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CNN —Simone Biles won her fourth gold medal of the Artistic Gymnastics World Championships on Sunday, finishing first in the floor exercise, as she completes her first international competition since her two-year break from gymnastics. The gold in floor is Biles’ 23rd world championship gold medal and was her second of the day, having won the beam competition in Antwerp, Belgium. Simone Biles competes in the women's beam final at the world championships. Biles in action during the floor final at the 2023 world championships. Biles has now earned 30 career medals – 23 gold, four silver, three bronze – at the world championships, as well as a record 37 total medals across both the Olympics and the world championships.
Persons: CNN — Simone Biles, Rebeca Andrade, China’s Zhou Yaqin, Biles, Simone Biles, Lionel Bonaventure, It’s, Zhou, Yves Herman, Reuters Brazil’s Rebeca Andrade Organizations: CNN, Getty, Olympic, Reuters, Olympics Locations: Antwerp, Belgium, China’s, Europe, AFP
So take a look at the guide below for everything you need on how to watch the Qatar F1 live stream for free from anywhere. Where to Watch a free Qatar F1 live streamThis weekend's simplest option for a free F1 live stream is using a VPN to tune into one of the free European streams mentioned above. How to watch the Qatar F1 live stream with a VPNSign up for a VPN if you don't have one. Turn it on and set it to a country with a free live stream. How to watch an F1 live stream in the USESPN carries coverage of Formula 1 racing throughout the season, and there's plenty of it left to enjoy.
Persons: Max Verstappen, Perez, Max, We've, ExpressVPN Organizations: Qatar, BBC, RTL, AEST, US ESPN, ESPN Locations: Japan, Hamilton, Qatar, ORF1, Austria, Belgium, Luxembourg, TV's
ATLANTA (AP) — Kyle Wright missed nearly the entire season dealing with shoulder issues. Wright underwent an MRI on Friday and is likely to need surgery that would cost him another full season, according to Snitker. Political Cartoons View All 1202 ImagesThe news cast a pall over the Braves' sixth straight playoff appearance after a 104-win regular season. Snitker moved him to the bullpen for the final week of the regular season, hoping he would be more effective as a long reliever. “Kyle is not right,” Snitker said.
Persons: — Kyle Wright, Wright, Brian Snitker, Kyle, , Max Fried, , Snitker, “ Kyle, ” Snitker, “ He’s, Charlie Morton, AJ Smith, Hurston Waldrep, Morton, Matt Olson Organizations: ATLANTA, Atlanta Braves, NL, Philadelphia, Braves, Atlanta, Phillies
A report card for the stock market as it approaches one year since the October 2022 bottom of the mini-bear market would probably read, "Good effort, shows perseverance, needs improvement." The equal-weight S & P 500 is up less than 12% from its low. The median stock in the index is up between 3% and 4% over the past 12 months. All four times since 1979, the S & P 500 and Russell 2000 were both higher in the fourth quarter. The S & P 500 is now at 17.7-times 12-month forward profit forecasts, according to FactSet, down from almost 20 in late July.
