Yen Weakens as Bank of Japan Holds Rates and Increases Flexibility on Yield Curve Control The Japanese yen experienced a weakening after the Bank of Japan (BOJ) decided to keep interest rates stable and announced plans to introduce more flexibility into its yield curve control policy. According to the BOJ, the target level of the …
An Hour Ago Government Shutdown Looms as Republican Speaker Search Continues According to Michael Townsend, managing director of legislative and regulatory affairs at Charles Schwab, there is a possibility of a U.S. federal government shutdown next month. However, he believes that Wall Street would not be significantly impacted if it were to happen, as it …
Traders work on the floor of the New York Stock Exchange (NYSE), July 26, 2023. Brendan McDermid | Reuters Stocks rose on Tuesday as investors eagerly awaited a fresh batch of earnings reports and closely monitored the latest movements in Treasury yields. The Dow Jones Industrial Average gained 204 points, or 0.6%. The S&P 500 …
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 eagerly awaited the release of corporate earnings from tech industry giants. Futures tied to the Dow Jones Industrial Average rose 49 …
47 Mins Ago 30% of S&P 500 companies are set to report earnings this week Investors are eagerly anticipating the busiest week of earnings season, as 30% of companies in the S&P 500 are scheduled to report. Tech giants Alphabet and Microsoft are set to release earnings after the closing bell on Tuesday. Meta is …
Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2023 in New York City. Michael M. Santiago | Getty Images Stocks experienced a modest slide on Thursday as investors on Wall Street analyzed remarks made by Federal Reserve Chair Jerome Powell while keeping an eye on a …
One of the world’s most influential financiers, Larry Fink, has expressed his support for Sir Keir Starmer, the leader of the Labour Party. Fink praised Starmer for bringing the party back to the center ground after the leadership years of Jeremy Corbyn. Fink also hopes that Labour’s transformation is a sign that the era of …
Thanks for joining me. Inflation remained unchanged in September, increasing pressure on the Bank of England to raise interest rates and address persistent price rises. The consumer prices index stood at 6.7% last month. 5 things to start your day 1) Sunak urged to shut down Britain’s gas network and promote heat pumps | Sir …
Thanks for joining me. According to official figures, wage rises have slowed down from the record pace they set in the three months to July. Pay including bonuses rose by 8.1% in the three months to August, easing off from the 8.5% jump in the previous period. 5 things to start your day 1) Israel …
A Charles Schwab location in New York, US, on Friday, July 7, 2023. Michael Nagle | 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 they are. Like what you …