Stock Market News
Taylor Farms to recall products linked to cyclosporiasis outbreak, Bloomberg News reports
California-based supplier Taylor Farms will recall products linked to an ongoing cyclosporiasis outbreak tied to lettuce served at Yum Brands' owned Taco Bell, Bloomberg News reported on ...
Why Trump's speech on U.S. elections could be bad for markets
President Donald Trump's primetime speech on Thursday night is bad for markets because he antagonized China at a time when the U.S. could use Beijing's help in the war with Iran — and because his word...
Why Is the Stock Market Down Today, 7/17/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading lower on Friday as the selloff in AI stocks deepens. AI stocks have come under fire in recent…
Consumers More Confident, But Fear Inflation, Hsu Says
The University of Michigan says consumers are feeling better, but they're still worried about rising inflation. The latest survey shows sentiment at a five-month high, but consumers still expect price...
The market is still pricing in a Fed rate hike later this year: Apollo's Torsten Slok
Torsten Slok, partner and chief economist at Apollo Global Management, joins CNBC's 'Squawk on the Street' to discuss the latest market trends, the outlook for the Federal Reserve, and more.
China says US will restore Hong Kong's special trade status
The United States is set to restore Hong Kong's special trading status, revoked in a 2020 order by U.S. President Donald Trump in response to Beijing's imposition of a national security law in the fi...
What is a micro-cap IPO—and why are they disappearing from the stock market?
We are at an inflection point, a moment when AI-driven mega IPOs are flooding the market—from SpaceX to the frenzy surrounding OpenAI's and Anthropic's upcoming initial public offerings. Meanwhile, sm...
U.S. Consumer Sentiment Rallies as Falling Gas Prices Ease Inflation Fears
The University of Michigan’s Index of Consumer Sentiment staged a comeback in July, rising to a preliminary reading of 54.4 from 49.5 in June. That came in above the estimate…
Consumer Sentiment Climbed in July, per Michigan Survey
Americans' economic mood improved earlier this month as gasoline prices cooled, according to the preliminary results of the University of Michigan's monthly survey.
China's New AI Fuels Tech Rout
A surprise breakthrough from a Chinese artificial intelligence startup rippled through global markets Friday, sending AI and semiconductor stocks sharply lower. The catalyst was Moonshot's new Kimi K3...
Jeff Currie Says Situation in Energy Is ‘Dire'
Jeffrey Currie discusses the current complexities in the oil market. He highlighted that despite one of the highest crack spreads since the mid-1980s, crude oil futures have softened due to significan...
Dow Jones Stumbles as U.S. Targets Iran’s Infrastructure
The Dow Jones (DJIA) is trading lower on Friday after the U.S. carried out strikes against Iran for the sixth consecutive day. However, the U.S. escalated tensions by targeting Iranian…
Dow sinks 480 points as AI selloff deepens, chip stocks extend losses
Wall Street's main indexes opened lower on Friday as investors continued to pull back from semiconductor stocks, extending a broader reassessment of the artificial intelligence-driven rally that had p...
End of an era for this long-term bond bull as inflation takes hold and yields trend higher
For more than three decades, Hoisington Investment Management and its chief economist Lacy Hunt have been bullish on bonds. But now their opinion has changed.
Aston Martin says it is in talks for potential funding to boost liquidity
Luxury carmaker Aston Martin said on Friday it has ongoing discussions with potential financing providers, following a media report that it is in talks with lenders including BlackRock-owned HPS Inv...
S&P 500 Slips as AI Selloff Intensifies
The S&P 500 (SPX) is trading lower on Friday as investors continue to sell off AI-related stocks. Semiconductor and memory stocks, including AMD ($AMD), Micron ($MU), and Intel ($INTC), remain…
US Indices Forecasts – US-Iran Missile Trades Spark Early Selling Pressure
US indices dropped early on Friday, as the conflict in the Middle East continues to cause headaches, and earnings season will be crucial.
We're In Third Inning of AI Revolution, Ives Says
Dan Ives, partner and senior managing director at Yorkville Ives & Co., talks about the recent rout in AI and semiconductor stocks, the new AI models coming out of China and his new role. He speaks on...
U.S. Import Prices Unexpectedly Rise in June
Overall import prices rose 0.3% in June, less than the downwardly revised increase of 1.7% in May, the data showed.