Persons: Doug Ramsey, Russell, Stephen Suttmeier, Jurrien Timmer, Stocks Organizations: Leuthold, Nasdaq, Bank of America, Fidelity Investments, Fed, Federal Reserve, Deutsche, Treasury
Even with a modest bounce Friday, U.S. crude prices fell nearly 9% this week — their worst weekly performance since March. US10Y YTD mountain 10-year Treasury yield year to date performance Here are three major developments to watch in the week ahead. September headline PPI is expected to rise 0.3% month over month and 1.6% year over year. As for CPI, economists are looking for a September headline reading of up 0.3% month over month and 3.6% year over year. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Dow, , We'll, Wells Fargo, Banks, we'll, Jamie Dimon, Morgan Stanley, Wells, JPMorgan Chase, Jim Cramer's, Jim Cramer, Jim, Daniel Acker Organizations: Labor Department, Nasdaq, Federal Reserve, Companies, CPI, JPMorgan Chase, PepsiCo, Air, DAL, Walgreens Boots Alliance, Commercial Metals, Infosys Tech, SMART, JPMorgan, Citigroup, PNC Financial, PNC, Jim Cramer's Charitable, CNBC, Bloomberg, Getty Locations: U.S, Wells Fargo, BlackRock
The S&P 500 and Nasdaq registered their biggest daily percentage gains since late August, and the S&P 500 rose for the week, snapping a four-week losing streak. Information technology (.SPLRCT) was up the most of any S&P 500 sector, followed by communication services (.SPLRCL). He said also that the S&P 500 appeared to bounce after nearing its 200-day moving average, currently at around 4,208. For the week, the S&P 500 was up 0.5%, the Dow fell 0.3% and the Nasdaq rose 1.6%. The S&P 500 posted six new 52-week highs and 52 new lows; the Nasdaq Composite recorded 27 new highs and 260 new lows.
Persons: Stocks, Robert Pavlik, Brendan McDermid, Caroline Valetkevitch, Sinead Carew, Ankika Biswas, Shashwat Chauhan, Anil D'Silva, Shounak Dasgupta, David Gregorio Our Organizations: Companies, Exxon, Dow, Nasdaq, Federal Reserve, Dakota Wealth, Treasury, Traders, New York Stock Exchange, REUTERS, Dow Jones, JPMorgan Chase, Exxon Mobil, Reuters, Natural Resources, NYSE, Thomson Locations: Fairfield , Connecticut, New York City, U.S, New York, Bengaluru
The S&P 500 rose for the week, snapping a four-week losing streak. Information technology (.SPLRCT) was up the most of any S&P 500 sector, followed by communication services (.SPLRCL). Stocks initially fell early after the jobs data, which showed U.S. employment increased by the most in eight months in September but also that wage growth cooled. Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut, said the S&P 500 appeared to bounce after nearing its 200-day moving average, currently at around 4,208. Market watchers have been weighing whether the Fed may be done hiking interest rates after a recent surge in long-term U.S. Treasury yields.
Persons: Brendan McDermid, Stocks, Robert Pavlik, Sinead Carew, Ankika Biswas, Shashwat Chauhan, Anil D'Silva, Shounak Dasgupta, David Gregorio Our Organizations: New York Stock Exchange, REUTERS, Companies, Exxon, YORK, Dakota Wealth, Federal Reserve, Treasury, Nasdaq, Dow Jones, JPMorgan Chase, Exxon Mobil, Reuters, Natural Resources, Thomson Locations: New York City, U.S, Fairfield , Connecticut, New York, Bengaluru
Morning Bid: A welcome calm, but keep your umbrella handy
  + stars: | 2023-10-06 | by ( ) www.reuters.com   time to read: +2 min
A general view shows the trading floor at the stock exchange in Frankfurt, Germany October 2, 2017. Reuters GraphicsToday, U.S. yields have found a place to rest at 4.72%, the yen is sitting comfortably around 148.50, and Brent is building a floor above $84. APAC stocks are firm, including a welcome 1.8% rally in Hong Kong that paints a rosier backdrop for the mainland market's return from a weeklong holiday on Monday. If sentiment holds in Asia, European stocks can hope to build on yesterday's rebound from March lows. BOJ actions also run counter to the government's desire to put a floor under the yen.
Persons: Kai Pfaffenbach, Kevin Buckland, Brent, Muralikumar Organizations: REUTERS, Reuters Graphics Today, of, Thomson Locations: Frankfurt, Germany, U.S, Hong Kong, Asia, Tokyo
Chart Master: Buy gold for a bounce after recent dip
  + stars: | 2023-10-06 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChart Master: Buy gold for a bounce after recent dipCarter Worth, Worth Charting, joins the 'Fast Money' traders to talk his playbook for buying gold.
