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☆ Democratic governors quietly prep extensive plans to counter Trump
▼ + stars: | 2024-12-11 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

Since long before the election, they’ve been poring through Project 2025 — it’s helpful, several Democratic governors told CNN, to have a blueprint in public. Laura Kelly, the chair of the Democratic Governors Association. Plans for Trump underway for monthsMany Democratic governors had been working on plans well before even President Joe Biden dropped out of the presidential race and Vice President Kamala Harris became their party nominee. They’re coming to this weathered with the experience from the first Trump term. Michigan Gov.

Persons: Donald Trump’s, they’ve, They’ve, ”, Laura Kelly, JB Pritzker, postelection, Jared Polis, Pritzker, Joe Biden, Kamala Harris, they’re, Trump, Emmanuel Macron’s, hasn’t, Gretchen Whitmer, Mike Pence, weren’t, Rebecca Wright, Whitmer, Donald Trump, ” Whitmer, I’ve, we’ll, Tim Walz, Harris ’, “, Kathy Hochul, ” Hochul, Matt Meyer, Beverly Hilton, Richard Nixon, Nixon, ” — Walz, he’d, Martin O’Malley, Austin Steele, Gavin Newsom, Andy Beshear, Josh Shapiro, Wes Moore, Jay Inslee, Trump’s, —, Lindsey Wasson, Inslee, Bob Ferguson, ’, ” Inslee Organizations: Los Angeles CNN —, Democratic, CNN, Trump, White House, National Guard, showdowns, Kansas Gov, Democratic Governors Association, Illinois Gov, Colorado Gov, Senate, White, Notre Dame, Mar, Michigan Gov, Convention, United Center, Michigan, Biden, Gov, Penn, New Yorker, Delaware Gov, Beverly, Golden Globes, Former Maryland Gov, Democratic National Committee, Minnesota Gov, Howard University, Kentucky Gov, Maryland Gov, Democratic Party, Washington Gov Locations: Kansas, Indiana, Illinois, Covid, Michigan, Chicago, Los Angeles, —, Minnesota, York, New, Delaware, Washington ,, California, Polis , Pennsylvania, Seattle, Washington, Pearl

Donald Trump details his plans for Day 1 of his presidency. Trump said pardons for Jan. 6 rioters will happen on day one, arguing many have endured overly harsh treatment in prison. Read more from the exclusive interview with Trump here. The federal lawsuit was originally filed in October in the Southern District of New York, listing Combs as a defendant. 🏈 Josh Allen had one of the greatest games in NFL history and still lost.

Persons: Donald Trump, Kristen Welker, Trump’s, Welker, Trump, Jan, ”, ” Trump, Joe Biden, Read, Assad, “ It’s, Bashar al, Jay, Sean ‘ Diddy ’ Combs Hannah Mckay, Shawn Carter, Sean “ Diddy ” Combs, Combs, Carter, Tony Buzbee, Buzbee, Josh Allen, Sam Darnold, Ed Zurga, Greg Rosenstein, 👑, 🤘, Jo, Tam, ove, bui, lea, Ann i e Hil Organizations: Trump, NBC, Press, ”, Syrian, Reuters, MTV, of, Chiefs, Kansas City Chiefs, NFL, AFC West, Los Angeles Chargers, NBC News Locations: Syria, Manhattan, Damascus, Russia, Moscow, Southern, of New York, Texas

Celebrations broke out across Syria over the weekend, with statues depicting his father and predecessor, Hafez al-Assad, pulled down from their pedestals. “I’m not looking to go back into the past,” Trump said when asked he was whether he would go after outgoing President Joe Biden. Foreign dignitaries in attendance included President-elect Donald Trump, first lady Jill Biden, Prince William and Ukrainian President Volodymyr Zelenskyy. South Korean president’s impeachment failsAn image of South Korean President Yoon Suk Yeol is raised at a rally in Seoul calling for his ouster on Dec. 5. End of an Era(s)Tears will be ricocheting as Taylor Swift's record-shattering world tour draws to a close Sunday night with a final stop in Vancouver, British Columbia.

Persons: Assad, Bashar al, Hafez al, Hassan Abdul, Ghani, Joe Biden, Trump, Donald Trump, Kristen Welker, ” Trump, Pam Bondi, Jack Smith, “, Biden, Kash Patel, ’, Trump’s, Jay, Sean Combs Jay, Bauer, Griffin, Shawn Carter, Sean “ Diddy ” Combs, Jane Doe, ”, Combs, Carter, ” Carter, Brian Thompson, Notre Dame, Jill Biden, Prince William, Volodymyr Zelenskyy, Emmanuel Macron, Yoon Suk, Anthony Wallace, Yoon, ” Yoon, Taylor Organizations: U.S, United Nations, Capitol, NBC, Press, Justice Department, Trump, Lone Star, FBI, MTV, of, NBC News, New York police, NYPD, Notre, Notre Dame, Zelenskyy, Getty, South, Federal Locations: Damascus, Moscow, Syria, Hayat Tahrir, Al Qaeda, Free Syria, Texas, Los Angeles, Southern, of New York, Notre, Massachusetts, Seoul, AFP, Vancouver , British Columbia

☆ Analysis: Trump lays out 100-day plan in interview
▼ + stars: | 2024-12-09 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +21 min

Here are key lines from NBC’s interview, along with some context:What will Trump accomplish in his first 100 days? It’s not entirely clear what Trump meant by arguing in the NBC interview that the US is subsidizing Canada and Mexico. I don’t say you use them like a madman. Trump would not definitely say he’ll fire FBI Director Christopher WrayWell, I can’t say I’m thrilled with him. I think that they’ll have to look at that, but I’m not going to — I’m going to focus on drill, baby, drill.