Import prices post surprise gain as costs of goods from China hit highest since 2008
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere. On an annual basis, prices jumped 7.7%, the biggest move higher since August 2022.
How Sky-high Deficits Threaten the Bond Market
The Treasury is issuing record debt into a market that is increasingly unfriendly to profligate governments.
From Hype to Hesitation: The Unanswered Questions Driving the Stock Market Drop
Tech stocks are sliding. But not one is sure why, or even when they might stop.
5 Things to Know Before the Stock Market Opens on Friday
Stock futures are lower this morning as the tech sector remains under pressure; major indexes enter Friday's session on track to post losses for the week amid a volatile stretch of trading for AI stoc...
Futures Fall as Chip Stocks Remain Under Pressure; Netflix (NFLX) Shares Plunge
U.S. stock futures were down on Friday morning amid persistent weakness in chip stocks and escalating geopolitical tensions in the Middle East. Also, investors continued to assess major earnings repor...
T Rowe. Price's Sebastien Page on the 3 key trends facing the markets
Sebastien Page, T. Rowe Price head of global multi-asset and CIO, joins 'Squawk Box' to discuss the latest market trends, state of AI adoption, inflation concerns, and more.
Dow futures plunge 360 points: 5 things to know before Wall Street opens
US stock futures fell sharply on Friday as the retreat from artificial-intelligence winners gathered momentum and Netflix's cautious outlook added another fault line to a stretched market. Nasdaq 100 ...
Economic outlook is worsening and Trump is getting blamed, CNBC survey finds
Americans remain deeply concerned about their financial future despite a surging stock market and lower gas prices, the latest CNBC All-America Economic Survey. Amid the angst over rising prices for f...
Chips and ships
We can't seem to get away from semiconductors and straits. Asian stocks continued to tumble this week even after tech giants like Taiwan's TSMC reported blockbuster numbers. While these ructions may i...
The Tech Selloff Is Turning Into a Rout
Apple sits out AI spending spree, Netflix disappoints on outlook, Verizon to slash 3,000 jobs, and more news to start your day.
U.S. Treasury Yield Fall Accelerates
A fall in U.S. Treasury yields accelerated as oil prices stabilized.
Why Most Investors Didn't Beat the Market During a Great Quarter
Thursday got ugly for tech stocks, especially for chip makers, and Friday could be about as bad based on Nasdaq futures, which are off again. Investors are finding refuge in dowdier sectors such as co...
Global equity funds draw inflows for the eighth week on earnings optimism
Global equity funds attracted inflows for an eighth consecutive week through July 15, as investor risk appetite was lifted by a strong start to the earnings season and cooler U.S. inflation data tha...
Retail investors had been outperforming the market since May. Not any more.
Retail investors had a pretty strong two-month stretch when they were outperforming the broader market by as much as 10 percentage points. That's now come to a close.
Stock Market News Today, 7/17/26 – Futures Tumble as U.S.-Iran Tensions and Tech Selloff Rattle Markets
U.S. stock futures fell sharply ahead of Friday’s session as escalating military tensions between the U.S. and Iran and renewed weakness in technology stocks weighed on investor sentiment. Investors a...
Bad week for ‘the ants' as ripple effects of Korean crash spread out across Asia
It was a bad week for “the ants,” as South Korea's army of retail traders are known colloquially. 1.2 million of them were clobbered with margin calls.
U.S. Stock Futures Lower as Chip Selloff Rocks Markets
Losses for the Nasdaq were set to deepen, with stocks across the AI complex falling in premarket trade.
Stock Market Today: Nasdaq Futures Drop as Chip Selloff Deepens
The chip-stock selloff is accelerating. Nasdaq-100 futures are down almost 2% this morning, with the Dow industrials and the S&P 500 also poised to open lower.
Asian stocks slump as chipmakers weigh on markets
Asian stocks fell on Friday as a global rout in chipmakers weighed on global equity markets.
Hyperscaler Earnings Will Dictate: 3-Minutes MLIV
Anna Edwards, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Asian equities sell-off follows U.S. market concerns over AI rally
Asian markets suffer a sell-off as jitters over the AI rally persist Stateside. The U.S. hits Iran for a sixth consecutive day, targeting bridges in the south while Tehran retaliates with a barrage of...
AI Momentum Drives 2Q Earnings: Markets Snapshot
A marathon week of earnings from Wall Street banks and some of the world's biggest tech companies has delivered the latest sign of sustained demand for the artificial intelligence buildout. Meanwhile,...
