The S & P 500 is on pace to deliver a second straight year of gains above 20%. Historical data shows how uncommon that really is. After last week’s postelection rally, the S & P 500 is now up by about 26% on the year. That comes after the broad index climbed more than 24% … Read more
Adam Parker, Trivariate Research founder and CEO; Gabriela Santos, JPMorgan Asset Management global asset strategist; and Stephanie Guild, Robinhood head of investment strategy, join CNBC’s ‘Closing Bell’ to discuss market outlooks. Source link
Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and … Read more
Left-leaning social media users are taking to Meta’s “Twitter killer” social media app Threads and posting conspiracy theories alleging that President-elect Donald Trump was declared the winner of a contest that was rife with fraud. One conspiracy theory that has been gaining currency on the left alleges that prominent Trump backer Elon Musk has utilized … Read more
When the television company that airs Angels games filed for bankruptcy last year, the team appeared to be faced with a stark choice: take less money to stay on its longtime broadcast home, or take much less money now in the hope that a streaming-first alternative would pay off later. Either way, the prospect of … Read more
An emperor penguin found malnourished far from its Antarctic home on the Australian south coast is being cared for by a wildlife expert, a government department said Monday. The adult male was found on Nov. 1 on a popular tourist beach in the town of Denmark in temperate southwest Australia — about 2,200 miles north … Read more
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Closing Bell Stuart Kaiser, Citi head of equity trading strategy, joins CNBC’s ‘Closing Bell’ to discuss his post-election playbook. 06:38 14 minutes ago Source link
NEW YORK — As money continues to pour into crypto following Donald Trump’s victory last week, bitcoin has climbed to yet another record high. The world’s largest cryptocurrency topped $87,000 for the first time on Monday. As of around 3:45 p.m. ET, bitcoin’s price stood at $87,083, per CoinDesk, up over 28% in the last … Read more
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images IAC said Monday it’s exploring a spinoff of Angi, an online platform that connects consumers with a marketplace of home improvement service providers in their area, like electricians and landscapers. Angi stock price was down nearly 2% in after-hours trading on Monday. IAC shares … Read more
Michael Strahan has not yet publicly responded to critics who said he disrespected military members during Fox Sports’ NFL coverage on Sunday. At least not directly. He may have done so indirectly, though, with a Veterans Day-themed Instagram post Monday morning. The Pro Football Hall of Fame player and current analyst for the “Fox NFL … Read more