Tag Markets

CNBC Daily Open: Things are ‘likely to remain messy’

CNBC Daily Open: Things are ‘likely to remain messy’

Traders work on the ground of the New York Stock Exchange (NYSE) in New York City, September 26, 2023. Brendan McDermid | Reuters This report is from as we speak’s

Continue ReadingCNBC Daily Open: Things are ‘likely to remain messy’

Costco CEO says more younger people are signing up for memberships

Costco CEO says more younger people are signing up for memberships

Costco CEO Craig Jelinek advised CNBC’s Jim Cramer on Wednesday that his firm is drawing more younger people to its membership base. “We’re seeing more younger people signal up, completely,”

Continue ReadingCostco CEO says more younger people are signing up for memberships

Stocks making the biggest moves after hours: Micron, Peloton, Jefferies and more

Stocks making the biggest moves after hours: Micron, Peloton, Jefferies and more

The Micron Technology Inc. workplaces in Shanghai on April 6, 2023. Qilai Shen | Bloomberg | Getty Images Check out the corporations making headlines in prolonged buying and selling. Micron

Continue ReadingStocks making the biggest moves after hours: Micron, Peloton, Jefferies and more

Investors see 2023 gain as a bear market bounce and expect a recession next yr, CNBC survey shows

Investors see 2023 gain as a bear market bounce and expect a recession next yr, CNBC survey shows

Traders work on the ground of the New York Stock Exchange (NYSE) in New York City, September 26, 2023. Brendan McDermid | Reuters A majority of Wall Street buyers have

Continue ReadingInvestors see 2023 gain as a bear market bounce and expect a recession next yr, CNBC survey shows

10-year Treasury yield reaches level not seen in more than 15 years

10-year Treasury yield reaches level not seen in more than 15 years

The benchmark 10-year Treasury yield rose Wednesday, reaching its highest level in more than 15 years, as merchants weighed fears of persistent inflation and tighter financial coverage for longer than anticipated.

Continue Reading10-year Treasury yield reaches level not seen in more than 15 years

Stocks making the biggest moves noon: Costco, Paramount, MillerKnoll, ChargePoint and more

Stocks making the biggest moves noon: Costco, Paramount, MillerKnoll, ChargePoint and more

Pavlo Gonchar | Lightrocket | Getty Images Check out the firms making headlines in noon buying and selling. Media shares — A handful of media and studio shares rose Wednesday

Continue ReadingStocks making the biggest moves noon: Costco, Paramount, MillerKnoll, ChargePoint and more

What Cramer thinks a potential government shutdown, auto strike mean for equities

What Cramer thinks a potential government shutdown, auto strike mean for equities

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Equities surrender good points Costco

Continue ReadingWhat Cramer thinks a potential government shutdown, auto strike mean for equities

Gensler is testifying before Congress and facing increasing lawsuits over his many rule changes

Gensler is testifying before Congress and facing increasing lawsuits over his many rule changes

Securities and Exchange Commission Chair Gary Gensler is testifying before the House Financial Services Committee right now. It can be very very like his testimony two weeks in the past to

Continue ReadingGensler is testifying before Congress and facing increasing lawsuits over his many rule changes

The U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says

The U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says

Washington, D.C. – March 17, 2023: President Joe Biden and House Speaker Kevin McCarthy communicate exterior the Annual Friends of Ireland Luncheon on the U.S. Capitol. Drew Angerer | Getty

Continue ReadingThe U.S. is weaker now than when we downgraded in 2011, former S&P ratings chairman says