construction worker moves copper pipe into position for a water connection February 26, 2025 in New York City. Robert Nickelsberg | Getty Images U.S. President Donald Trump announced Tuesday that copper and pharmaceutical imports will face tariffs of 50% and as high as 200%, respectively.Following the news, the S&P 500, which hit multiple record closes last week, ground to a halt and closed mostly flat.That said, it’s a muted response for such hefty tariffs, suggesting investors are either brushing off Trump’s tariffs as hollow threats, or discounting the effects they could have on inflation and the economy. Such complacency could…
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailChris McGratty, KBW, joins ‘Fast Money’ to talk what to expect out of Big Bank earnings following KBW’s upgrades for JPMorgan and Morgan Stanley. Source link
Here are the opening calls for the dayAsia-Pacific markets started the day mixed Wednesday.As of 8.11 a.m. Singapore time, Japan’s Nikkei 225 benchmark added 0.33% while the broader Topix index ticked up 0.17%.In South Korea, the Kospi index was flat while the small-cap Kosdaq moved up 0.29%.Over in Australia, the S&P/ASX 200 benchmark fell 0.26%.— Amala BalakrishnerHere are the opening calls for the dayGood morning from Singapore.Investors will also be keeping a close watch on a slew of data points from China today, including the producer price index for June. Economists polled by Reuters expect the figure to contract by 3.2% year on…
Global stocks have surged to unprecedented levels in the first half of 2025, even as U.S. President Donald Trump’s tariff salvos ripple across the globe. Here are the top winners and losers globally, as well as where they’re headed. The MSCI All Country World Index, which measures the performance of over 2,500 stocks from both developed and emerging market equities, rose nearly 10% since the start of the year to hit a record high on July 4. European equities have emerged as the surprise stars of 2025, with Greece, Poland, Czech Republic and Spain leading the world in year-to-date gains,…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as traders eyed the latest tariff developments, and what’s on the radar for the next session. Apple Apple ‘s chief operating officer Jeff Williams is moving on . He will oversee the design team until his retirement late this year. Apple said this was part of a planned transition. Apple’s operations leader Sabih Khan will move into the COO role. This…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell on May 27, 2025, in New York City. Timothy A. Clary | AFP | Getty ImagesStock futures were little changed Tuesday night as investors monitor the latest tariff updates from President Donald Trump.Futures tied to the Dow Jones Industrial Average slipped 52 points, or 0.1%. S&P 500 futures lost less than 0.1%, while Nasdaq 100 futures were marginally lower.Traders were on guard during Tuesday’s regular session as Trump rolled out new updates to his tariff policy.The S&P 500 inched down 0.07%, while the tech-heavy…
U.S. Treasury yields were little changed on Tuesday as investors continue to assess the aftermath of President Donald Trump’s tariff letters threatening steep duties on several countries, including key allies.The benchmark 10-year yield was up 1 basis point at 4.407%, and the 30-year bond yield was unchanged at 4.93%. The 2-year Treasury yield was also flat at 3.903%.One basis point is equal to 0.01%. Yields and prices have an inverse relationship.President Donald Trump announced Monday that steep new tariffs will take effect on imports from 14 countries beginning Aug. 1.In a flurry of social media posts, he published screenshots of letters addressed…
‘Fast Money’ trader Karen Finerman talks season two of her podcast ‘How She Does It’. Source link
CNBC’s Jim Cramer on Tuesday described why he likes online used car dealer Carvana, telling investors they can start a small position and wait for a pullback to buy more.”I like Carvana for the long-haul because I’m a true believer, but that doesn’t mean the stock will charge endlessly higher without taking some detours,” he said. “In fact, I hope it gives you a big pullback, because that will let you get back into the stock at a very nice discount.”Cramer said the stock “tends to be a real wild trader,” but it’s been on an upswing over the past…
