CNBC Daily Open: ‘Crazy’ summer
Wall Street ends longest winning streak of 2024. Eli Lilly weight loss drug cuts diabetes risk. Shein sues Temu.
Asia-Pacific markets fall as Wall Street rally falters; Japan trade swings to deficit
Japan’s July exports are expected to come in 11.4% higher year on year, while imports are forecast to rise 14.9%
Stock futures are little changed as Wall Street awaits Fed minutes: Live updates
The S&P 500 and Nasdaq Composite broke an eight-day winning streak during Tuesday’s session.
Investors are doubling down on stocks — and there are 3 key reasons why
One economist sees the S&P 500 at 7,000 by end of next year — up 26% from current levels.
Shares of this insurer are set to soar 100% as interest rates fall, Jefferies says
Shares of a global insurer could double over the next 12 months, according to Jefferies — which expects it to be a surprise beneficiary of interest rate cuts.
This hot high-yielding asset could cool off as interest rates come down
Investors have been flocking to ETFs holding collateralized loan obligations, but the prospect of Fed rate cuts could dampen the funds’ appeal.
Mpox is ‘not the new Covid’ and the disease can be stopped, WHO director says
Mpox is “not the new Covid” and the risk to the general population is low, according to the WHO’s regional director for Europe.
GMC expects to outsell its electric truck competitors as it launches new Sierra pickup
To do so, it will have to top its sibling Chevrolet Silverado EV as well as competitors from Ford Motor, Rivian Automotive and Tesla.
India flags cricket rights concerns with Disney-Reliance $8.5 billion merger
It is the biggest setback so far to the planned Disney-Reliance merger which aims to create India’s biggest entertainment player which will compete with Sony, Zee Entertainment, Netflix and Amazon with a combined 120 TV channels and two streaming servi…
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.