Stock Futures Fall as Semiconductor Selloff Weighs on Global Markets
U.S. stock futures fell ahead of Friday’s session as another selloff in technology stocks weighed on global markets. Investors also digested a fresh round of earnings reports, including Netflix’s ($NF...
Stop Worrying About AI and Focus on the Rest of the Market
Chip stocks and other tech trades have been volatile lately. But earnings growth for the S&P 500 should still be strong.
Asian Currencies Consolidate, May Be Weighed by Risk-Off Sentiment
Asian currencies consolidated against the dollar, but may be weighed by risk-off sentiment.
Global energy security at risk if Strait of Hormuz does not open in weeks, IEA chief says
If the U.S. and Iran do not increase oil flowing through the Strait of Hormuz soon, the world should worry about energy security, International Energy Agency Executive Director Fatih Birol said on T...
Review & Preview: No More Easy Money in AI
A steep tech rout on Wall Street and a interest-rate hike in Seoul signal a tougher road ahead for the market's favorite trade.
U.S. Stock Futures Slide as Chip Weakness Weighs on the Market
U.S. stock futures were down on Thursday evening after a weak trading session due to a decline in major semiconductor stocks and a busy round of earnings. Futures on the Nasdaq…
LARRY KUDLOW: A new Goldilocks -- Strong growth and falling prices
After two great inflation numbers where the level of both consumer and producer prices actually declined in June from the prior month, reported out Tuesday and Wednesday, today we get another big numb...
Notes from the Desk: Priced for Perfection
The crescendo of AI-related spending is affecting all corners of the capital markets. Debt financing has been especially impacted this year given the epic financing needs of the largest hyperscalers.
Here's What Is Happening Behind the Market's Swings, in Charts
Falling chip stocks, rising transports and indexes still within reach of records.
Thursday's Final Takeaways: Mixed Ecodata in Jobless Claims & Pending Home Sales
Sam Vadas turns to the macro front for Thursday's final takeaways, discussing what is considered a positive decline in jobless claims and a negative decline in pending home sales. ======== Schwab Netw...
This bull market may be younger than investors think, says Carson Group's Ryan Detrick
Ryan Detrick, Carson Group, joins 'Closing Bell' to discuss Detrick's thoughts on the bull market, what the future leadership of the bull market looks like and much more.
The U.S. stock market is looking like a rubber band ready to snap
The S&P 500 has been treading water for more than a month now, but beneath the surface of the U.S. equity market, big changes are taking shape.
Stock Market Today: SPY, QQQ Retreat on Iran’s New Threat ahead of Trump’s Primetime Address
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed lower on Thursday as investors assessed new U.S.-Iran developments ahead of President Trump’s primetime address later tonight.
Chip Stocks Fall as AI Trade Loses Steam
U.S. stocks fell as a fresh wave of selling hit semiconductor stocks, overshadowing record earnings from Taiwan Semiconductor Manufacturing and strong results from UnitedHealth.
Nasdaq Falls Sharply as Chip-Stock Slump Overshadows TSMC Record
Plus, UnitedHealth gains on blowout earnings and SpaceX drops below its IPO price.
S&P 500 Top Stock Gainers Today, 7/16/26
The S&P 500 (SPX) closed in the red on Thursday as U.S.-Iran tensions ramped higher with no deal in sight. Let’s break down the sectors behind the performance. Today’s Top-Performing Sector Consumer s...
Strong retail sales mask widening K-shaped economy as consumer financial stress mounts
The U.S. consumer continues to support economic growth, but beneath resilient headline spending, new data point to mounting financial stress for many households.
U.S. Mortgage Rates Volley to 11-Month High as Inflation Fears Accelerate
The 30-year fixed-rate mortgage rose to 6.55%, up from 6.49% a week ago, Freddie Mac (FMCC) said on Thursday. That’s the highest level since August 2025 and comes amid rising…
Why Is Silver Down Today, 7/16/26?
Silver (XAGUSD) is down by over 3% on Thursday in response to escalating U.S.-Iran tensions that could push oil prices higher. Iran has said it would call on the Houthi…
Summer Stock Market Rallies Aren't Meant to Last
August and September are the only two calendar months that tend to decline on average,
Dallas Fed President Logan calls for 'modestly' higher interest rates
Dallas Federal Reserve President Lorie Logan pushed Thursday for "modestly" higher interest rates she said are necessary to bring inflation back to the central bank's 2% target. The Federal Open Marke...
