Asia-Pacific markets open higherAsia markets started the trading day in the green.Japan’s benchmark Nikkei 225 was up 0.54%, while the Topix inched higher 0.45%.South Korea’s Kospi gained 1.77%, and the small-cap Kosdaq rose 1.83%.Australia’s S&P/ASX 200 gained 0.84%.— Lee Ying ShanOpening callsHappy Tuesday from Singapore. Asia markets are poised for a mixed open.Australia’s S&P/ASX 200 was set to start the day higher with futures tied to the benchmark at 8,701, compared with its last close of 8,663.70.Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Osaka last traded at 40,610 against the index’s last close of 40,290.70.However, futures for Hong Kong’s Hang Seng Index stood at 24,708…
Author: usaeverydaylife
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 the S & P 500 snapped a four-day losing streak, and what’s on the radar for the next session. Big industrials reporting Tuesday morning Caterpillar has gained about 34% over the past three months. The stock hit a high last week. CNBC stock watcher Adrian van Hauwermeiren made the astute observation that this stock was up by double digits in…
CNBC’s “Fast Money” team discusses Figma as its stock sinks more than 20% after last week’s IPO pop. Source link
(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) The dip-buying impulse remains intact. Bespoke Investment Group reports that 2025 has been the second-most-profitable year since 1993 when blindly buying the S & P 500 after a down day. The market treating Friday’s setback as a standard seasonal shakeout for now: Overbought indexes, a bit of speculative froth and complacency about the state of the economy under tariffs set us up for a bit of a jolt, then came Friday’s tumble accompanied by a pop in the…
President Donald Trump fired the commissioner of the Bureau of Labor Statistics, claiming that last week’s jobs report “was rigged” without providing any evidence.But former Labor Statistics officials say that the commissioner typically doesn’t have a role in preparing the monthly jobs report.”There’s no way for that to happen,” said William Beach, Trump’s nominee to be BLS commissioner during his first term, in a Sunday interview on CNN.”The commissioner doesn’t do anything to collect the numbers. The commissioner doesn’t see the numbers until Wednesday before they’re published. By the time the commissioner sees the numbers, they’re all prepared. They’re locked…
The final trades of the day with CNBC’s Melissa Lee and the “Fast Money” traders. Source link
Caution tape hangs near the steps of Federal Hall across from the New York Stock Exchange in New York.Michael Nagle | Bloomberg | Getty ImagesThough it may have been controversial, the July jobs report helped confirm the notion that the U.S. economic engine is sputtering.Nonfarm payrolls rose by just 73,000 for the month, below even the muted expectations. Heavy downward revisions to the May and June count took the three-month average job gains down to just 35,000, or less than one-third the pace for the same period a year ago.Traditionally a lagging indicator when it comes to recessions, the weakness…
Former Brazilian President Jair Bolsonaro speaks to the press at the Federal Senate in Brasilia on July 17, 2025. Mateus Bonomi | Afp | Getty ImagesBrazil’s Supreme Court on Monday issued an house arrest order for former President Jair Bolsonaro, who is standing trial for allegedly plotting a coup, in a move that could escalate tensions with the administration of U.S. President Donald Trump.Justice Alexandre de Moraes said in his decision that the right-wing firebrand did not comply with judicial restraining orders imposed on him last month.Moraes also banned Bolsonaro from receiving visits, with exceptions for lawyers and people authorized by…
Check out the companies making headlines in extended trading. Palantir — The defense technology stock advanced 4% after second-quarter earnings exceeded Wall Street’s expectations. Palantir said it reported adjusted earnings of 16 cents per share on $1.00 billion in revenue, while analysts polled by LSEG anticipated 14 cents per share and $940 million, respectively. Vertex Pharmaceuticals — The biotech stock sank 14% after second-quarter earnings topped estimates. Vertex posted adjusted earnings of $4.52 per share on revenue of $2.96 billion, while analysts surveyed by LSEG had penciled in $4.26 per share and $2.91 billion. Hims & Hers Health – Shares…
Crypto exchange Bullish is targeting a valuation of up to $4.23 billion in its United States listing, the company said in a filing on Monday, launching its roadshow to capitalize on the momentum built by digital assets amid regulatory clarity.Companies leveraging crypto and related technologies have rallied on friendly policymaking from the Trump administration, such as the recent passage of the GENIUS Act, which provides an initial regulatory framework for stablecoins.Bullish is seeking up to $629.3 million by offering 20.3 million shares priced between $28 and $31 each, marking its second attempt to go public in four years.At the top of its proposed range, the…
