The final 10 minutes of trading may be all that matter this week
On Monday, about a third of the gains in both the S&P 500 and Nasdaq-100 indexes came during the final 10 minutes or so of trading, JPMorgan noted.
Brits snap up lower mortgage deals as Bank of England rate cut boosts property market
Britain’s biggest high street lenders are continuing to slash borrowing costs after the Bank of England’s first interest rate cut in four year sparked a boom in homebuyer activity.
Disney agrees to have Florida wrongful death lawsuit decided in court
Disney agreed to have a court decide on a wrongful death lawsuit, brought by a widower in Florida, after earlier arguing the case belonged in arbitration.
‘Britain’s Bill Gates’: Who is Mike Lynch, the UK tech entrepreneur missing after superyacht sinks?
Mike Lynch was only recently cleared of fraud charges in a landmark trial. Now, in a shock turn of events, he’s gone missing after the sinking of a superyacht.
European Union slashes planned tariffs on China-made Tesla EVs, other Chinese firms
The European Union on Tuesday said a planned tariff on Tesla vehicles being imported from China would be cut to 9% from 20.8%.
How the Inflation Reduction Act sparked a manufacturing and clean energy boom in the U.S.
The IRA has had a transformative impact on U.S. manufacturing, according to the Rhodium Group.
European stocks close lower as market uncertainty lingers; Sweden’s Riksbank cuts rates
European stocks closed lower Tuesday afternoon as market uncertainty over the economic outlook lingers.
Morgan Stanley International chair among 6 missing after luxury yacht sinks in Sicily
The 56-meter (184 feet) sailing boat, called “The Bayesian,” was hit by a violent storm around 4 a.m. local time Monday with 10 crew and 12 passengers on board.
Proposed 7-Eleven buyout deal will likely face antitrust scrutiny, retail analyst says
Alimentation Couche-Tard’s proposal to buyout 7-Eleven owner Seven & i Holdings Co., would likely attract antitrust scrutiny, says retail analyst.
CNBC Daily Open: Wall Street extends winning run
The S&P 500 and the Nasdaq Composite rose for the eighth straight session, up 0.97% and 1.39%, respectively, marking their longest winning streak of the year.
