Watch CNBC's full interview with the Closing Bell Panel
Malcolm Ethridge, Capital Area Planning, and Jason Snipe, Odyssey Capital Advisors, join 'Closing Bell' to discuss the current market action and where investors can find returns.
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CNBC
17 hours ago
- CNBC
Stock futures are little changed on Sunday evening with trade talks, inflation data on deck in week ahead: Live updates
U.S. equity futures were mostly flat on Sunday evening with the S&P 500 trading near a record high and a busy week of potential market-moving news ahead. S&P 500 futures added less than 0.1%. Nasdaq 100 futures gained less than 0.1%, while futures tied to the Dow Jones Industrial Average ticked up 27 points, or less than 0.1%. The move in futures comes after all three of the major indexes notched their second-straight winning week. The S&P 500 closed above the 6,000 level for the first time since Feb. 21, and is now less than 3% away from its record closing high. Chris Verrone, chief market strategist Strategas, said Friday on "Closing Bell" the rally shows that concerns about tariffs and the U.S. economy are easing among many traders and investors. "The message of the market is still one that is largely pretty constructive here," Verrone said, mentioning S&P 500 hitting a three-month high. "Maybe most importantly, cyclicals continue to hum along. I know the data on balance has been softer, but the market's saying ignore it. Cyclicals making new highs versus defensives says, 'Hey, the economy's largely OK here,' " he added. The coming week will bring plenty of opportunities to either reinforce or undermine the market's confidence. On Monday, officials from the U.S. and China are expected to hold trade talks in London, President Donald Trump announced Friday. In the U.S., Apple's 2025 Worldwide Developer Conference kicks off on Monday. The tech giant's stock has been an area of weakness this year, sinking more than 18%. Inflation data is expected to be a key topic later in the week. The latest consumer price index is due out on Wednesday, followed by the producer price index on Friday. Traders will be looking for clues as to how the current tariff rates are flowing through the economy. A new consumer sentiment reading from the University of Michigan — which includes data around inflation expectations — is due out on Friday. Futures were calm when trading resumed on Sunday evening, with the three main futures contracts drifting marginally higher. — Jesse Pound The communication services group was the top performing sector in the S&P 500 last week, gaining 3.19%. The sector's three-biggest stocks — Alphabet , Meta Platforms and Netflix — all finished higher on the week. Stock chart icon The communications services group was a strong performer last week. Meanwhile, consumer staples was the worst performing sector, sinking 1.57%. Small caps were another bright spot, as the Russell 2000 gained 3.19% for its eighth positive week in 9. — Jesse Pound, Christopher Hayes
Bloomberg
3 days ago
- Bloomberg
Stocks Hit Highest Since February on Jobs Surprise
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Katie Nixon, Northern Trust, Betsey Stevenson, University of Michigan, Dan Dolev, Mizuho, Rashad Bilal & Troy Millings, Earn Your Leisure, Matthew Griffin, Bloomberg News, Barry Bannister, Stifel, Jess Menton, Bloomberg News, Ed Ludlow, Bloomberg News, Stacy Rasgon, Bernstein Research, Frances Katzen, Douglas Elliman, Brett Winton, Ark Invest, Tony Zaccario, Stretch Zone, Nicole Camarre, 43North. (Source: Bloomberg)
CNBC
3 days ago
- CNBC
Jeremy Siegel: Tax cut is going to happen
Jeremy Siegel, Wharton professor emeritus and WisdomTree chief economist, joins 'Closing Bell' to discuss the latest jobs report, the budget bill and trade deal with China.
