Global economic updates, market sentiment, and financial headlines.
Semiconductors are leading one of the most explosive equity rallies in years. Fundamentals are keeping pace, giving strength to the rally's durability.
The coming ceremony underscores how the president has taken close interest in Warsh's appointment.
CNBC compiled a list of 23 S&P 500 firms across multiple sectors and industries to see how their stocks fared following layoffs linked to AI. As of May 15, 13 of those companies, or 56%, have traded in the red from the time of their layoff announcements.
Kevin Warsh to be sworn in as Federal Reserve chair on Friday
FOX Business White House correspondent Edward Lawrence reports on the announcement of a swearing in ceremony at the White House for new Federal Reserve Chairman Kevin Warsh.
President Donald Trump just can't quit tariffs. He suffered a major defeat when the Supreme Court ruled in February 2026 against the sweeping emergency tariffs he announced the previous year.
The stock market faces mounting risks from surging inflation, rising bond yields, and geopolitical instability, outweighing AI-driven resilience. Breakouts in 10-year and 30-year Treasury yields above key resistance levels threaten housing, and equity valuations and could trigger a negative wealth effect.
The Bureau of Labor Statistics reported on April 3, 2026, that the U.S. economy added 178,000 nonfarm payroll jobs in March, nearly triple the consensus forecast of 60,000. The 10-year Treasury yield closed at 4.37 percent on April 3, continuing a climb that has added more than 50 basis points since early March.
A new era of elevated borrowing costs is potentially underway as war-driven inflation angst intensifies in the US bond market, sending 30-year yields toward a two-decade high above 5%. Guneet Dhingra, Head of US Rates Strategy at BNP Paribas, discusses the recent yield surge and why 5% may become the new 4%.
Kevin Warsh is now likely to secure Senate approval as the next Federal Reserve chair—and become arguably the most powerful central banker in the world. But when Warsh appeared before the Senate Banking Committee for his confirmation hearing in April, one punchy question underscored the dilemma that Warsh, lawmakers and the Fed all face:
He won a Nobel in 2006 for challenging the conventional wisdom among economists that higher inflation was a necessary price to pay for low unemployment.
Volatility is no longer an interruption to market conditions. It has become the condition itself.
Battery storage firms in the U.S. are seeing surging interest from power-hungry AI data centers, but lengthy queues to connect to the grid and a supply chain heavily dependent on China are hampering the industry's ability to rapidly scale.
A global bond sell-off will lead to headwinds for international stocks, says @CharlesSchwab's Michelle Gibley. She explains how the U.S.-Iran War and the resulting inflation woes continue to serve as the key headwind to growth.
S&P 500 traders are watching 7427.83 as oil swings, rising Treasury yields and inflation fears keep volatility elevated across US stocks.
Not only does the market not believe the Fed will cut, but odds also are rising for a hike, with current pricing implying a 42% chance of an increase by the end of the year. "The Fed must catch up to the bond market to avoid losing control of borrowing costs and to appease the Bond Vigilantes," Ed Yardeni, the head of Yardeni Research, wrote Monday.
Europe faces a "stagflationary shock" from the war in Iran, the bloc's commissioner for the economy told CNBC. In the EU Commission's forthcoming spring report, growth forecasts are down and inflation forecasts are up, Valdis Dombrovskis said.
Charts for Chevron, Phillips 66, and EQT are bullish.
President Donald Trump has established a reputation as a pro-stock-market president, leading to record highs in the market, while also causing some of its most significant drops. These extreme fluctuations are driven more by headlines than by underlying fundamentals, especially those related to government policy.
The reason the market keeps rising can be summed up in a few words: earnings growth. So far, Q1 S&P 500 blended growth is sitting at 27.7%, potentially the strongest since Q4 2021.
Investors caught up in AI euphoria may need to be reminded that some industries go through slow periods.
Cyclical stocks, value shares and small caps have led European and US markets so far this year in a pattern that has surprised many investors, but JP Morgan's equity strategy team says the rally may be running ahead of economic reality. Strategist Mislav Matejka noted that the outperformance of economically sensitive stocks over their defensive counterparts has persisted even against the backdrop of the Iran conflict, a development he said many market participants find counterintuitive.
Confidence among U.S. home builders improved in May but still remains in negative territory amid rising mortgage rates, elevated costs and economic uncertainty tied to the war in Iran.
CNBC's Morgan Brennan reports on what Alaska's oil production means for the future of American energy security.
The man who saw the 2008 housing crash coming before anyone else is raising his hand again, and this time, the target is the AI-driven tech rally that has sent the Nasdaq soaring to levels not seen since the final, frenzied months of the dot-com bubble.