Mortgage rates jump to highest level in almost a year
The average rate on a 30-year fixed mortgage rose this week to 6.55%, according to the latest Freddie Mac data released Thursday. That is up from last week's reading of 6.49%.
Dow Jones Today: DJIA Muted as Retail Sales Edge Higher; U.S.-Iran Tensions Escalate
The Dow Jones (DJIA) is flat on Thursday following a U.S. spending update and amid heightened U.S.-Iran tensions. Retail sales rose 0.2% in June, missing expectations of 0.3% and falling…
Sharp Drop in Diesel Supplies Threatens to Rev Up Inflation Again
Truckers and farmers are facing a supply crunch that is pushing prices higher.
Opinion | Is South Korea Hostile to U.S. Businesses?
A report from Congress accuses Seoul of targeting Coupang, a Seattle-based e-commerce company.
Mortgage rates jump to the highest level of 2026
Mortgage rates edged up to the highest level in a year, delivering a fresh blow to the housing market.
Hyperscaler CapEx Isn't "Binary:" Analyzing AI Spending's Grip on Stock Market
With all the AI weakness rattling Wall Street, @CharlesSchwab's Joe Mazzola says investors will be watching hyperscaler earnings more than ever. However, he adds that the macro picture is "pretty good...
Retail Sales Shift to Essentials as Discretionary Spending Slows
In June, retail sales continued to grow, but the composition of that growth saw consumers making more deliberate choices about where their money goes. Households continued to spend where purchases wer...
Dimon urges calm over fear about AI's impact on jobs: 'Stop being breathless over it'
Jamie Dimon urged calm over AI job loss fears, saying JPMorgan Chase reskills and redeploys workers rather than cutting headcount as technology advances.
Future Home Sales Sink 5.4%, and Mortgage Rates Aren't Helping
The data point is another headed in the wrong direction for investors who waiting for a housing rebound after last week's disappointing existing-home sale data.
Trump Administration Slaps 25% Tariffs on Brazil for ‘Unfair Trade Practices’
The Trump administration is set to hike Brazil’s tariff rate to 25% from 10%, effective Wednesday, July 22. The move follows a Section 301 investigation by the U.S. Trade Representative…
Why Is the Stock Market Down Today, 7/16/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are trading lower as investors assess escalating tensions between the U.S. and Iran. The U.S. has continued to launch strikes…
U.S. Pending Home Sales Fell in June
The pending home sales index, a leading indicator of house sales based on contract signings, fell 5.4% in June to 72.5. Economists polled by The Wall Street Journal had forecast the reading to be flat...
'Not a junk rally:' How to trade the strongest small-cap stock market in three decades
The Russell 2000 small-cap stock index is up almost 20% this year, its best first half since 1991, and investing experts say the rally can keep running.
Market Open: Stocks Mixed, Crude Above $80; Retail Sales as Expected • 7/16/26
CNBC Business News Update with Jessica Ettinger - Markets & Business News With Expert Analysis From Top Business Names.
Banking Committee's Sen. Rounds liked Warsh's 'tone' in first testimony as Fed chairman
Sen. Mike Rounds, R-S.D., told CNBC's "Squawk Box" on Thursday that Federal Reserve Chairman Kevin Warsh struck the right tone on inflation and the central bank's independence in two appearances befor...
US pending home sales slump in June amid affordability challenges
Contracts to purchase previously owned U.S. homes fell more than expected in June as higher mortgages and house prices pushed prospective buyers to the sidelines.
Retail Sales Shows Consumers Staying Resilient, TSM Adds Equity Pressure
Kevin Hincks kicks off Thursday's trading session with a glimpse at the retail sales that show a still-resilient American consumer. On the other side of the Fed's dual mandate, he talks about the "low...
Dow Jones Flat as Iran Threatens Second Global Energy Chokepoint
The Dow Jones (DJIA) is set to open Thursday near unchanged following a new major threat from Iran. Iran has urged Yemen’s Houthi forces to shut down Red Sea shipping…
The Fed has to hike interest rates this year, says SMBC's Joe Lavorgna
Natasha Sarin, Yale Law School professor and former Biden Treasury official, and Joe Lavorgna, SMBC chief economist and former Trump Treasury official, join 'Squawk Box' to discuss the state of the ec...
