Stock futures climbed in overnight trading on Monday following a rebound on Wall Street as investors reassessed risks associated with the new omicron Covid variant. Futures on the Dow Jones Industrial Average gained 110 points. S&P 500 futures and Nasdaq 100 futures both rose 0.3%. The overnight action came after a broad-based comeback that saw the S&P 500 jump 1.3% …
An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters (This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates in your inbox, subscribe here.) Shortly before the closing bell, we will be buying 50 …
LONDON — European stocks are expected to start the new trading week far higher, despite extensive concerns over the newly discovered omicron Covid variant. The U.K.’s FTSE index is seen opening 97 points higher at 7,137, Germany’s DAX 191 points higher at 15,437, France’s CAC 40 up 99 points at 6,824 and Italy’s FTSE MIB up 324 points at 26,167, according …
SINGAPORE — Shares in Asia-Pacific fell in Monday morning trade as investors monitor developments surrounding the recently discovered omicron Covid variant. In Japan, the Nikkei 225 declined 0.73% in morning trade while the Topix index shed 1.17%. South Korea’s Kospi shed 0.37%. Shares in Australia also slipped as the S&P/ASX 200 fell 0.42%. MSCI’s broadest index of Asia-Pacific shares outside …
A trader on the floor of the New York Stock Exchange (NYSE), on Thursday, Nov. 18, 2021. Michael Nagle | Bloomberg | Getty Images Stock futures moved higher in overnight trading Sunday following Friday’s big sell-off as investors monitor the latest developments related to the Covid omicron variant. Futures on the Dow Jones Industrial Average gained about 215 points, or …
Traders work on the floor of the New York Stock Exchange on Nov. 5, 2021. Spencer Platt | Getty Images (This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates in your inbox, subscribe here.) The S&P 500 pulled back during this holiday shortened trading week, largely attributable to a Friday sell-off …
Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Check out the companies making headlines in midday trading Friday: United Airlines, American Airlines – Airline stocks were hit hard during Friday’s sell-off, as the new Covid variant sparked travel restrictions. Shares of United and American dropped more than 12% …
Friday’s sharp decline for stocks, spurred by concerns over a new Covid-19 variant, is not a buying opportunity, according to CNBC’s Jim Cramer. “We’re going to wake up next week and find one [case] in this country, and I’m not going to recommend anyone buy anything today until we’re sure that isn’t going to happen. And I can’t be sure …
Working oil pumps against a sunset sky. Imaginima | E+ | Getty Images Oil posted its worst day of the year on Friday, tumbling to the lowest level in more than two months as the new Covid-19 strain sparked fears about a demand slowdown just as supply increases. The leg lower came amid a broad sell-off in the market with …
A trader works on the floor of the New York Stock Exchange (NYSE) November 8, 2021. Brendan McDermid | Reuters Stock picks and investing trends from CNBC Pro: Markets were closed on Thursday for Thanksgiving, so stocks are coming off of slight gains on Wednesday that staunched the week’s losses for the S&P 500 and Nasdaq Composite. Treasury yields have …