Bitcoin is sliding amid high Treasury yields. Circle stock won an analyst upgrade.
The U.S. Supreme Court declined on Monday to hear a pharmaceutical industry challenge to a plan to curb Medicare drug prices adopted during Democratic former President Joe Biden's administration that drugmakers argued illegally forces them to accept steep discounts and jeopardizes innovation.
US stocks opened cautiously on Monday as investors monitored rising Treasury yields, elevated oil prices, and ongoing tensions in the Middle East following a volatile end to last week's record-setting rally. The Dow Jones Industrial Average fell roughly 44 points, or 0.08%, while the S&P 500 was unchanged.
Futures bounced off lows after Iran said the U.S. is making traction toward peace talks. Kevin Hincks says it's a welcoming headline in a week light with economic data and dominated heavily by Nvidia (NVDA) earnings anticipation.
US indices looking for buyers on Monday, as we drifted a touch lower in overnight electronic trading.
Technology sector momentum gauges have turned negative for the first time since January 16th, led by weakness in smaller-cap stocks. Market breadth is historically narrow, with mega-caps driving index highs while a majority of stocks have moved below their 200-day moving averages.
China has agreed to buy at least $17 billion of agricultural products annually through 2028, the US said after Donald Trump and Xi Jinping held a major summit in Beijing last week. Bloomberg's Stephen Engle has the details.
Potential labor-market weakness following the widespread adoption of AI practices in the workplace should eventually lead to lower interest rates, Dario Perkins contends.
The S&P 500 has surged 16% in six weeks, driven by robust 27.7% Q1 earnings growth and raised analyst estimates. I am positioning more defensively short-term, citing rising interest rates, deteriorating market breadth, and persistent inflation as headwinds for risk assets.
Stock futures are slightly lower this morning as investors prepare for a busy week of earnings reports and monitor developments in Iran; Nvidia, Walmart, Target and Home Depot are among the big names on the earnings calendar this week; Dominion Energy shares are surging as the company announced a deal to be acquired by rival NextEra Energy; UnitedHealth Group shares are losing ground after Berkshire Hathaway's latest quarterly filing revealed the investment giant sold its stake in the insurer in the first quarter; and Regeneron Pharmaceuticals stock is tumbling on disappointing clinical trial results. Here's what you need to know today.
The S&P 500 continued rising during the trading week ending on Friday, 15 May 2026, clocking several new record high closes during the week that was. The index, however, retreated from those new highs on Friday but still closed at 7,408.50, up a little over 0.1% above its previous week's close.
S&P 500 futures fall as rising Treasury yields, oil prices and Nvidia earnings pressure Wall Street ahead of a critical week for US stocks.
With inflation fears resurfacing and bond markets under pressure, what will monetary policy from the Federal Reserve look like through the end of the year?
A pullback in big tech capex may rattle markets, say Panmure Liberum strategists.
US stock index futures fell on Monday as rising Treasury yields and oil prices renewed pressure on equities and revived concern that borrowing costs may stay elevated for longer. Futures tied to the Dow Jones Industrial Average fell 373 points, or 0.8%, while contracts linked to the S&P 500 and Nasdaq-100 slipped 0.4% and 0.3%.
Yields on 30-year gilts hit a high last seen in 1998, while 10-year yields were at their highest since 2008.
The biggest beneath-the-surface issue with the late 1990s rally versus today's market in large-cap tech and growth is accounting quality. Today, looking at cash flow and free cash flow versus net income does not indicate anywhere near the accounting quality issues that were seen in the late 1990s.
The Treasury yield could peak near 5% in coming weeks, which will be a chance to buy stocks, says Ed Yardeni.
After eight years of friction with the White House, a global pandemic, and a fight with high inflation, the U.S. Federal Reserve begins a new era with former governor Kevin Warsh soon to be sworn in as chair.
Inter IKEA, which franchises the Swedish budget home furniture brand in 63 countries, is laying off 850 workers in a cost-cutting drive as consumer demand falls and the blue big-box retailer works to become more efficient and bring down prices.
U.K. gilts remain in focus on Monday after last week's rout. Bond markets are trying to gauge whether the U.K.'s would-be prime minister, Andy Burnham, could throw away the fiscal rule book.
Brent crude oil trade above $110 a barrel, borrowing costs tick up
Bond markets around the world spike with the U.S. 10-year Treasury yield hitting its highest level in 15 months as inflation concerns persist. We are live in Paris where G7 finance ministers and central bank governors are meeting with the global sell-off set to dominate discussions.
Global bond yields rose on Monday as fears of resurgent inflation grip financial markets.