logo
#

Latest news with #ChloeTaylor

European stocks poised to extend gains after Wall Street's record highs
European stocks poised to extend gains after Wall Street's record highs

CNBC

time4 days ago

  • Business
  • CNBC

European stocks poised to extend gains after Wall Street's record highs

Traders work on the floor of the New York Stock Exchange on Aug. 12, 2025. Spencer Platt | Getty Images It isn't just stocks in Europe that are on the rise. Overnight in Asia, shares have been rallying, with Japan's Nikkei 225 hitting an all-time high and Hong Kong's Hang Seng Tech Index — home to some of China's biggest tech firms — adding more than 2%. That followed a session on Wall Street that saw both the S&P 500 and the Nasdaq Composite hit record highs, as U.S. inflation data raised markets' expectations of a rate cut from the Federal Reserve. — Chloe Taylor The U.K.'s Met Office forecasts another public health warning for temperatures reaching 34 degrees Celsius in London, as members of the public cross Westminster Briidge, on Aug. 12 2025. Richard Baker | In Pictures | Getty Images Good morning from London, where more sweltering weather is on its way. Stocks are also looking set to heat up somewhat, with futures tied to the FTSE 100 last seen trading 0.2% higher. Those tied to the German DAX are 0.5% higher, while futures tied to the French CAC 40 are up by 0.4%. — Chloe Taylor

European markets set to open lower as U.S. trade talks and earnings keep spotlight
European markets set to open lower as U.S. trade talks and earnings keep spotlight

CNBC

time25-07-2025

  • Business
  • CNBC

European markets set to open lower as U.S. trade talks and earnings keep spotlight

Good morning from London. There's just under an hour and a half to go until the final opening bell of the week, and regional indexes are currently looking poised to move into negative territory. Futures tied to the German DAX , Italian FTSE MIB and French CAC 40 indexes were all last seen trading 0.2% lower. Those tied to London's FTSE 100 were last heading marginally lower. Regional shares ended the Thursday session higher, as investors focused on U.S.-EU trade talks, the European Central Bank's widely anticipated interest rate hold and a flurry of corporate earnings. — Chloe Taylor

European stocks poised to open higher as earnings hold spotlight
European stocks poised to open higher as earnings hold spotlight

CNBC

time18-07-2025

  • Business
  • CNBC

European stocks poised to open higher as earnings hold spotlight

A small replica of the Charging Bull statue is seen on a street vendor stall outside the New York Stock Exchange on July 11, 2025. Jeenah Moon | Reuters Optimistic sentiment on the U.S. economy has been fueling a flurry of positive trading across the globe. On Wall Street, the S&P 500 closed at am all-time high on Thursday, while the Nasdaq Composite also hit a record high. Better-than-expected earnings from Netflix , PepsiCo , United Airlines also helped lift U.S. indexes higher. Overnight in the Asia-Pacific region, Australian stocks reached a record high after rising unemployment figures fueled bets of a rate cut from the country's central bank. Investors in the region were also reacting to a cooling inflation print out of Japan. In Europe, investors are still monitoring trade tensions between the European Union and the United States. — Chloe Taylor Shomos Uddin | Moment | Getty Images Good morning from London. European stocks look set to move higher at Friday's opening bell. Futures tied to the Euro Stoxx 50 were last seen 0.35% higher. Those tied to Germany's DAX index are around 0.45% higher, while futures tied to London's FTSE 100 were last seen up by 0.3%. — Chloe Taylor

S&P 500 futures rise as investors await bank earnings, inflation reading: Live updates
S&P 500 futures rise as investors await bank earnings, inflation reading: Live updates

CNBC

time15-07-2025

  • Business
  • CNBC

S&P 500 futures rise as investors await bank earnings, inflation reading: Live updates

Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference on May 21, 2025. Chesnot | Getty Images Entertainment | Getty Images Shares of Nvidia jumped 4.5% in premarket trade on Tuesday, after the company said it was hopeful it could soon resume sales of its H20 chips to China. "The U.S. government has assured NVIDIA that licenses will be granted, and NVIDIA hopes to start deliveries soon," the company said in a statement on Tuesday. Read more here. — Chloe Taylor Asia-Pacific ended the day higher Tuesday. Hong Kong's Hang Seng Index added 1.6% to close at 24,590.12, while mainland China's CSI 300 index was flat at 4,019.06. Japan's Nikkei 225 benchmark added 0.55% to close at 39,678.02, while the broader Topix index was flat at 2,825.31. Meanwhile, South Korea's Kospi index increased by 0.41% to close at 3,215.28, while the small-cap Kosdaq advanced 1.69% to 812.88. Australia's S&P/ASX 200 benchmark ended the day 0.7% higher at 8,630.30. Over in India, the 50-stock benchmark Nifty 50 was up 0.43%, while the Sensex index moved up 0.31% as of 1.55 p.m. Indian Standard time (4.25 a.m. ET). — Amala Balakrishner We're just over half an hour into Tuesday's trading session, and European shares are broadly moving higher. The pan-European Stoxx 600 was last seen trading around 0.2% higher, with most sectors trading in positive territory. Regional shares are coming off of a mostly losing session on Monday, as investors reacted to U.S. President Donald Trump's threat to to slap 30% tariffs on goods from the European Union next month. — Chloe Taylor June's consumer price index could be the first to show the tariff impact. Here are what economists polled by Dow Jones are expecting: Headline: 0.3% monthly increase, 2.7% increase on an annual basis Core: 0.3% monthly increase, 3% gain on an annual basis The inflation reading is due out Tuesday at 8:30 a.m. ET. — Sarah Min Companies have a low bar to clear this earnings season. The S&P 500 is projected to post a blended earnings growth rate of 4.3% in the second quarter, on a year-over-year basis, according to FactSet data. That would be the lowest for the index going back to the fourth quarter of 2023, when it was just 4.0%. — Sarah Min Advertising tech company The Trade Desk will become part of the S&P 500, effective before trading opens on Friday, July 18, according to S&P Dow Jones Indices. Joining the broad market index tends to lift a company's share price: The Trade Desk jumped 14% in extended trading following the announcement. Stock chart icon The Trade Desk over the past day Just last week, Wall Street firm Stephens predicted that The Trade Desk could be a potential contender to join the S&P 500's communications services sector, which is an underweight grouping in the index. The Trade Desk will replace software company Ansys , which is on track to be acquired by Synopsys on or about Thursday. — Darla Mercado, Jordan Novet

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store