Employees work on the assembly line of an intelligent factory of SERES Automobile Co., Ltd in Chongqing, China on July 19, 2022. Vcg | Visual China Group | Getty Images Asia-Pacific markets were mixed Wednesday, following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records. China’s industrial…
U.K. inflation picks up in October A shopper browses fruit and vegetables for sale at an indoor market in Sheffield, UK. The OECD recently predicted that the UK will experience the highest inflation among all advanced economies this year. Bloomberg | Bloomberg | Getty Images U.K. inflation picked up sharply to a higher-than-expected 2.3% in…
Nestle to cut additional $2.8 billion of costs by 2027 The company’s logo is seen at a Nestle plant in Konolfingen, Switzerland September 28, 2020. Arnd Wiegmann | Reuters Nestle on Tuesday said it would cut at least a further 2.5 billion swiss francs ($2.8 billion) on top of existing initiatives by the end of…
Traders work on the floor of the New York Stock Exchange during the opening bell on Nov. 13, 2024. Angela Weiss | AFP | Getty Images Stock futures were slightly higher on Sunday night as Wall Street awaits a major earnings week and monitors a seemingly fizzled out postelection rally. Futures tied to the Dow…
CNBC’s Jim Cramer on Friday highlighted the biggest events next week on Wall Street, pinpointing earnings reports from Nvidia, TJX and Walmart. And as postelection worries create an uncertain market landscape, he advised that investors proceed with caution. “Look, I’ve told you that there are many pitfalls with individual stocks when it comes to Trump…
A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading reinforced expectations that the Fed would cuts rates again in December. The CPI…
The exchange-traded fund industry is trying to make pair-trade strategies more accessible to everyday investors. Tidal Financial Group’s Michael Venuto filed last month for eight two-stock ETFs: going long one stock and short the other. “They should come out probably in about two or three months,” Venuto, the firm’s chief investment officer and co-founder, said on CNBC’s…
Sebastien Bozon | AFP | Getty Images With massive corporations including Alphabet, Meta, Apple, Microsoft and Amazon set to report earnings next week, CNBC’s Jim Cramer on Friday urged investors to keep a level head. He also said not to forget about the nonfarm payroll report next Friday, where a weak hiring result could urge…
Tokyo, Japan skyline with the Tokyo Tower Chunyip Wong | E+ | Getty Images Asia-Pacific markets mostly rose on Friday, with investors awaiting Japan’s general election over the weekend. Japan also released its October inflation numbers for the capital city of Tokyo on Friday, its last key economic data before the election. The Bank of…
A bronze bull statue outside the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, June 3, 2024. India’s stock futures jumped after exit polls indicated a resounding victory for Prime Minister Narendra Modi’s ruling party in general elections that concluded Saturday. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images…
