Investors often get bullish on stocks when interest rates start inching lower. That certainly was the case as markets anticipated the start of the U.S. Federal Reserve’s easing cycle, which kicked off with a jumbo cut last month . The S & P 500 stock index is around 24% higher year-to-date and up 40% over … Read more
Kena Betancur | Corbis News | Getty Images The U.S. Food and Drug Administration on Tuesday approved Pfizer‘s RSV vaccine for the prevention of lower respiratory tract disease caused by RSV in adults aged 18 to 59 at increased risk of the disease. In June, the U.S. CDC narrowed its recommendation for the use of respiratory syncytial virus vaccines … Read more
A general view from the Flattop Mountain in Alaska, United States on September 27, 2024. Hasan Akbas | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what … Read more
Ukraine’s President Volodymyr Zelenskyy addresses lawmakers as he presents the so-called ‘Victory Plan’ during a parliament session, amid Russia’s attack on Ukraine, in Kyiv, Ukraine October 16, 2024. Andrii Nesterenko | Reuters Ukrainian President Volodymyr Zelenskyy called on allies on Tuesday “not to hide” and to respond to evidence of North Korean involvement in Russia’s war in … Read more
Pokemon game characters of Japanese video game manufacturer Nintendo are on display on a subway train car in Tokyo, Japan. Hitoshi Yamada | NurPhoto | Getty Images Asia-Pacific markets mostly rose Tuesday, breaking ranks with major Wall Street benchmarks, while Japanese subway operator Tokyo Metro’s stellar market debut boosted investor optimism. Shares of Tokyo Metro … Read more
Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024. Qilai Shen | Bloomberg | Getty Images The International Monetary Fund (IMF) warned of a possible worsening of the state of China’s property market as it trimmed its growth expectations for the world’s second-largest economy. In a report published … Read more
A walkway with sign of subway line in a Tokyo subway station. Bruce Yuanyue Bi | The Image Bank | Getty Images Shares of Japanese subway operator Tokyo Metro rose over 40% Wednesday after a stellar IPO. The company had raised 348.6 billion yen ($2.3 billion) in the largest initial public offering in Japan in … Read more
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Kavi Vu, 33, moved to Ho Chi Minh City, Vietnam in August 2023. Courtesy of Kavi Vu. When Kavi Vu was 3 year old, her family fled to the United States, following a decades-long war in their home country, Vietnam. After 30 years, she has returned to her motherland to “slow down” and experience her … Read more
The U.S. election is about two weeks away – and who winds up in the White House and in Congress could have an impact on key corners of the stock market, according to Bank of America. “Profits accelerating are far more important than who is sitting in the Oval Office. But politics can make or … Read more