S&P 500 opens at record high on rising rate cut hopes
The S&P 500 index hit a record high at the open on Wednesday, boosted by healthcare stocks, as bets of an interest rate cut were spurred...
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Goldman Sachs: Two factors will keep the stock market stuck right here through the end of the year
Economic policy uncertainty and a decline in company earnings will keep the stock market from rallying any further, according to Goldman Sachs.
Futures eke out gains as bond yields tumble on growth fears
U.S. stock index futures edged higher on Wednesday, as benchmark bond yields tumbled on fears of a global recession and expectations of interest rate cuts by...
Europe rallies as bond yields drop to new lows
Investors returned to bonds on Wednesday, setting off another slide in benchmark debt yields, amid fears of a global trade war and recession, bets central banks...
UK markets watchdog proposes retail ban on crypto derivatives
Britain's markets watchdog is proposing banning the sale of derivatives based on crypto-assets to retail consumers from early 2020 due to what it considers the prevalence...
Walmart discussed selling clothing brands Bonobos and Modcloth: Vox
Walmart Inc has discussed the potential sale of its unprofitable clothing brands Bonobos and Modcloth with buyers, online news portal Vox reported https://www.vox.com/recode/2019/7/3/18716431/walmart-jet-marc-lore-modcloth-amazon-ecommerce-losses-online-sales on Wednesday, citing...
Deutsche Bank restructuring to cost up to $5.6 billion: source
Deutsche Bank expects the cost of a major overhaul in the works to be up to 5 billion euros ($3.4-$5.6 billion), one person familiar with the...
Oil prices rise after U.S. crude stockpile drop
Oil prices rebounded slightly on Wednesday after a steep fall in the previous session as OPEC and its allies' decision to extend output cuts was not...
Police search Renault's headquarters near Paris as part of Ghosn probe
Police are searching Renault's corporate headquarters in Boulogne-Billancourt, which a judicial source said was related to an ongoing investigation into ex-Renault boss Carlos Ghosn and his...
Europe rallies as bond yields plough new lows
Action on world markets focused on bonds on Wednesday, with a fresh slide in benchmark debt yields on simmering global trade war and recession fears, central...
HP, Dell, other tech firms plan to shift production out of China: Nikkei
Several technology companies, including HP Inc , Dell Technologies and Microsoft Corp , are planning to shift substantial production capacity out of China, Nikkei reported on...
Oil prices steady amid U.S. stockpile drop, OPEC supply cut extension
Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns...
Samsung Electronics' second-quarter profit likely halved as Huawei woes worsen chip glut
Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings on Friday, data showed, as a drop in memory chip...
Trump's latest Fed moves are another step in trying to take control of interest rates
The president said he plans on sending the names of Christopher Waller and Judy Shelton to the Senate as Fed governor appointees.
Cringeworthy money mistakes advisors have seen their clients make
We asked 10 financial advisors, including nine members of the CNBC Digital Financial Advisors Council, about the worst money mistake they've seen a client make.