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. Market update: The S & P 500 initially fell on Monday after President Donald Trump announced tariffs on goods from Canada, Mexico, and China over the […]
U.S. technology firms plunged in premarket trading, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off. Shares of chip designer Nvidiaa huge beneficiary of the AI hype, were down 13.60% at 05:52 a.m. ET ahead of the market open. Netherlands-based chip companies ASML and […]
The Eccles Building, location of the Board of Governors of the Federal Reserve System and of the Federal Open Market Committee. Brooks Kraft | Getty Images A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs for consumers and businesses around the world. Bond yields […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Some 700,000 British households face a jump in mortgage costs when their fixed-rate deals end in 2025, as upheaval in the UK financial markets over recent weeks threatens to drive borrowing costs higher. Mortgage rates […]
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US stocks climbed on Friday, rebounding from a heavy sell-off earlier in the week sparked by a hawkish message from the Federal Reserve. The S&P 500 shrugged off early declines to close 1.1 per cent […]
The stock sell-off on Wall Street was “healthy,” as the Federal Reserve’s cautionary projection on future rate cuts gives investors a “reality check,” according to Jeremy Siegel, professor emeritus of finance at University of Pennsylvania’s Wharton School. The U.S. Federal Reserve cut interest rates by a quarter percentage point at its last meeting of the […]
U.S. crude oil futures jumped more than 1% on Monday, reclaiming some of the losses from last week’s steep sell-off. The U.S. benchmark finished last week more than 8% lower as traders increasingly believe Israel-Iran tensions will not lead to an oil supply disruption in the Middle East. Prices rose Monday after China cut its […]
