Sustained gains in oil prices will likely benefit two of China’s petroleum giants, Goldman Sachs analysts said, following rising Middle East tensions. The Iran war has effectively halted shipping through the Strait of Hormuz over the past week. Typically, about 20% of global petroleum liquids flow through strait, primarily sending crude to Asian countries. The…
Chinese Foreign Minister Wang Yi attends a press conference on China’s foreign policy and external relations on the sidelines of the fourth session of the 14th National People’s Congress (NPC) on March 8, 2026 in Beijing, China. Vcg | Visual China Group | Getty Images BEIJING — China’s top diplomat Wang Yi underscored Sunday the…
Check out the companies making headlines in midday trading. Bank stocks — All 101 stocks in the State Street SPDR S & P Bank ETF (KBE) were down Friday as the spread widened between the 2- and 10-year Treasury yield in a move known as a bear steepening that often suggests increased expectations of future…
Investors have poured money into emerging markets in recent years as the search for big stock gains has migrated overseas and as they look for diversification beyond the concentrated S&P 500. But the U.S.-Iran military conflict has reframed the concentration question, highlighting the level of risk in emerging markets when it comes to gains being…
Federal Reserve Governor Stephen Miran said Friday that the weak February jobs report bolsters the rationale for the central bank to lower interest rates further. Responding to the drop of 92,000 in nonfarm payrolls that the Bureau of Labor Statistics reported Friday, Miran said in a CNBC interview that the Fed should be focusing more…
Robinhood signage during a media event at John F. Kennedy International Airport (JFK) in New York, US, on Wednesday, March 4, 2026. Adam Gray | Bloomberg | Getty Images Robinhood’s Venture Fund I plunged 11% in its public market debut on the New York Stock Exchange on Friday, casting doubt on investors’ appetite for riskier…
These are the stocks posting the largest moves in premarket trading. Source link
It may be time to dive deeper into the emerging markets trade. Despite risks tied to the war with Iran, Global X ETFs’ Malcolm Dorson points to weaker dollar trends and uncertainty at home as a tailwind for the group. “It might be time to double down,” the firm’s senior portfolio manager told CNBC’s “ETF…
Check out the companies making headlines in after-hours trading. Costco Wholesale — Shares of the big-box retailer dipped less than 1% in the after-hours session. Costco reported $4.58 cents per share in earnings on revenue of $69.6 billion in the fiscal second quarter, while analysts polled by LSEG expected $4.56 cents per share in earnings…
Veteran investor Howard Marks said he doesn’t see a widespread problem brewing in private credit, but warned that the sector’s rapid expansion over the past 15 years could expose weaker lenders when markets eventually turn. “There’s not a systemic problem with private credit,” Marks, co-chairman and co-founder of Oaktree Capital, said Thursday on CNBC’s “Money…