The US markets kicked off the shortened week on a downward trend, with the looming Good Friday holiday. As of 9:00 pm IST, the S&P 500 slipped by 0.19 percent to 5,224.15. Similarly, the Nasdaq Composite saw a decrease of 0.13 percent to 16,406.66, while the Dow Jones Industrial Average experienced a decline of 0.30 … Read more
15 Mins Ago Deutsche Bank stands by NIO buy rating but slashes price target 31% Deutsche Bank stood by Shanghai-based electric vehicle manufacturer NIO Inc. in a report out Thursday, rating the $12 billion stock a buy ahead of quarterly results due Dec. 5. But the firm slashed its price target by 31% to $11 … Read more
2 Hours Ago China’s manufacturing activity unexpectedly expands in November: Caixin survey Workers assemble mini excavators in a factory of heavy machinery in Suzhou in east China’s Jiangsu province on Oct. 23, 2023. Future Publishing | Future Publishing | Getty Images China’s manufacturing sector unexpectedly expanded in November, according to a survey by Caixin. The Caixin … Read more
An Hour Ago China official PMI unexpectedly weakens for a second straight month in November China’s factory activity shrank for a second straight month in November, signaling that the world’s second-largest economy is not yet out of the woods and may require more muscular policy support. The official manufacturing purchasing managers’ index fell slightly to … Read more
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie Plesch| Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) on October 20, 2023 in New York City. Spencer Platt | Getty Images Stock futures ticked higher on Monday morning as traders looked ahead to the release of corporate earnings from tech industry behemoths. Futures tied to the Dow Jones Industrial Average rose … Read more
Global Market Update: The Dow and S&P 500 were lower on Monday with utilities falling sharply, Nasdaq barely changed as investors weighed the likelihood that the Fed will hold interest rates higher for longer. The S&P 500 lost 22.24 points, or 0.52%, to 4,265.81 in late trading. The Dow Jones was down 198.93 points, or … Read more