Persons: CNN — Donald Trump, Kristen Welker, NBC’s, ”, Trump, we’re, Pete Hegseth —, Hegseth, Biden, Justin Trudeau, Claudia Sheinbaum, “, It’s, he’s, ” Trump, Trump’s, Welker, ‘, we’ve, ’, hasn’t, I’ve, Will, we’ll, Kash Patel, Joe Biden, I’m, Pam Bondi, She’s —, Liz Cheney, Christopher Wray Well, Patel, Wray, Kash, He’s, Cheney, Bennie Thompson, Robert F, Kennedy Jr, Jeff Bezos, Mark Zuckerberg, Vladimir Putin, Volodymyr Zelensky, I’ll, don’t, ’ Trump, Melania, it’s, MAGA Organizations: CNN, Press, Department, Trump, Department of Justice, NBC, Democratic, Fox News, Canadian, Wall Street, US International Trade Commission, Dreamers, Affordable, FBI, National Archives, Republican, Health, Human Services, RFK Jr, Elon, Social Security Locations: America, Trump, Mexico, Canada, China, Taiwan, Whirlpool, Ohio, Alaska, Missouri, Florida, Trump’s Florida, New Jersey, Ukraine, Europe, Russia, Russian

☆ Elon Musk just keeps getting richer, with his net worth rising almost $150 billion this year
▼ + stars: | 2024-12-09 | by ( Theron Mohamed | Lloyd Lee | ) www.businessinsider.com time to read: +2 min

Elon Musk's net worth keeps rising on the back of Tesla's stock surge since the election. Tesla stock closed on Friday at just over $389, pushing the EV maker's valuation to a new high. AdvertisementElon Musk just keeps getting richer following the postelection rally for Tesla stock. Musk is now worth $376 billion — $130 billion ahead of Amazon founder Jeff Bezos, who's worth $246 billion. His $376 billion net worth is about $30 billion higher than the market cap of Salesforce, valued at $346 billion — or $27 billion more than the combined wealth of Walmart heirs Jim, Rob and Alice Walton.

Persons: Elon, Jeff Bezos, Donald Trump's, Mark Malek, Trump, Tesla, Austin, BofA, Warren Buffett's, Berkshire Hathaway, Musk, Rob, Alice Walton . Organizations: SpaceX, Bloomberg, Amazon, Dow, Marketwatch, PAC, Bank of America, Optimus, Tesla Locations: Dow Jones, Berkshire, Delaware

In an interview with Kristen Welker, moderator of NBC News’ “Meet the Press,” Trump also said he’ll work to extend the tax cuts passed in his first term. Trump said he would fulfill a campaign promise to levy tariffs on imports from America’s biggest trading partners. “Well, I don’t know that you’ll see it at all,” Trump said, adding that health care experts are studying possible alternatives. Foreign policyLater Friday after the interview, Trump flew to Paris for a ceremony marking the reopening of the Notre Dame Cathedral, which had been devastated by a fire. On another foreign policy front, Trump expressed doubt that Syrian President Bashar al-Assad will be able to remain in power.

Persons: Donald Trump, Kristen Welker, ” Trump, Jan, ”, Trump’s, Trump, Welker, “, Elon Musk, Vivek Ramaswamy, “ I’m, ” He’s, Jeff Bezos, ’ Trump, Joe Biden, Adam Schiff, he’s, Biden, Pam Bondi, Kash Patel, Jack Smith, I’m, Jerome Powell, won’t, Ivanka Trump, Jared Kushner, “ I’ll, Melania Trump, flinch, ” It’s, we’ve, who’ve, “ We’re, Kamala Harris, Barack Obama, It’s, Obamacare, Emmanuel Macron, Volodymyr Zelenskyy, Zelenskyy, Bashar al, Assad, hasn’t, ‘, ” Welker, MAGA Organizations: U.S . Capitol, NBC, Press, Trump, Social Security, Amazon, The Washington Post, White, FBI, Justice Department, Truth, Federal, West Wing, Democrats, Notre Dame Cathedral, “, NATO Locations: Manhattan, California, U.S, Paris, “, Russia, Ukraine

President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026. “The chairman of the Federal Reserve, Jerome Powell, said he will not leave his post even if you ask him to. Will you try to replace Jerome Powell?” Welker asked during the interview at Trump Tower in New York City. But if I told him to, he would.”Welker followed up, “You don’t have plans to do that right now?”“No, I don’t,” Trump said. The relationship between Trump and Powell will be closely watched as Trump returns to office.

