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…
U.S. President Donald Trump looks on during an announcement about lowering U.S. drug prices, at the White House in Washington, D.C., U.S., Oct. 10, 2025. Kent Nishimura | Reuters On Friday morning, the S&P 500 was less than a couple of points from another all-time high. Then, after a single social media post from President…
BlackRock is seeing a shift among Big Tech investors. Jay Jacobs, the firm’s U.S. head of equity ETFs, finds they’re going for targeted themes like artificial intelligence. “One of the biggest trades we’re seeing this year is simply people leaving the traditional tech sector and getting more granular into AI-specific ETFs, like BAI [the iShares…
CNBC’s Jim Cramer walked investors through next week as Wall Street launches into earnings season, highlighting reports from financial giants including Wells Fargo, Goldman Sachs, Citigroup, Bank of America, Morgan Stanley and JPMorgan. He acknowledged Friday’s major sell-off but said he doesn’t think the session marks the end of the market’s multi-year rally. “It’s a…
Federal Reserve Governor Christopher Waller said Friday that he continues to support lowering interest rates but said the central bank needs to be careful amid conflicting economic signals. “I’m still in the belief we need to cut rates, but we need to kind of be cautious about it,” Waller said during an interview on CNBC’s…
Pictured here is construction on a real estate project in Huai’an City, Jiangsu Province, China on October 9, 2025. Cfoto | Future Publishing | Getty Images BEIJING — China’s real estate market is expected to fall more sharply than expected in 2025, extending an industry slump for a fifth-straight year and delaying hopes of a…
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Shares of South Korean chipmakers SK Hynix and Samsung Electronics hit record highs Friday, after a near-weeklong holiday, boosted by a series of artificial intelligence deals….
A view from the Delta Sky Club at Los Angeles International Airport, Sept. 2, 2022. AaronP | Bauer-Griffin | GC Images | Getty Images Delta Air Lines customers are getting used to first class. Revenue from the pricier, roomier seats toward the front of the plane could eclipse sales from standard coach seats for at…
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…
PepsiCo on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, as international growth offset another quarter of declining volume in North America. Shares of the company rose more than 2% in morning trading. Here’s what the company reported for its fiscal third quarter compared with what Wall Street was expecting, based on a survey of…