Locations: Carter Worth
Spot gold was up 0.6% at $1,831.09 per ounce by 1:41 p.m. EDT (1741 GMT) but on track for its second straight weekly loss, down 0.9% so far. Reuters GraphicsBenchmark Treasury yields headed for a weekly increase, denting the appeal of gold. The bounce in gold prices despite the strong jobs data indicates that selling pressure has been exhausted and there is covering of short positions, said Tai Wong, a New York-based independent metals trader. Spot silver gained 3.1% to $21.54 an ounce, platinum rose 2.6% to $876.73 and palladium firmed 1.8% to $1,161.72. All were on track for weekly losses.
Persons: サマリー, Tai Wong, Ole Hansen, Hansen, Ashitha Shivaprasad, Brijesh Patel, Rod Nickel, Kirsten Donovan 私 たち Organizations: Graphics, U.S . Labor, Traders, Saxo Bank Locations: U.S, New York, Bengaluru
LONDON (AP) — Shares in the troubled British lender Metro Bank bounced back by a third on Friday on reports that it has been sounding out bigger rivals to buy a chunk of its assets. Sky News reported that advisers to the bank have contacted Lloyds Banking Group and NatWest Group among others. But it stressed that “no decision has been made on whether to proceed with any of these options." Gary Greenwood, an equity research analyst for Shore Capital Markets, suggested that the business could struggle to find backers for a potential fundraising exercise. Political Cartoons View All 1202 Images“Metro Bank has been struggling for a number of years to establish itself as a profitable and self-sustaining bank," he said.
Persons: Gary Greenwood Organizations: Metro Bank, Sky News, Lloyds Banking Group, NatWest Group, London Stock Exchange, Shore Capital Markets, Bank Locations: Britain
The S & P 500 entered Friday's session down for the week, but a 1% rally put it on track to snap a four-week slide. Here are some of the most oversold names: PepsiCo is one of the most oversold companies in the S & P 500, scoring an RSI of 5.7 and a consensus price target implying more than 26% upside. Other oversold stocks include utility company NextEra Energy , hospitality and entertainment company MGM Resorts International and financial services firm State Street . Here are the 10 most overbought stocks in the S & P 500: Activision Blizzard made the list, with an RSI of 74.15. Pharmaceutical company McKesson and risk management software provider Assurant are also among the most overbought companies in the S & P 500.
Persons: Christopher Horvers, Activision Blizzard, UnitedHealth, it's Organizations: Group, PepsiCo, Dow Jones, CNBC Pro, Wall Street, Gatorade, Barclays, JPMorgan, HSBC, NextEra Energy, MGM Resorts International, Activision, Microsoft, Activision Blizzard, . Pharmaceutical, Seagate Technology Locations: overbought
THE COLONY, Texas (AP) — Hyo Joo Kim shot a 3-under 68 on Friday in The Ascendant LPGA to take a two-stroke lead over Sofia Garcia into the weekend, with resurgent Lexi Thompson tied for third. Kim had four birdies and a bogey in her morning round at Old American to reach 10-under 132. Thompson won the last of her 11 LPGA Tour titles in June 2019. The five-time LPGA Tour winner has two runner-up finishes and six other top 10s this season without winning. Defending champion Charley Hull, another European Solheim Cup player, had a 69 to get to 1 under.
