Stock market on comeback path to what should be another fantastic earnings season

A specialist trader works in a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021. Brendan McDermid | Reuters Stocks proved hard to keep low this week, and the start of earnings season next week could further bolster the comeback if earnings come in as expected … Read more

Dow closes near flat line on Friday after jobs miss opportunity, but wins the week

The Dow had changed little on Friday, posting a winning week as optimism about a short-term debt ceiling deal surpassed a disappointing jobs report. The Dow Jones Industrial Average fell 8.69 points to 34,746.25. The S&P 500 fell about 0.2% to 4,391.34. The tech-focused Nasdaq Composite fell 0.5% to 14,579.54. The big averages all finished … Read more

European Markets: Inflation, Tariffs, Growth Concerns

LONDON – European markets retreated on Friday, trailing US and Asian counterparts as global equities start the fourth quarter trailing. The pan-European Stoxx 600 fell 0.9% in early trading, with banks losing 1.9% to take losses as nearly all sectors and major exchanges slipped into negative territory. Utilities were a sector in the green, up … Read more

US car sales expected to plummet in Q3 as chip shortage plagues industry

Honda Motor Co. vehicles at an AutoNation car dealership in Fremont, California, USA, on Monday, February 15, 2021. AutoNation Inc. will announce earnings on February 16. David Paul Morris | Bloomberg | Getty Images DETROIT — U.S. auto sales are expected to take a nosedive in September, pushing new vehicle purchases down by at least … Read more

Merkel’s legacy for Germany in the charts

In 2011, German Chancellor Angela Merkel visited the chemical engineering laboratory at the Dow Olefinverbund GmbH chemical plant in Schkopau, near Merseburg, East Germany. AFP | AFP | Getty Images It is now hard to believe that Germany, Europe’s largest and most successful economy, was known as the ‘sick man of Europe’ in the late … Read more

Stock futures are higher after rising rates hit tech stocks

The U.S. stock index futures rose during Wednesday night’s trading, after tech stocks fell again after investors digested the impact from higher rates. The futures contract tied at the Dow Jones Industrial Average rose 141 points. Both the S&P 500 futures and the Nasdaq 100 futures traded in positive territory. The Dow and S&P 500 … Read more

Yields continue to climb fast for 10 years, after which the highest hits

The benchmark 10-year U.S. Treasury yield rose again on Tuesday, trading at its highest level since June and continuing a steady rise that began last week. Yield on the benchmark 10 year treasury note After hitting 1.55% on the previous day, the 3.6 basis points in the midday trade had risen to 1.52%. Yield on … Read more

What the German elections, Scholz and more mean for the EU

A display of EU and German flags over the Reichstag building, the seat of the German parliament. NurPhoto | NurPhoto | Getty Images LONDON — As Germany prepares to revise its political status quo, analysts are looking at what impact the next government could have on the European Union. Europe’s largest economy went to the … Read more

Dow jumps 500 points as comeback rally intensifies, turns positive for the week

US equities rallied for the second day as fears of a crisis in the Chinese real estate market eased somewhat and the Federal Reserve continued the current monetary stimulus just a little longer. The Dow Jones Industrial Average gained 506 points, or 1.5%. The S&P 500 rose 1.3% and the Nasdaq Composite gained 1%. Thursday … Read more

The German economy could live or die under the following coalition: Ifo experts

Supporters of the German Social Democrats (SPD) participate in an election campaign rally on August 27, 2021 in Berlin, Germany. Maja Hitij | Getty Images News | Getty Images With Chancellor Angela Merkel to step down from office after Sunday’s upcoming federal elections in Germany, the country’s priorities could change dramatically, especially as power could … Read more

Stock Futures Rise After S&P 500’s Worst Day Since May; Fed meeting ahead

US stock futures were higher in overnight trading Monday after a major sell-off on Wall Street that resulted in the S&P 500’s worst day since May. The Dow Jones futures rose 131 points. S&P 500 futures and Nasdaq 100 futures both traded in positive territory. Major averages tumbled Monday by a confluence of concerns, including … Read more

Share futures fell slightly as investors braced for more volatility this September

Share futures were lower on Friday as investors remain cautious due to a resurgent cowardly virus, next week’s Federal Reserve meeting and a historic trend for September to be a weaker month for equities. Dow Future lost 22 points. S&P 500 futures down 0.1% and Nasdaq 100 futures down 0.1% The market is not in … Read more

