BOJ to weigh rate hike next week, detail plan to halve bond buying, Reuters reports
The Bank of Japan is likely to debate whether to raise interest rates when it meets next week and unveil a plan to roughly halve bond purchases in coming years.
CNBC Daily Open: Wall Street sinks, Ford slumps
S&P 500 and Nasdaq tumble, marking their worst day since 2022. Tesla slumps 12%. Ford misses earnings estimates.
Biden says he put ‘personal ambition’ aside to ‘pass the torch’ to Harris for Trump battle
President Biden dropped out of the race against Donald Trump and endorsed Kamala Harris while isolating with Covid-19 in Delaware.
S&P 500, Nasdaq close lower Thursday as tech comeback attempt falters: Live updates
The S&P 500 and Nasdaq Composite dropped on Thursday, building on the previous session’s losses.
Nvidia supplier SK Hynix posts highest quarterly profit in 6 years on AI chip leadership
SK Hynix on Thursday said that a continuous rise in overall prices of its memory products led to a 32% increase in revenue compared with the previous quarter.
This JPMorgan ETF has beaten the S&P 500 five years in a row. Here’s how
The actively managed fund outperforms by 2.67 percentage points each year on average.
Want to cash in on emerging markets? Buy these ETFs, portfolio manager says
“Emerging markets are too important to ignore,” says Mirae Asset’s Malcolm Dorson.
U.S. finalizes details of Boeing 737 Max plea deal
The Justice Department said Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million.
Stocks making the biggest moves after hours: Chipotle, IBM, Ford, ServiceNow and more
These are the stocks posting the largest moves in extended trading.
IBM shares jump on earnings and revenue beat
IBM reported better-than-expected results for the second quarter, and the company said it’s seeing more business tied to generative artificial intelligence.