Persons: — Hyo Joo Kim, Sofia Garcia, Lexi Thompson, Kim, ” Kim, Garcia, , ” Garcia, Thompson, Celine Boutier, Boutier, ” Thompson, “ It’s, “ I’ve, It’s, haven’t, Lilia Vu, ” Boutier, Leona Maguire, Marina Alex, Maria Torres, Azahara Munoz, Charley Hull, ___ Organizations: Texas Tech, Globe, Solheim, She's, CME Globe, Evian, Scottish, Duke Locations: Texas, Paraguay, Las Vegas, United States, Spain, Arkansas, France, Europe
A soft inflation reading in the week ahead after Friday's jobs report could be the signal stocks need to turn around after their recent carnage from rising bond yields. Some market participants are hopeful stocks can start to rebound from their recent lows if next week's inflation reports confirm price pressures easing. The producer price index comes out Wednesday, while the consumer price index is due out Thursday. The September consumer price index that's due out Thursday is expected to show easing inflation. Export Price Index (September) 10 a.m. Michigan Sentiment preliminary (October) Earnings: BlackRock , UnitedHealth Group , The PNC Financial Services Group , JPMorgan Chase , W ells Fargo , Citigroup
Persons: Stocks, Jim Lebenthal, Lebenthal, Dow Jones, it's, Mary Daly, we'll, Hogan, Wells, BlackRock, Price, JPMorgan Chase Organizations: Federal Reserve, Dow Jones Industrial, Cerity Partners, CPI, PPI, Treasury, Dow, San Francisco Fed, Riley, JPMorgan Chase, Citigroup, UnitedHealth, PepsiCo, Treasury Budget, Delta Air Lines, Walgreens, Alliance, Price, UnitedHealth Group, PNC Financial Services Group, JPMorgan Locations: U.S, Wells Fargo, Michigan
An H2-A rocket carrying a small lunar surface probe and other objects lifts off from the Tanegashima Space Centre on Tanegashima island, Kagoshima prefecture on September 7, 2023. Last month, Japan's Aerospace Exploration Agency (JAXA) launched a lunar exploration spacecraft from its Tanegashima Space Center. Japan also discarded efforts to land its Omotenashi spacecraft on the moon in November after failing to stabilize communication. Japan's success this time around could be a leap for space exploration more broadly. "It shows that they are learning from their mistakes — a very important aspect of space exploration," said Behar, who is also Phillip and Sarah Gotlieb Memorial Chair at the Technion–Israel Institute of Technology.
Persons: Kari Bingen, Bingen, Smart Lander, SLIM, Ehud Behar, Norman, Helen Asher, Behar, Phillip, Sarah Gotlieb, We've Organizations: Press, Afp, Getty, Japan, Aerospace Security, International Security, Center for Strategic, International Studies, Japan's Aerospace Exploration Agency, JAXA, SpaceX, Cape Canaveral Space Force, Anadolu Agency, Helen Asher Space Research, Technion – Israel Institute of Technology, Artemis Accords, Artemis, Capital, Nurphoto Locations: Tanegashima, Kagoshima prefecture, Japan, Cape Canaveral , Florida, India, China, U.S, Bingen, South, Shanghai
Puma tumbles as analysts flag possible earnings disappointment
  + stars: | 2023-10-05 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A pair of Puma sports shoes is shown at an event in Berlin, Germany February 21, 2019. Analysts at brokerage Stifel said Puma's third-quarter earnings before interest and tax might decline by a low double-digit rate compared with last year, a worse performance than consensus expectations for a 6% decline. The drop in Puma's shares put them on course for their worst day since March 2020. Puma said it was fully on track to achieve its full-year guidance, while declining to comment on its share price movement. Puma is targeting EBIT of between 590 million euros and 670 million euros for 2023, from 641 million euros in 2022.
