Stocks were brutalized Friday in a way we haven’t seen in ages. Everything except some downtrodden consumer packaged goods stocks, led by the resurgent PepsiCo , was slaughtered. The headwinds were enormous and came from disparate places. Bond yields came down huge, something that equity markets normally greet with tremendous relief and price-to-earning multiple expansion….
Wall Street’s weekly performance was near the flat line heading into Friday. Things started OK on the final trading day of the week, until President Donald Trump ‘s new China trade threats tanked the stock market. The S & P 500 lost 2.71% on Friday — the worst single-session decline since April 10, the day…
Polignano a Mare in the Region of Puglia. Italy. Artur Debat | Moment | Getty Images United Airlines‘ summer 2026 international travel plan is out, and smaller European cities are in. Starting April 30, United plans to fly from its hub at Newark Liberty International Airport in New Jersey to Split on the Croatian coast…
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 Thursday’s key moments. 1. The stock market was lower Thursday, with the S & P 500 and Nasdaq both retreating from their previous record-high closes. This comes after Wednesday’s furious rally in the…
Day three of the federal government shutdown came and went Friday, with no end in sight. The stock market saw more all-time highs before the rally ran out of steam. The S & P 500 on Friday eked out a fractional gain for its 29th record-high close since the market’s tariff lows in early April….
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Wall Street lost some steam in afternoon trading Friday, as AI trade bellwether Nvidia gave up earlier gains and turned negative. Tesla , another momentum…
Guvendemir | E+ | Getty Images A wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America’s national security. Anduril Industries, recently valued at $30.5 billion following its latest funding round, is among the so-called “neoprimes” — companies challenging the dominance of legacy contractors, dubbed “primes,” such as Lockheed Martin, Northrop…
U.S. President-elect Donald Trump greets Elon Musk as he arrives to attend a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images NASA is requiring employees involved in Artemis missions with contractors SpaceX and…
People walk by a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reutersa When Palantir hit the stock market in September 2020, there was a lot that…
My top 10 things to watch Tuesday, Sept. 30 1. Wall Street was heading for a slightly lower open as the prospect of a government shutdown loomed. House Speaker Mike Johnson told CNBC that Democrats should “do the right thing” and pass a clean stopgap funding measure. Federal funding runs out today, risking a shutdown…