Stocks bounce slightly as markets battle September’s doldrums

The Dow Jones Industrial Average tried to recover on Wednesday after a series of negative trading sessions in September. The blue chip index rose about 80 points, or 0.2%. The S&P 500 rose 0.2%. The Nasdaq Composite was trading near the flatline. Some bullish economic news released before the bell on Wednesday helped stabilize investor … Read more

Defense Union, climate, chip shortage

European Commission President Ursula von der Lane addresses European parliamentarians at the inauguration of the new President of the United States. Francisco SECO | AFP Getty Images LONDON – There is a new international order, where competition is fierce and some nations “do nothing to stop them from gaining influence”, European Commission President Ursula von … Read more

S&P 500 futures have changed little ahead of the main inflation report

S&P 500 futures were little changed on Tuesday, after the S&P 500 ended in positive territory on Monday to break a five-day losing streak. Futures contracts linked to the S&P 500 were almost flat. The Dow Jones Industrial Average futures fell 25 points and the Nasdaq 100 futures fell 0.2%. The Dow and S&P both … Read more

Dow recovers after five consecutive days of losses, S&P 500 is flat

The Dow Jones Industrial Average rose Monday as the index recovered from a losing streak but pulled back from previous intraday highs. The Dow rose about 125 points, or 0.4%. The S&P 500 was down 0.1%. The Nasdaq Composite fell 0.3%. The rebound in the blue chip average comes after the Dow and S&P posted … Read more

Markets brace for hot consumer inflation reports next week

Investors are paying close attention to any reading on inflation these days, and the consumer price index will be a big one to watch in the coming weeks. The latest snapshot of the economy comes a week before the Federal Reserve’s crucial September meeting. At that meeting, the Fed is expected to discuss more information … Read more

Stock futures rise after Dow, S&P after fourth day of losses

US stock index futures pointed to a market recovery on Friday after the S&P 500 and Dow Jones Industrial averages rose. fourth day in a row of losses on Thursday. Futures contracts linked to the Dow were up 173 points, or 0.5%. S&P 500 futures recovered 0.5% and Nasdaq 100 futures gained 0.5%. For the … Read more

Germany’s left-wing SPD – leading voter polls – is ready for power

One of the big surprises in the run-up to Germany’s federal election later this month has been the surge in support for the Social Democratic Party, making it a solid contender to lead the next coalition government in the country. The center-left party is already part of the incumbent coalition government led by Chancellor Angela … Read more

Dow drops more than 100 points, en route to fourth loss day

The Dow Jones Industrial Average fell more than 100 points on Thursday as the 30-stock Dow headed for its fourth day of losses. The Dow Jones Industrial average lost about 125 points, dragged down by Amgen and Merck. The S&P 500 fell 0.3%, while the Nasdaq Composite traded near the flatline. Investors remained cautious as … Read more

U.S. stocks are flat to start trading futures week as investors worry about the impact of Delta

A trader works on the floor of the New York Stock Exchange. Getty Images U.S. stock futures were flat on Tuesday morning amid long-standing concerns about the impact of the Delta variant’s economic reopening. Dow Jones Industrial Average futures rose 22 points. The S&P 500 futures were flat and the Nasdaq 100 futures traded in … Read more

Stagflation is the biggest risk to Europe’s recovery

Former Italian Prime Minister Mario Monti told CNBC on Saturday that he believes the biggest threat to Europe’s economic recovery from the coronavirus pandemic is “stagflation”. Monti, now the president of Bocconi University in Italy, said the “huge mass” of accommodative monetary policies by central banks and fiscal stimulus from governments, implemented to support economies … Read more

Italy and Draghi politics: Ambrosetti Forum 2021

Italian Prime Minister Mario Draghi. FILIPPOS MONTEFORTE | AFP | Getty Images LONDON — As Italy goes through an unusual period of political stability, fears are growing that a possible departure of Prime Minister Mario Draghi next year could throw the country back into disarray. Valerio De Molli, CEO of European House Ambrosetti Forum, told … Read more

European and national stability at risk, Ambrosetti

LONDON — Germany upcoming elections will be crucial for the stability of the country and the European Union, experts at the European House Ambrosetti Forum told CNBC. It comes as polls point to a number of different possible outcomes. “It’s not a normal election,” Lars Feld, director of the Walter Eucken Institut, a German think … Read more

Politicians and industry must work together on green policy: BASF CEO

Politicians in Germany must work with industry leaders if the country is to succeed in reducing its carbon emissions, according to Martin Brudermüller, chief executive of BASF, one of the world’s largest chemical producers. “If we want to succeed in the decarbonisation plans of Germany, but also of the EU, we need to achieve a … Read more