Tag: Breaking News: Economy
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Stocks making the biggest moves midday: SpaceX, EchoStar, Adobe, Seagate Technology, Charles Schwab & more
Here are the stocks making headlines in midday trading.
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Treasury yields slide further as traders monitor potential U.S-Iran peace deal
Treasury yields fell Friday as traders monitor prospects of a lasting resolution to the Middle East war.
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UK economy shrank 0.1% in April as Iran conflict weighed on growth
U.K. GDP fell 0.1% in April as services activity declined and companies cited pressure from the Middle East conflict.
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A Chinese start-up’s unfolding dilemma exposes cracks in Beijing’s tech funding machine
While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.
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Stocks making the biggest moves midday: EchoStar, Adobe, Oracle, Intel, Sandisk & more
These are the companies making headlines in midday trading.
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Wholesale prices rose 1.1% in May, more than expected, on surge in energy
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast.
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ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuEuropean Central Bank (ECB) President Christine Lagarde addresses the media after the ECB’s Governing Council meeting, at the ECB headquarters in Frankfurt, Germany,
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Treasury yields steady as investors monitor inflation data, U.S. strikes in Iran
U.S. Treasurys steadied Thursday, as investors monitored developments in the Middle East conflict ahead of further inflation data.
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CNBC Daily Open: Trump expresses ‘love’ for inflation print and anger at Iran
U.S. inflation reached a three-year high of 4.2%, with Trump arguing that ending the war will resolve both the conflict and rising prices.
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Jim Cramer calls elevated CPI ‘artificial inflation’ — what that means for the stock market
The broad measure of inflation was not nearly as bad as the Wall Street narrative would have you believe.
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