine trouble ahead? How the Strait of Hormuz standoff threatens luxury auto giants
A global base oils shortage is starting to filter through to drivers of luxury vehicles as the Iran war drags on. Supercars engines rely on base oils because they can withstand extreme heat, high revs...
Stock Futures Higher, Oil Elevated as European and Asian Markets Shut
U.S. stock futures edged higher after most major indexes recorded their best month in six years.
Stock Market Today: Dow Holds On to Gains
Investors are kicking off May on an optimistic note, with U.S. stock futures holding onto recent gains and oil prices steady.
Aluminum Facing 'Very Large Supply Hole,' JPM Says
Greg Shearer, JPMorgan base and precious metals research head, discusses the aluminum market and the impact the conflict in the Middle East on prices. "Our outlook in the very near term is still for p...
Treasury Yields Steady as Oil Trades Well Below Thursday's Peak
Treasury yields traded steadily, with continued uncertainty surrounding the war in the Middle East offset by oil prices retreating from Thursday's spike.
Ex-commerce head WARNS of HARMFUL repercussions from tariffs
Former U.S. Secretary of Commerce Gina Raimondo discusses President Donald Trump's trade and tariff agenda on ‘The Claman Countdown.'
Review & Preview: The Nasdaq's Partying Like it's 2020
Semiconductor stocks surged as cloud providers doubled down on infrastructure spending.
Jim Cramer says the market's biggest winners all have one thing in common
CNBC's Jim Cramer said the market can be broken down into essentially two sectors: the data center stocks and everything else. He emphasized that the boom has expanded far beyond tech, fueling gains a...
Could Powell's decision to stay worsen relations between the Fed and the White House?
“I think there's a point where standing up to Trump moves into poking the bear with a sharp stick,” one analyst says.
US economy grows 2% as layoffs plunge to 55-year low, inflation lingers
Fresh data showed the economy expanded at a 2% annualized pace in the first quarter while core inflation rose 3.2% year-over-year in March.
Stocks clock their best month since 2020 as Wall Street shakes off Iran oil shock
The S&P 500 and Nasdaq composite just tallied their best month in six years, surprising the bears focused on oil prices.
Investors Ride Google, Caterpillar to Market's Best Month Since 2020
U.S. stock indexes rise on Thursday, with the Nasdaq composite closing at a record high.
Consumers Are Still Spending, but Cracks Are Emerging
Consumer spending remained solid in the first quarter, but slower wage growth, falling savings, and higher prices are starting to weigh on households.
Dow jumps 790 points as S&P 500 hits record on earnings boost
US stocks rallied on Thursday, with the Dow Jones Industrial Average surging nearly 800 points and the S&P 500 and Nasdaq both reaching fresh all-time highs, as strong corporate earnings helped invest...
Trump Says He Is Lifting Some Scotch Tariffs
President Donald Trump said he would be removing some whiskey tariffs following a visit from King Charles III during remarks to reporters at the White House.
Tech stocks close out best month since start of Covid pandemic in 2020
The Nasdaq Composite wrapped its best month since April 2020, climbing over 15%. Strong earnings reports across big tech have helped fuel the rally.
US economic growth bounces back, as AI buildout and consumer spending fuel first quarter
First quarter GDP grew at 2%, slightly below the expected 2.3%, as equipment investment in AI and computers along with consumer spending led growth.
Trump Says He Doesn't Care If Powell Stays on Fed Board
"I don't care. If he stays on he stays on,” President Donald Trump says when asked about his thoughts on Federal Reserve Chair Jerome Powell's decision to stay on the Fed Board of Governors after his ...
Getting conservative now while market digests recent gains, says CIBC's Chris Harvey
Chris Harvey, CIBC, joins 'Closing Bell' to discuss Harvey's thoughts on equity markets, the earnings story and much more.
Powell says he's staying on the Fed's board, impacting Trump and successor Kevin Warsh
Jerome Powell said Wednesday he plans to remain on the board of the Federal Reserve after his term as chair ends next month “for a period of time, to be determined,” saying the “unprecedented” legal a...
SHOCK DECISION: Powell REFUSES quiet exit from Fed
‘The Big Money Show' panel sounds off on Jerome Powell's decision to stay at the Federal Reserve, as tensions rise with President Donald Trump and incoming Chair Kevin Warsh over interest rate policy.
