Wall Street is betting Trump doesn’t want to disturb the stock market
Despite the latest attacks in the Middle East, Wall Street still thinks stocks can go higher — for one simple reason.
June home sales disappoint as prices reach an all-time high
Home sales dropped in June month over month as mortgage rates remain stubbornly high. Prices hit an all-time high.
AstraZeneca stock drops 9% after heart drug trial miss deals rare blow to pharma powerhouse
A late-stage clinical trial failed to miss its primary endpoint, U.K.’s laregst drugmaker said Thursday.
Why the world’s best-performing stock market this year fell into bear territory
The Kospi fell more than 5% on Wednesday, which brought it 20% below its June 19 record high, according to LSEG data.
CNBC Daily Open: Trump tells CNBC ‘I’ve been right about everything’
A NATO Summit for the history books concludes, with the collapse of the ceasefire with Iran stealing headlines and surprising markets.
Crypto still ‘off the table’ for Singapore’s Temasek, four years after FTX flop
Temasek’s investment in the now-bankrupt FTX cryptocurrency exchange led to a writedown of $275 million in 2022, drawing much local criticism.
Oil prices fall 2% as mediators try to prevent U.S. and Iran from returning to war
Oil prices turned lower on Thursday after the U.S. carried out fresh strikes on Iran, renewing concerns about supply disruptions in the Middle East.
China consumer price growth weakens in June while producer inflation rises to near 4-year high
Investors increasingly view China’s two-speed growth with robust export and tepid domestic demand as a defining long-term feature of the Chinese economy.
AirPods-maker Luxshare sees shares close lower in tepid Hong Kong debut
The company, which is already listed in Shenzhen, had priced shares in the IPO at 63.28 Hong Kong dollars apiece, raising HK$24.27 billion ($3.09 billion).
CNBC Daily Open: Trump turns up the heat on allies and adversaries
The shaky ceasefire in the Middle East appears to have all but collapsed, as U.S. President Donald Trump declaring the ceasefire with Iran over.
