The ‘Fast Money’ traders talk the market bounce back. Source link
Author: usaeverydaylife
A HDR evening shot taken at sunset of the Tokyo skyline.Fgm | E+ | Getty ImagesAsia-Pacific markets climbed Wednesday, tracking Wall Street gains on investor optimism after U.S. President Donald Trump extended the deadline for a 50% tariff on European Union imports until July 9.Japan’s benchmark Nikkei 225 rose 1.06%, while the Topix added 0.88%. South Korea’s Kospi rose 0.65% and the small-cap Kosdaq Index advanced 0.53%.Australia’s S&P/ASX 200 rose 0.21%.Hong Kong’s Hang Seng index rose 0.25% at the open, while mainland China’s CSI 300 climbed 0.21%.Australia’s inflation rate rose 2.4% in April, unchanged from March but higher than the median…
Elon Musk interviews on CNBC from the Tesla Headquarters in Texas. CNBC Studies regarding the benefits of return-to-office mandates have been mixed. Some find that hybrid workers are as productive as on-site ones, while others conclude that in-person work cultivates mentorship and training.In some cases, however, the results of being physically in the office are unequivocal. Tesla CEO Elon Musk said on X that he would be “spending 24/7 at work and sleeping in conference/server/factory rooms.” Investors appeared glad that Musk would be pivoting away from his involvement in politics to refocus on his companies, pushing up shares of the…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailBen Emons, Strategic Fortune Wealth senior investment executive and FedWatch Advisors Founder & CIO, joins ‘Fast Money’ to talk today’s market bounce. Source link
Consumer optimism got a much-needed boost in May on hopes for trade peace between the U.S. and China, according to a survey Tuesday.The Conference Board’s Consumer Confidence Index leaped to 98.0, a 12.3-point increase from April and much better than the Dow Jones consensus estimate for 86.0.Much of the positive sentiment, according to board officials, came from developments in the U.S.-China trade impasse, most notably President Donald Trump’s halting of the most severe tariffs on May 12.”The rebound was already visible before the May 12 US-China trade deal but gained momentum afterwards,” said Stephanie Guichard, the Conference Board’s senior economist…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
The S&P 500 and the Dow Industrials snapped a four-day losing run on Tuesday. Here’s what CNBC is watching going into Wednesday. Source link
From the Maldives to Bali to the Cayman Islands, Marc LeBlanc and Laura Robinson have lived and worked in places that most people dream of visiting.They work in the hospitality industry — a journey that LeBlanc, who is Canadian, began at 16 years old when he accepted a job as a dishwasher at a hotel. He worked his way up to bellman, then to the reservations desk, before pursuing a degree in hotel management.Robinson, who is British, studied marine biology and worked as a diving instructor before transitioning to hotel leadership. The couple met while working in the Cayman Islands and…
Looking for another leg higher in stocks this summer? JPMorgan thinks investors should pump the breaks. Fabio Bassi, the bank’s head of cross-asset strategy, warned the S & P 500 could “remain rangebound, with limited short-term upside.” He added: “The rally to our bull case scenario of 5,800 for S & P 500 has played out, but from here we expect a consolidation and range-bound dynamic.” Indeed, the S & P 500 has surged 20% since hitting an intraday low on April 7, as investor sentiment recovered after the “liberation day” tariff shock that sent global markets tumbling. The benchmark…
The ‘Fast Money’ traders talk investing in the WNBA. Source link