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Thursday, November 28, 2024

Tag: Markets

Here are all the reasons why Monday’s major market wreck is happening

Traders work on the floor of the New York Stock Exchange (NYSE) on August 05, 2024, in New York City. Spencer Platt | Getty...

Watch now: ETF Edge on bonds’ mission amidst the massive market sell-off

CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a...

Investors are unwinding the biggest ‘carry trade’ the world has ever seen, SocGen strategist says

A pedestrian walks past a display board showing the morning numbers on the Tokyo Stock Exchange along a street in Tokyo on August...

Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’

Austan Goolsbee, speaking at Jackson Hole, August 8, 2023.David A. Grogan | CNBCChicago Federal Reserve President Austan Goolsbee on Monday vowed that the...

Apple shares drop 7% after Warren Buffett’s Berkshire Hathaway slashes stake by half

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen |...

Wharton’s Jeremy Siegel says Fed needs to make an emergency rate cut

Jeremy SiegelDavid Orrell | CNBCWharton's Jeremey Siegel Monday called on the Federal Reserve to make an emergency 75 basis points emergency cut in...

SoftBank shares tank near 19%, wiping off $4.6 billion from founder Masayoshi Son’s fortune

Masayoshi Son, CEO of SoftBank, speaks during the company's annual general meeting in Tokyo on June 20, 2024.Kosuke Okahara | Bloomberg | Getty...

The Fed is trying to ‘fight a ghost’ as recession fears mount, investor says

Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves' William McChesney Martin Building...

Everyone is talking about the Sahm recession indicator. Here’s what you need to know

Global stock markets are in the grip of a deepening rout, prompting investors to turn to one of the most historically accurate indicators...

Monex Group’s Jesper Koll says he is prepared to ‘start buying Japan’ despite major stock sell-off

The font entrance of the Tokyo Stock Exchange (TSE) in Tokyo, Japan, on Monday, Aug. 5, 2024.Noriko Hayashi | Bloomberg | Getty ImagesMonex...

Bitcoin briefly drops below $50,000 for the first time since February

Bitcoin fell sharply after a sell-off of major U.S. stock indices. Bitcoin has been correlated closely to the price movement of the Nasdaq...

A global stock rout is deepening with investors fleeing to safe havens

A man looks at an electronic boarddisplaying stock prices of the Nikkei 225 listed on the Tokyo Stock Exchange in Tokyo on April...

CNBC Daily Open: Markets fall with Japan stocks in bear territory; Berkshire’s cash hoard at record high

Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M....

UBS says ‘going into Japan now is like catching a falling knife,’ warns stock sell-off will continue

Going into the Japanese market at this moment is akin to catching "a falling knife," Kelvin Tay, regional chief investment officer at UBS Global Wealth...

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