Treasury Yields Rise as U.S. Job Market Remains Resilient
Treasury yields rose as data indicated the U.S. job market remains resilient.
U.S. Retail Sales Rose at Slower Pace Last Month
Sales growth at U.S. retailers rose at a slower pace in June as consumers spent less on gasoline due to falling prices at the pump.
Nasdaq 100: Chip Stocks Slide Despite TSMC Beat as US Stocks Retreat
Nasdaq 100 slips as chip stocks tumble despite TSMC's earnings beat. See why tech stocks are under pressure and what retail sales mean for US indices.
U.S. Jobless Claims Unexpectedly Dropped Last Week
The number of people who filed for unemployment benefits was 208,000 in the week through July 11, 8,000 fewer than the upwardly revised 216,000 reported a week earlier, the Labor Department said.
Retail sales get boost from car buyers and Amazon Prime Day. Economy hasn't lost its mojo.
Sales at retailers rose in June as Americans bought more new cars and spent more online during Amazon's annual summer sales event, signaling steady growth in the U.S. economy.
Futures Mixed on Weakness in Semiconductor Stocks
U.S. stock futures traded mixed on Thursday morning amid a sell-off in major semiconductor stocks. Micron ($MU) stock was down 5% in pre-market trading, while shares of SanDisk ($SNDK), Advanced…
Japan tried tightening the way Kevin Warsh suggested. Here's how it worked out.
Japan tried what Kevin Warsh suggested — tightening through a balance-sheet reduction rather than hiking interest rates.
5 Things to Know Before the Stock Market Opens on Thursday
Stock futures are mixed as tech shares pull back while investors assess a new batch of earnings reports; chip stocks are falling as volatility in the AI trade continues; Taiwan Semiconductor's U.S.-li...
It's quite easy today to find a diversified portfolio trading at low-teens multiples: Bill Nygren
Bill Nygren, Harris Oakmark Funds partner, portfolio manager and U.S. CIO, joins 'Squawk Box' to discuss the latest market trends, state of the AI trade, which areas of the market he likes right now, ...
US Stock Market Forecast – Mixed Indices Eye Crucial Technical Supports
The US indices continue to look noisy, but at this point, we aren't that far from all-time highs.
Iran warns of 'red line' as Hormuz standoff escalates
Iran warns on its “red line” in the Strait of Hormuz as U.S. President Donald Trump reportedly weighs expanding military operations. CNBC's Dan Murphy reports from Abu Dhabi.
The stock market has a ‘Magnificent Seven' problem — but not the one bears are warning about
For most of this bull market, skeptics have had a simple complaint: “It's only seven stocks.” The so-called “Magnificent Seven” tech stocks were propping up the market, and if they stumbled, the bull ...
The Surprising Tech Rotation Boosting Stocks This Earnings Season
U.S. stocks remain deep in the throes of a major rotation heading into the teeth of the second-quarter earnings season, and the traditional August lull that follows, as investors take money from highf...
Morning Bid: Damp Squib
What matters in U.S. and global markets today. Another day, another test for chip stocks. While Taiwan's TSMC delivered a blockbuster earnings beat, Asian equities still slid. Meanwhile, the U.S. infl...
Shortsellers take aim at manufacturing in June amid supply chain stress, Hazeltree data shows
Global hedge funds bet heavily against manufacturing stocks in June, data from Hazeltree shows, as investors grew more concerned about supply-chain disruption from renewed tensions around the Strait ...
The Lehman Brothers of the AI bubble is coming, says this critic warning of a fallout for tech and the entire market
OpenAI is going down, and taking investors and an entire industry with it, argues artificial-intelligence critic Ed Zitron.
U.S. grocery slowdown deepens as shoppers buy fewer items, raising pressure on food companies
Grocery unit sales fell 1.8% in June vs. last year as shoppers cut back, outweighing food inflation, new Bain data shows.
Look Out Below When the Price Isn't Right
Stock and oil prices have had a dramatic week, and it's only Thursday. After fretting over renewed fighting with Iran and corporate AI victims while cheering big bank earnings, they'll have something ...
Dow futures surge 130 points today: 5 things to know before markets opens
US stock futures were mixed on Thursday as investors paused after a two-day advance and weighed whether strong earnings can keep the rally moving while semiconductor shares remain under pressure. Futu...