Persons: Annegret, Stifel, Puma, overstock, Jefferies, Danilo Masoni, Helen Reid, Linda Pasquini, Alexander Huebner, Susan Fenton, Jane Merriman Organizations: REUTERS, Nike, Adidas, Puma, RBC, Thomson Locations: Berlin, Germany, North America, China, U.S, London, Gdansk, Munich
Morning Bid: Nervy bond bounce on soft jobs and oil
  + stars: | 2023-10-05 | by ( ) www.reuters.com   time to read: +5 min
[1/2] A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 19, 2023. Although both oil and bond yields calmed somewhat overnight, U.S. crude plunged by more than $5 per barrel on Wednesday. The tentative bond bid and shifting interest rate picture stopped the rot in stock markets too, with Wall St stocks rallying on Wednesday and the Nasdaq (.IXIC) staging its biggest daily gain since August. But in a sign of the nervousness, European stock markets stalled again and Wall St futures were back in the red. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Brendan McDermid, Mike Dolan, Kevin McCarthy, Michael Barr, Mary Daly, Thomas Barkin, Loretta Mester, Lamb Weston, Christina Fincher Organizations: New York Stock Exchange, REUTERS, Nasdaq, Wall, Metro Bank, U.S, Federal, San Francisco Fed, Richmond Fed, Cleveland Fed, Treasury, Brands, Constellation Brands, Reuters, Thomson Locations: New York City, U.S, Wall, York
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. The yield is at a 16-year high, and Jim Cramer has called it the " tyranny of the 10-year ." Constellation reports Club holding Constellation Brands (STZ) delivered a beat on quarterly earnings and revenue on Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .
Persons: Jim Cramer, Jim Cramer's, Jim Organizations: CNBC, Nasdaq, Treasury, West Texas, Constellation, Club, Constellation Brands, Costco Wholesale, U.S, Costco Locations: U.S
The surprisingly strong economy has led investors to worry that the Fed will keep rates higher for longer, which, in turn, drove US Treasury yields higher. As stocks have declined and bond yields have soared, bond prices have tanked, causing pain for investors who bet that the Fed would curtail its rate-hiking campaign earlier this year. Treasury yields rose to their highest level in over a decade earlier this week, before edging lower on a cooldown in employment data on Wednesday. Bond prices cratered in 2022 after the Fed began drastically raising near-zero rates to tame runaway inflation. US Treasury bond prices jumped earlier this year after the collapse of several regional lenders led traders to bet that the Fed would soon ease its aggressive pace of interest rate hikes.
Persons: , Noah Wise, Matt Miskin, FactSet, Miskin, Wise, doesn’t, you’re, ” Wise, Sam Bankman, Nathan Rehn, Allison Morrow, , ” Rehn, Read, Samantha Murphy Kelly Organizations: CNN Business, Bell, CNN, Treasury, Dow Jones, Nasdaq, Allspring Global Investments, John Hancock Investment Management, Fed, US Treasury, Google Locations: Manhattan, Bahamas, New York City
But while external forces seem to be threatening markets, Dominic Wilson, senior advisor in Goldman Sachs' global markets research group, thinks investors themselves will turn recession fears into a self-fulfilling prophecy. In a note to clients late last week, Wilson wrote that the strength of the US economy has pushed markets upwards for most of the year. Investor sentiment has driven markets all year — particularly the exuberance over the potential of AI, which sent shares of a few key tech stocks higher and dragged the rest of the S&P 500 along with them. But Wilson thinks these issues are simply a "pothole" that the market will eventually recover from. If that's the case and stocks do bounce back in 2024, smart investors should position themselves now for profits later.
Persons: Dominic Wilson, Goldman Sachs, Wilson, Americas Equity Research Steven Kron, Kron, Morgan Stanley, there's Organizations: Federal Reserve, Americas Equity Research, Wall
Many investors expect that could be the capitulation event equities need to bottom out before rebounding. "If you get down to five and a quarter all hell's gonna break loose," Rob Ginsberg, managing director at Wolfe Research. The yield on the 10-year Treasury has spiked sharply to about 4.8% this week, about 1 whole percentage point above where it was in mid-July at around 3.7%. In fact, it won't take much for the positive narrative to start to take hold in markets, Hogan said. Hogan anticipates the S & P 500 could rise to 4,800 by year end, about 13% above where it is currently.
