Cnn stock futures
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CNN Business' expert reporters lead you through the latest news in the fast-changing world of global markets, with sharp insights, essential context, and exclusive interviews so you can make the most of the business day ahead. Why you can feel good about your job prospects for a while longer Before The Bell Plus, Warren Buffett speaks and investors listen. US stock futures are slipping a little. Markets in Europe are mostly weaker while in Asia the maior markets ended mixed. Plus, home sales and prices rose in January as eager homebuyers returned to the market. US stock futures are inching higher after Wall Street notched up new records Thursday.
Cnn stock futures
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Shreyashi SanyalLee Ying Shan.
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Today's close marked the end of the second quarter, during which investors grappled with the uncertainties of geopolitical unrest, high levels of inflation, Covid lockdowns and a hawkish Federal Reserve. As stocks settle after the trading day, levels might still change slightly. After plunging more than points, the Dow is well off its lows, down only points, or 0. The Nasdaq is still down 0. Markets this year have been roiled by a number of unfriendly headwinds: Russia's war in Ukraine, Covid lockdowns in China, surging inflation and aggressive rate hikes by the Federal Reserve. All of these factors have fueled investor fears of a recession, causing a rush to the exits. The index is on track to have its worst June since and its worst quarter since , with all 11 sectors in the red. In short, things are looking dire. But that doesn't mean they'll stay that way. Read more.
Cnn stock futures
Nothing like some good ol' bipartisanship to get Wall Street's motor running. Or something like that. Senate Minority Leader Mitch McConnell blinked first as the debt ceiling train rapidly approaches the terminal. He floated two potential options to avert a default Wednesday: Reconciliation, a kind of cheat code that avoids Republican votes Democrats oppose reconciliation or an emergency debt limit extension to cover current spending levels into December. That second idea could give Congress some cover, at least for the next few months. It remains to be seen how Democrats will respond to the proposal floated by McConnell. After McConnell's announcement, stocks turned higher, bouncing out of the red -- although not by much. The Dow was up 20 points, or 0.
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In Europe, the major markets are all making gains. Monica Pitrelli. Samsung debuts 'smart ring' with health-tracking features, its first foray into the product category. Top 10 U. Asia ended mostly higher, with the exception of Taiwan. Markets in Europe are all in the red. Iran has a large ballistic missile arsenal. US stock futures are slipping a little. Sumathi Bala 6 hours ago. Most Active. Bill Gates- and Jeff Bezos-backed startup discovers copper deposit in Zambia. Satellite images reveal floating barrier at mouth of disputed atoll in South China Sea. Palestinian Prime Minister Shtayyeh resigns. Markets in Europe are mixed in morning trade. How Norway built an EV utopia while the U.
US stocks plummeted in their worst day since June 11, after key August inflation data ticked upward, surprising investors. The market is worried that hotter-than-expected inflation will prompt the Federal Reserve to raise interest rates more aggressively, inflicting serious damage to the US economy in the process. The Dow was down points, or 3.
Tech layoffs 'AI phones' See-through screen. Sumathi Bala. Evelyn Cheng. Plus, Apple launches its first sports app. US stock futures are mixed. Asia ended largely higher, except for South Korea. Samsung debuts 'smart ring' with health-tracking features, its first foray into the product category. Satellite images reveal floating barrier at mouth of disputed atoll in South China Sea. Why rich countries are so dependent on migrant workers. Investing Club. Skip Navigation.
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