CNBC Daily Open: Russell 2000’s best day since July bodes well for markets
Despite U.S. Treasury yields rising and the Israel-Hamas war becoming increasingly volatile, stocks rallied over third-quarter earnings excitement.
Top economists unanimous on ‘higher for longer’ rates as inflation threats linger
Top economists and central bankers appear to be in agreement on one thing — and it’s not a good thing for global markets.
Israel’s ground offensive in Gaza may not be a ‘full invasion,’ says ex-U.S. ambassador
Israel’s ground offensive into the Gaza Strip may not be a full scale invasion, but one that takes place in phases, said a former U.S. ambassador to Israel.
The worst may be over for China, says former FTSE chief
Mark Makepeace, former head of benchmark giant FTSE Russell said China is going through its own recession but the worst has passed.
Goldman Sachs tops estimates on stronger-than-expected bond trading
While Goldman Sachs has made efforts under CEO David Solomon to diversify its revenue stream, it is Wall Street that powers the company.
Australia’s central bank considered raising rates in October, RBA minutes show
The RBA concluded that there was not enough new information from financial markets or economic data to adjust its monetary policy.
Singapore exports fall for 12th month in September but recovery seen
Singapore’s non-oil domestic exports fell 13.2% in September from the same month a year earlier, as both electronic and non-electronic exports declined.
Country Garden draws closer to debt deadline, as default risk looms
All of Chinese property giant Country Garden’s offshore debt could be in default if it fails to make $15 million coupon payment on Tuesday.
Will the Saudi prince get his 1.5% GDP growth from sports?
Saudi Arabia has been splashing cash on various sporting investments as it looks to diversify its economy away from oil and gas exports. On the ground in Newcastle, home of Saudi-owned Newcastle United Football Club, we explore what this deluge of spen…
Wall Street says small-cap stocks are a good bet in a choppy market. Here are the top names
The Russell 2000 index turned in five straight days of gains for the first time since mid-July, according to CNBC analysis.
