S&P 500 futures fall slightly after the broader index rises for a second day: Live updates – CNBC
33 minutes ago GSK falls after CDC recommends RSV vaccination GSK shares fell more than 1% in morning trading after the CDC suspended its recommendation for respiratory syncytial virus (RSV) vaccinations for adults under 60. The move followed a 3% drop the previous day, putting GSK on track for a third straight day of declines. […]
Stocks making the biggest moves midday: Rivian Automotive, FedEx, Whirlpool and more – CNBC
A look at companies making waves in midday trading: Rivian Automotive — Shares soared more than 20% after the electric vehicle startup announced it had secured a $5 billion investment from Volkswagen Group. Volkswagen’s initial investment is $1 billion in the form of convertible notes, with an additional $4 billion planned through 2026. Fellow EV […]
Stock futures climb after S&P 500 ends 3-day decline: Live updates – CNBC
52 minutes ago European markets opened higher European markets opened higher on Wednesday, reversing the negative sentiment seen in the previous trading session. Major stock exchanges started the day higher, with Britain’s FTSE 100 up 0.3%, France’s CAC 40 up 0.41% and Germany’s DAX up 0.6% as of 8:09 a.m. London time. The pan-European Stoxx […]
These ETFs have beaten the S&P 500 for five years and are ahead in 2024 too – CNBC
According to a CNBC Pro analysis, six exchange-traded funds (ETFs) have outperformed the S&P 500 index every year over the past five years. According to an analysis of FactSet data, four U.S.-listed ETFs, one pan-European ETF managed by JP Morgan, and one Taiwan-listed ETF have outperformed the U.S. benchmark every year since 2019. When the […]
Kyla Scanlon explains Gen Z's divided attitudes toward investing – CNBC
Economic commentator Kayla Scanlon has noticed some potentially worrying trends in the investment outlook of younger generations. “It’s a polarized world,” she said this week on CNBC’s “ETF Edge.” Scanlon, 26, who rose to prominence through her social media videos about the markets and the economy, explained why some members of Gen Z are saving […]
If you're grabbing tax-free income from this asset, you may be sacrificing yield – CNBC
Municipal bonds are gaining popularity among investors seeking tax-exempt income, but investors should be cautious about making investment decisions solely on the basis of tax savings. This week, Wells Fargo Investment Institute highlighted the appeal of municipal bonds as the Federal Reserve prepares to cut interest rates. When yields fall, bond prices rise, and when […]
Bank of America likes this new AI play from the auto sector – CNBC
Bank of America says investors should keep an eye on leading automotive software stocks before a multiyear adoption cycle of artificial intelligence (AI)-enabled dash cam technology. “Samsara (IOT) is revolutionizing road safety,” analyst Matt Block wrote in a note Thursday. “While dash cam hardware is relatively commoditized, the secret is the company’s software, which provides […]
As retirement looms, many Gen Xers are still playing catch-up – CNBC
Starty | E+ | Getty Images As older members of Gen X inch closer to retirement, pressures to save for retirement are mounting, especially for those caught between the financial burdens of supporting both aging parents and adult children. Nearly half of Gen Xers, or 48%, say they won’t have enough money to enjoy life […]
Bank of England set to hold interest rates despite inflation hitting 2% target – CNBC
As of 11 a.m. in London, financial market prices suggested the chances of a rate cut were just 5 percent. At its meeting on Thursday, the BOE cut the bank rate as such measures became more likely. Earlier this week, expectations of an August rate cut also dropped to around 30%. While the 2% inflation […]
Jim Cramer’s guide to investing: Use rallies to raise some cash – CNBC
CNBC’s Jim Cramer told investors that it’s important to take advantage of big rallies to prepare for a down day in stocks. In other words, you should raise some cash when stocks are rising. “The next time you see a big rally for a day or two, please take advantage of the momentum and raise […]