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Search resuls for: "Poor China"


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People vote at the San Francisco City Hall voting center on the final day of early voting ahead of Election Day, on November 4, 2024 in San Francisco, California. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. U.S. markets mostly gain after electionsHistorically, stocks have mostly risen after a presidential election, though there can be some short-term volatility. The three major U.S. benchmarks on average have almost always clocked gains between Election Day and year-end, going back to 1980, according to CNBC data.
Persons: Stocks, Tesla Organizations: San Francisco City Hall, CNBC, Dow Jones, Nasdaq, China's CSI, Apple, Starbucks, Nike, Adidas, U.S, Conference Board Locations: San Francisco , California, U.S, Asia, Pacific, China, Poor China
The market is weaker, and you can't just blame China
  + stars: | 2023-08-15 | by ( Bob Pisani | ) www.cnbc.com   time to read: +2 min
You can blame the poor China data overnight for a good part of the drop. It's better to focus on the "pain trade." So, the "pain trade" would see strong economic data and a slow creep up in Treasury yields. Ten-year Treasury yields are up 4 basis points, sitting at their highest levels since November 2022. That fits perfectly with the "pain trade."
Persons: Steve Liesman Organizations: Federal Reserve Locations: China
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