Asia-Pacific markets fall after S&P 500 closes at new low for the year; China factory data ahead – CNBC

Asia-Pacific markets fall after S&P 500 closes at new low for the year;  China factory data ahead – CNBC

Asia-Pacific markets fall after S&P 500 closes at new low for the year; China factory data aheadCNBC .

Citi’s top stock strategist expects a market risk-on rally in the fourth quarter

Citi’s top stock strategist expects a market risk-on rally in the fourth quarter

The stock market should see better days ahead as it heads into the end of the year, according to Citi. On Thursday, the stock market erased gains it made in the previous session, while bond yields moved higher. Wednesday’s rally came after the S & P 500 made a new low for the year. “We … Read more

Dow tumbles 400 points, Nasdaq sheds nearly 3% as Apple slides

Dow tumbles 400 points, Nasdaq sheds nearly 3% as Apple slides

Stocks slumped Thursday, erasing gains from the previous day’s rally, as a decline in Apple shares weighed on the major averages. The Dow Jones Industrial Average dropped 603 points, or 2.03%. The S&P 500 and Nasdaq Composite declined 2.59% and 3.29%, respectively. The sell-off was broad-based with just three stocks in the S&P 500 trading … Read more

5 things to know before the stock market opens Thursday, September 29

5 things to know before the stock market opens Thursday, September 29

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, September 26, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. So much for that Stocks ripped higher Wednesday after the market digested the Bank of England’s announcement … Read more

India’s startup market has tremendous potential

India’s startup market has tremendous potential

India’s startup market is worth betting on, although it’s still “a few years” behind China’s, Facebook co-founder Eduardo Saverin said. During a panel discussion at the Forbes Global CEO Conference in Singapore this week, Saverin said his investment company B Capital is deploying “a lot of dollars” into India and is thinking about the long-term … Read more

European markets rebound after BoE steps in to calm markets

European markets rebound after BoE steps in to calm markets

CNBC Pro: Analyst says this FAANG stock is an evergreen winner — and investors should buy the dip Tech stocks have had a difficult year so far but a Rosenblatt Securities analyst thinks the sell-off is an opportunity for long-term investors to buy the dip. “Stay away from the losers,” he said, recommending “winners in … Read more

Asia-Pacific markets open higher after Wall Street rebounds overnight

Asia-Pacific markets open higher after Wall Street rebounds overnight

CNBC Pro: Analyst says this FAANG stock is an evergreen winner — and investors should buy the dip Tech stocks have had a difficult year so far but a Rosenblatt Securities analyst thinks the sell-off is an opportunity for long-term investors to buy the dip. “Stay away from the losers,” he said, recommending “winners in … Read more

Jim Cramer says Wednesday’s market rally was ‘based on a dream’

Jim Cramer says Wednesday’s market rally was ‘based on a dream’

CNBC’s Jim Cramer said that Wednesday’s rally will likely reverse course as soon as a Federal Reserve official reminds Wall Street of its hawkish stance against inflation. “The moment some Fed-head explains the obvious, today’s gains will indeed disappear because they’re incompatible with the Fed’s attempts to control inflation. This rally was based on a … Read more