Thiel Capital's Jack Selby says markets have 'under-appreciated' Middle East's AI impact
Thiel Capital Managing Director Jack Selby sat down with CNBC's Robert Frank to discuss the Middle East's capex spending on AI and AI infrastructure.
Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid
When the Federal Open Market Committee gathers again in mid-June, it will mark the first time a sitting and former chair conduct central bank business together in nearly 80 years. The meeting with the...
Peter Schiff: U.S. Stocks Are a ‘Ticking Time Bomb' — What to Buy Before The Crash
Peter Schiff, Chief Economist and Global Strategist at Euro Pacific, warns the U.S. market is a ticking time bomb and breaks down where he believes investors should invest instead.
Trump says he will lift tariffs and restrictions on Scotland-Kentucky whiskey ties
U.S. President Donald Trump said on Thursday that he would be removing tariffs and restrictions related to Scotland's ability to work with the state of Kentucky on whiskey and bourbon.
Markets are underpricing the risk of Middle East pullback in AI, says tech investor Jack Selby
Middle East investors account for roughly a quarter of global investments committed to AI over the next five years, said Jack Selby, managing director of Peter Thiel's family office, Thiel Capital. If...
Hassett: I'm disappointed in Powell's decision to stay as Fed governor
National Economic Council Director Kevin Hassett says that he is disappointed in Jerome Powell's decision to stay on as a governor after his term as Fed chair ends.
Why the U.S. Economy Isn't Sliding Into 1970s-Style Stagflation
America's fixation on inflation is limiting economic growth.
Ackman blames retail traders for fund's weak Wall Street debut
Billionaire Bill Ackman on Thursday blamed retail investors for the roughly 18% drop in his newly listed closed-end fund's stock price a day earlier, adding that he expects shares to rebound.
U.S. senators ban themselves from prediction markets trading
The U.S. Senate unanimously passed a rule barring senators from trading on prediction markets effective immediately. The move came amid rising concern about insider trading on prediction market platfo...
COMPLETELY FALSE': Hassett REBUFFS claim that Fed independence is being attacked
White House National Economic Council Director Kevin Hassett joins 'Varney & Co.' to discuss the Fed's independence, Jerome Powell's future at the central bank and the state of the economy.
Fed's preferred inflation gauge hits 3-year high as gas prices spiked on Iran war
In the 12 months through March, PCE inflation shot up 3.5%, the biggest rise since May 2023 and above the Fed's 2% target.
US economy grew 2% despite Iran war — but Americans' spending slowed
The US economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall's 43-day federal government shutdown. But the outlook is cloud...
US consumer finance watchdog finalizes new rule on small lending data
The U.S. Consumer Financial Protection Bureau on Thursday finalized regulations to replace a Biden-era requirement for banks to collect demographic data on small business borrowers, according to a F...
The Big Picture: Inflation vs AI Spend, Bitcoin Needs to Test $80K
From macro to crypto, Thursday's Big Picture panel from @CharlesSchwab features a broad swath of market takeaways. Joe Mazzola breaks down the latest inflation data, AI capex spending from Mag 7 names...
1st Quarter 2026 Review
The major large-cap US indices (S&P 500, NASDAQ, and Dow) were lower in the first quarter of 2026 along with growth indices which were also lower across the market cap spectrum. Economic data continue...
Big central banks say rate hikes are getting closer
Major central banks left interest rates unchanged this week but warned that they could raise them soon to prevent a jump in energy prices, caused by the U.S.-Israeli war with Iran, spilling over into ...
Big Tech's $700 billion spending on AI this year is called the ‘greatest capital misallocation in history'
Investors were already uneasy last quarter when Alphabet, Amazon.com, Meta Platforms and Microsoft announced plans to spend a cumulative $650 billion on artificial intelligence in 2026. So when three ...
U.S. Leading Indicators Forecasts Further Slowdown
The Conference Board's Leading Economic Index declined by 0.6% in March, reversing a February increase.
Stagflation describes the 1970s, not today's economy, Lagarde says
The euro zone economy isn't facing stagflation even as growth and inflation risks intensify, European Central Bank chief Christine Lagarde said on Thursday.
Chicago grains pare gains, mirroring crude oil
Chicago grain futures reversed course on Thursday, tracking a retreat in crude oil prices that earlier hit a four-year high.
