Inflation battle may be far from over

Workers assemble printed circuit boards at the Intervala manufacturing facility in Mount Pleasant, Pennsylvania, US, on Tuesday, Jan. 30, 2024. The US Census Bureau is scheduled to release factory orders figures on February 2. Justin Merriman | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily … Read more

Markets surge on Fed rate-cut signals

A trader works, as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 20, 2024.  Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything … Read more

Wall Street heaves a sigh of relief

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., March 20, 2024. Elizabeth Frantz | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on … Read more

The last leg of inflation fight remains tough

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on June 14, 2023 in Washington, DC.  Drew Angerer | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international … Read more

U.S. consumer sentiment stays steady

Shoppers are seen at Whole Foods Market on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | Afp | 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 you … Read more

Nvidia announces GB200 Blackwell AI chip, launching later this year

Nvidia CEO Jensen Huang compares the size of the new “Blackwell” chip versus the current “Hopper” H100 chip at the company’s developer conference, in San Jose, California. Nvidia Nvidia on Monday announced a new generation of artificial intelligence chips and software for running artificial intelligence models. The announcement, made during Nvidia’s developer’s conference in San … Read more

Strategist tells investors not to worry about high stock valuations

Traders work on the floor of the New York Stock Exchange NYSE Investors should disregard concerns over high valuations and focus on growth in what is now a “stockpicker’s market,” according to Matt Orton, chief market strategist at Raymond James Investment Management. The S&P 500 closed out a two-week losing streak on Friday, but Orton … Read more

The 2 biggest events for Wall Street next week couldn’t be more different

All three major U.S. stock averages pulled back slightly for the week, though they remain near all-time highs ahead of next week’s Federal Reserve meeting. Earnings season is wrapping up with only a few S & P 500 companies still left to report; all Club names have now issued results. This reporting cycle was a … Read more

Pain and suffering breeds success

Jensen Huang has a simple message for young people who want to achieve “greatness”: No pain, no gain. That was essentially the Nvidia CEO’s message for students at his alma mater, Stanford University, where he spoke last week at the Stanford Institute for Economic Policy Research. “Greatness is not intelligence. Greatness comes from character. And … Read more

Hot inflation data spooks Wall Street

A man shops for fruit at a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | 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 … Read more