Stock Market News Today, 7/16/26 – Futures Slip as Tech Selloff Continues ahead of Key Earnings
U.S. stock futures edged lower ahead of Thursday’s session as a sell-off in technology stocks continued to weigh on investor sentiment. Futures on the Nasdaq 100 (NDX), the S&P 500 Index (SPX), and…
Evicting Wall Street From the Housing Market Will Be Messy
A new law aims to make Wall Street investors feel unwelcome in the market for existing homes, while at the same time urging them to build more supply. It is a tricky balancing act, and failure would p...
Stock Market Today: Nasdaq Set for Lower Open as Chip Stocks Come Under Pressure
Whipsaw moves in chip stocks are front and center again this morning, with steep drops in SK Hynix and Samsung sending South Korea's Kospi index more than 6% lower, and AI stocks sliding before the op...
U.S. Stock Futures Fall on Fresh AI Wobble
Memory chip stocks continued to yo-yo in Asia, with Korea Exchange briefly suspending trading as SK Hynix and Samsung Electronics cratered.
Stock Futures Rise on Cooling Inflation and Strong Earnings
U.S. stock futures moved higher ahead of Thursday’s session as cooling inflation and strong earnings from major financial companies boosted investor sentiment. A weaker-than-expected U.S. Producer Pri...
Asia Equities Mostly Decline on AI Concerns
Asia-Pacific equities mostly declined, as a pullback in U.S. chip stocks fueled concerns about the longevity of artificial-intelligence enthusiasm and weighed on chip-heavy South Korea.
Wall Street Traders Are Having Their Best Year Ever
JPMorgan, Goldman and other big banks are raking in trading revenue this year as “the market is clearly extremely risk-on.”
Review & Preview: Losing Momentum
The Invesco S&P 500 Momentum ETF fell on Wednesday while major stock indexes climbed higher.
Jim Cramer says he needs 'cold hard' proof that AI is paying off
CNBC's Jim Cramer said he's looking for companies to start showing measurable financial returns from their AI investments. He sees AI infrastructure companies are benefiting, but corporate customers h...
Jim Cramer questions whether Wednesday's rally in Big Tech will have staying power
CNBC's Jim Cramer warned that Wednesday's rally in tech may have gotten carried away from fundamentals. He pointed to jumps in the stocks of Alphabet, Microsoft, Meta and Amazon without any fundamenta...
Larry Kudlow: This is my 'hunch' about the Federal Reserve
FOX Business host Larry Kudlow discusses the impact of inflation data on the Federal Reserve's decision-making on 'Kudlow.
U.S. Stock Futures Edge Higher after Inflation-Driven Rally
U.S. stock futures were slightly up Wednesday evening after a rally fueled by cooler inflation and lower Treasury yields. Also, solid earnings from financial companies, released today, helped lift inv...
This powerful stock-market momentum trade has hit a wall after seeing biggest unwind since 2001
So far, the selloff hasn't done much to dent the S&P 500, as other stocks and sectors have picked up the slack
Analysis: Fed Chairman Warsh faces an inflation credibility test after Congress hearings
Fed Chairman Kevin Warsh took two days of House and Senate questioning and made few major missteps. Lawmakers in both parties agreed prices are still rising too fast, putting pressure on Warsh to deli...
AI is so big, it's now impossible for investors to avoid
For decades, the golden rule of investing was simple: Put 60% of your money into stocks for strong returns and 40% into bonds for safety. But according to Torsten Slok, chief economist at Apollo, that...
World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says
While the FIFA World Cup provided a tourism boost to host cities, its positive impact was mitigated by economic weakness seen elsewhere, according to a Federal Reserve report. Bars in Boston reported ...
Wednesday's Final Takeaways: Cooler PPI & Chinese ADRs
Sam Vadas discusses PPI data coming in cooler than expected reshaping inflation concerns. She also touches on investors rotating into Chinese ADRs.
Megacap Tech Lifts U.S. Stocks
U.S. stocks edged higher as gains in megacap technology names offset weakness in chip stocks.
Dow rises 150 points as Big Tech leads gains after soft inflation data
US stocks closed higher on Wednesday as investors welcomed another softer-than-expected inflation report and a strong start to the second-quarter earnings season, while rotating out of semiconductor s...
Concerns grow about tariffs in US sanctions bill on Russia
Potential tariffs in a U.S. bill imposing sanctions on Russia drew concern from Democratic lawmakers on Wednesday who said it could give President Donald Trump new powers to impose trade measures on...