Markets

Central banks set to signal path of sliding interest rates in crucial week

A screen displays the Fed’s rate announcement as a trader works on the floor of the New York Stock Exchange (NYSE), November 2, 2022. Brendan McDermid | Reuters The US Federal Reserve, European Central Bank and Bank of England are all expected to raise interest rates again this week as they make their first policy …

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Stock futures fall as traders await latest Federal Reserve rate hike decision

Traders on the NYSE floor Source: NYSE Stock futures fell Tuesday night as investors anticipated Wednesday’s Federal Reserve meeting. Futures contracts linked to the Dow Jones Industrial Average lost 48 points or 0.14%. S&P 500 futures and Nasdaq Composite futures were down 0.20% and 0.37%, respectively. The moves come after stocks surged to end January …

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Asia-Pacific stocks, Fed, earnings, economic data

CNBC Pro: What a tech fund manager expects from Apple and Alphabet’s earnings this week Microsoft released a disappointing earnings forecast last week, but its stock has since risen. What does this mean for other Big Tech companies that should report earnings? Technology fund manager Jeremy Gleeson, who manages the £1.1 billion ($1.5 billion) AXA …

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Investors dangerously unaware of bear market’s impact on earnings

Famous short seller Jim Chanos sees an alarming trend in the market. “I’ve been on the street [since] 1980 [and] no bear market has ever traded above nine times to 14 times previous peak earnings,” the Chanos & Co. founder told CNBC’s “Fast Money” on Monday. His latest warning comes midway through the earnings season, …

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Stock futures a little higher as S&P 500 heads for best January since 2019

Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on January 26, 2023 in New York City. Michael M. Santiago | Getty Images Equity futures rose slightly in overnight trading as the S&P 500 looks to close out its best January since 2019. Futures tied to the S&P 500 …

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Most Adani stocks continue to lose; founder loses $28 billion in a month

Gautam Adani, chairman of Indian conglomerate Adani Group, at the World Congress of Accountants in Mumbai on November 2. 19, 2022. Founder Gautam Adani, Asia’s richest man and once second only to Elon Musk, has fallen among the world’s five richest to rank seventh on Bloomberg’s Billionaires Index. Indranil Mukherjee | AFP | Getty Images …

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Adani China returns from New Year, CSI 300, New Zealand trade

Adani Enterprises advances as group affiliates continue to dive Shares of Adani Enterprises rose 10% after posting steep losses in previous sessions as its chief financial officer expressed confidence in its follow-on public offering which is expected to close on January 1. 31. The title is still down more than 20% in the first month …

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China returns from New Year, CSI 300, New Zealand trade, Fed meeting

Visitors on the central street of Taipa village in Macao, China, on Wednesday January 1. 25, 2023. Tourism and spending are picking up in Macau as the Lunar New Year holiday spurred a surge in visitors after the easing of pandemic travel restrictions between the territory and mainland China. Bloomberg | Bloomberg | Getty Images …

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Stock futures fall slightly ahead of busy earnings week, Fed meeting

Stock futures were slightly lower Sunday night as investors braced for a week of key corporate earnings and a possible Federal Reserve interest rate hike. Futures contracts linked to the Dow Jones Industrial Average slipped 56 points, or about 0.2%. S&P 500 futures fell 0.2% and Nasdaq 100 futures fell slightly 0.2%. Wall Street is …

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Charts suggest investors should bet on Dow Jones Industrial Average ‘workhorses’, says Jim Cramer

On Friday, CNBC’s Jim Cramer told investors to avoid Nasdaq Composite stocks and place their bets on names listed in the Dow Jones Industrial Average. “Even though tech started the new year well and it was crazy today, the rankings, as interpreted by Larry Williams, say be a little wary of the Nasdaq show horses …

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