Persons: Rob Ginsberg, Fitch, Ray Dalio, Jamie Dimon, Wolfe Research's Ginsberg, Ginsberg doesn't, You'll, Ginsberg, Riley Financial's Art Hogan, they'll, Read, Hogan, Kevin McCarthy, Goldman Sachs, Jan Hatzius, Katie Stockton, Bank of America's Stephen Suttmeier, Jeffrey Hirsch, I'm, Hirsch Organizations: Dow Jones, Treasury, Wolfe Research, Federal Reserve, JPMorgan, CNBC Pro's, Supply, Bank of America's Locations: Saudi Arabia
JPMorgan's Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer, high interest rates are creating a breaking point for stocks — and choosing cash at a 5.5% return in money market and short-term Treasurys is a key protection strategy right now. "I'm not sure how we're going to avoid it [recession] if we stay at this level of interest rates," the firm's chief market strategist and global research co-head told CNBC's "Fast Money" on Thursday. He indicates a near-term bounce is still possible because a lot hinges on economic reports over the next few months. It could be 20% downside."
Persons: JPMorgan's Marko Kolanovic, I'm, CNBC's, Kolanovic Organizations: Institutional, famer
Morning Bid: A bond bounce, or a bull trap?
  + stars: | 2023-10-05 | by ( ) www.reuters.com   time to read: +2 min
[1/3] Traders are pictured at their desks in front of the DAX board at the stock exchange in Frankfurt, Germany July 29, 2015. REUTERS/Remote/Pawel Kopczynski/File photo Acquire Licensing RightsA look at the day ahead in European and global markets from Tom WestbrookRelief extended from Wall Street to Marunouchi on Thursday, with bond yields and the dollar down further and stock markets stabilising. A cooler-than-expected U.S. private payrolls report and Wednesday's 5% drop in crude oil prices have helped. The oil slump was particularly noteworthy as the biggest in more than a year, pushing the price below where it was a year ago. The yen has also risen to the strong side of 149-per-dollar, giving traders something of a break from white-knuckling uncertainty over possible intervention by Japan.
Persons: DAX, Westbrook, ECB's, Fed's Kashkari, Daly, Mester, Tom Westbrook, Edmund Klamann Organizations: REUTERS, Treasury, Friday's, Thomson Locations: Frankfurt, Germany, Marunouchi, Japan, China, Asia, South Korea, Philippines, Friday's U.S, Barr
Raymond James also downgraded the stock to market perform Thursday morning, citing the larger-than-expected material effect the attack had on the company. Clorox said after the bell Wednesday that it expects to report a 23% to 28% decline in sales during the quarter that ended Sept. 30. Clorox also said it estimates its gross margin for the quarter will be down from the year-ago period. It expects to post a per share loss of 35 cents to 75 cents. On an adjusted basis, it projects a loss of up to 40 cents a share.
Persons: Raymond James, Clorox Organizations: Walmart Locations: Austin , Texas
Jordanian Dinar, Yuan, Dollar, Canadian Dollar, Pound and Riyals banknotes are seen in this picture illustration taken June 13, 2017. JP Morgan analyst Sin Beng Ong in a note on the pressure it was putting on emerging Asia markets. RICHARD MCGUIRE, HEAD OF RATES STRATEGY, RABOBANK, LONDON:“The markets reflect effectively flying blind because the models don't work, everybody's been calling for a recession that just simply refuses to arrive. "Our view is that the U.S. economy slows into next year... so from that perspective, at some point, we expect it (bond market selloff) to normalise." (Compiled by the Global Finance & Markets Breaking News team)Our Standards: The Thomson Reuters Trust Principles.
Persons: Yuan, Dado Ruvic, BENG ONG, JP Morgan, Sin Beng Ong, RICHARD MCGUIRE, everybody's, you've, VIKRAM AGGARWAL, ” JUAN VALENZUELA, ARTEMIS, , ” NICK NELSON Organizations: REUTERS, OF, JPMORGAN, RABOBANK, LONDON, Federal Reserve, Global Finance, Markets, Thomson Locations: Treasuries, ASIA, SINGAPORE, Asia, U.S
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