Hassett on Powell Staying at Fed, Inflation and Oil Spike
National Economic Council Director Kevin Hassett says productivity gains should help keep core prices under control and it would be a mistake for the Federal Reserve and ECB to hike rates during what ...
U.S. jobless claims sink to a 57-year low. Jobs aren't easy to find — or lose.
The number of people who applied for unemployment benefits in late April sank to a 57-year low, underscoring the remarkably low level of layoffs in the U.S. economy amid heavy turbulence.
Inflation Data Deep-Dive, Understanding Fed's Plan with Powell Sticking Around
Reporting from the Cboe, Kevin Hincks dives into a busy slate of economic data including the latest PCE and GDP prints. "None of it really scared the market too much," he adds.
Dow rises 314 points as earnings offset oil, inflation worries
US stocks opened higher on Thursday as investors balanced strong corporate earnings against rising geopolitical tensions in the Middle East and persistent inflation concerns. The Dow Jones Industrial ...
Powell STUNS Washington, DEFIES exit by staying on Fed
Sen. Tim Scott, R-S.C., joins ‘Mornings with Maria' to discuss Kevin Warsh's Fed nomination, credit President Donald Trump for economic gains, outline GOP midterm strategy, and weigh in on crypto, bor...
5 Things to Know Before the Stock Market Opens
Stock futures are rising as investors digest a barrage of earnings reports from tech giants and other major companies; quarterly results from Alphabet, Meta, Amazon and Microsoft all came in above Wal...
Atlas Merchant Capital CEO: There are growing risks around inflation and U.S. debt
Robert Diamond, Atlas Merchant Capital Founding Partner and CEO, says rate cuts are unlikely, warns on inflation and debt risks, and highlights growth in 24 7 trading and commodities markets.
‘Big Short' investor Steve Eisman: I don't have a problem with the market right now
Steve Eisman, ‘The Real Eisman Playbook' podcast host and former Neuberger senior portfolio manager, joins 'Squawk Box' to discuss the state of the economy, latest market trends, state of private cred...
Elevated Energy and Inflation: What's Next for the Fed
Kenny Polcari joins Diane King Hall at the NYSE to provide his market analysis as investors gauge positioning amidst elevated crude oil prices. He says the inflation data will also be elevated, as it ...
US economic growth rebounds 2% as consumer spending slows amid Iran war
First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fears
U.S. economy rebounded in first quarter, driven by sizzling-hot business investment
The U.S. economy rebounded to a solid 2% annual growth rate in the first quarter after a tepid 0.5% growth rate in the prior quarter, as the artificial-intelligence spending boom appears to be gatheri...
Iran War Lifts Fed's Targeted Inflation Metric
Higher energy prices ratcheted up the Federal Reserve's preferred measure of inflation in March, illustrating why plans for further rate cuts have grown divisive at the central bank.
Mag 7 Earnings Boost Futures
A day after 4 Mag 7 companies reported their quarterly numbers, futures are moving higher despite threats of escalation in Iran and higher oil prices. Kevin Green examines the reports of Alphabet (GOO...
Former NEC Director Gary Cohn: Rising oil prices will have an impact on U.S. consumption power
Gary Cohn, IBM vice chairman and former Trump NEC director, joins 'Squawk Box' to discuss the state of AI capex spending, state of the economy, impact of Iran war on oil prices, news of White House op...
The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold
Federal debt exceeding the size of the economy is a potent symbol of the gathering fiscal stresses on the U.S.
Key Inflation Meter Jumped Again During Iran War—As Consumer Prices Remain High
The Federal Reserve's favored inflation reading rose once again in March, according to federal data published Thursday, providing the latest insight into how the war in Iran disrupted consumer prices ...
U.S. Jobless Claims Fell Last Week
U.S. jobless claims fell more than expected last week as layoffs remained contained despite cooling job growth.
Fed's favored inflation gauge remained elevated in March
The latest PCE inflation data was released by the Commerce Department which showed that inflation rose and remained elevated in March due in part to the Iran war's impact.
Core inflation rate hit 3.2% in March, as expected; GDP grew 2% in first quarter
Consumers faced escalating prices in March as the Iran war sent oil soaring and created a new level of challenges for the Federal Reserve. The core personal consumption expenditures price index, which...