Persons: Donald Trump, Jerome Powell, Kristen Welker, Trump, “, ”, Will, ” Welker, ” Trump, Powell, Trump’s, Joe Biden, ” Powell Organizations: Federal, “, Press, Federal Reserve, Trump, Republican, Governors, System, Fed, Bloomberg News, Economic, of Chicago Locations: New York City, “, Powell

☆ Donald Trump says he won't try to remove Fed chief Jerome Powell
▼ + stars: | 2024-12-08 | by ( Katherine Doyle | ) www.cnbc.com time to read: +2 min

President-elect Donald Trump said he will not try to replace Federal Reserve Chair Jerome Powell, whose term runs through May 2026. "The chairman of the Federal Reserve, Jerome Powell, said he will not leave his post even if you ask him to. Will you try to replace Jerome Powell?" "No, I don't," Trump said. The relationship between Trump and Powell will be closely watched as Trump returns to office.

Persons: Jerome Powell, Donald Trump, Kristen Welker, Trump, Will, Welker, Powell, Trump's, Joe Biden Organizations: Federal, Committee, Federal Reserve, Trump, Republican, Governors, System, Bloomberg News, Economic, of Chicago Locations: Washington , U.S, New York City, Powell

☆ Kamala Harris' campaign has $1.8 million left in the bank after spending over $1 billion to defeat Donald Trump
▼ + stars: | 2024-12-07 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

The Harris campaign has $1.8 million cash after spending over $1 billion in the 2024 race. Throughout her campaign, Harris raised more than $1 billion, a stunning figure that mirrored the quick rise of her campaign. New federal filings show that the Harris campaign had $1.8 million remaining in the bank after spending over $1 billion against Trump in the presidential race. The Trump campaign raked in nearly $87 million during that same period and spent $113 million, the president-elect's campaign filings indicated. AdvertisementBusiness Insider reached out to the Harris campaign for comment.

Persons: Harris, Donald Trump, Joe Biden, Kamala Harris, Trump, Biden Organizations: Democratic, Trump, FEC, New York Times, Republican National Committee Locations: Georgia, Pennsylvania

☆ Fundstrat's Tom Lee thinks the bitcoin rally above $100,000 is a bullish signal for stocks
▼ + stars: | 2024-12-05 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Bitcoin's rally to new heights signals even more momentum for a stock market that's also at all-time highs, according to Fundstrat's Tom Lee. "I don't think $100,000 is the ceiling." He told CNBC he was confident that the digital currency would top $100,000 before year-end. Last month, he called for a year-end stock market rally fueled by investor de-risking and "animal spirits" driving postelection gains, largely on hopes of greater deregulation. He's also said that small-cap stocks could get a boost from Federal Reserve interest rate cuts and Trump's business-friendly stances.

Persons: Tom Lee, Lee, CNBC's, Donald Trump's, Paul Atkins, He's, Scott Mlyn Organizations: CNBC, Trump, Wednesday, Securities and Exchange Commission, Federal, Fundstrat Global Locations: Bitcoin

☆ We're raising our price target on 2 winning stocks that have tailwinds in the new year
▼ + stars: | 2024-12-02 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Bank price targets: We're updating our price targets on our two bank stocks after they wrapped up a big November. With these tailwinds ahead, we are increasing our Wells Fargo price target to $80 a share from $66 and Morgan Stanley to $140 a share from $130. 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 . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, —, Trump, Wells, Morgan Stanley, Wells Fargo, Zscaler, It's, Jim Cramer's, Jim Organizations: CNBC, ., Dow Jones Industrial, Microsoft, Bank, Labor, Treasury, Traders, Jim Cramer's Charitable Locations: Wells, Wells Fargo, pullbacks

☆ European markets expected to start December trading in flat to lower territory
▼ + stars: | 2024-12-02 | by ( Holly Ellyatt | ) www.cnbc.com time to read: +1 min

European markets are expected to kickstart the final month of trading this year in flat to lower territory Monday. The U.K.'s FTSE 100 index is expected to open 2 points lower at 8,285, Germany's DAX down 19 points at 19,606, France's CAC down 41 points at 7,188 and Italy's FTSE MIB down 167 points at 33,275, according to data from IG. Data releases include European manufacturing purchasing manager's index figures and Italian gross domestic product. Over the weekend, China released its official purchasing managers' index reading for November, which came in at the highest level since April. On Monday, speeches are due from Federal Reserve Governor Christopher Waller and New York Fed President John Williams.

Persons: Germany's DAX, Donald Trump's, Christopher Waller, John Williams Organizations: France's CAC, IG, U.S, Federal Reserve, New York Fed Locations: Asia, Pacific, China

☆ Don’t expect small caps to hold their postelection gain. Look at these other Trump trades instead
▼ + stars: | 2024-12-01 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Small caps have been one of the hottest corners of the markets in the wake of President-elect Donald Trump's election victory four weeks ago. "Small caps right now are a trade, not a fundamental move," Krei added. Krei is also more optimistic on financials, another group that, like small caps, has outperformed following Trump's election. The Financial Select Sector SPDR Fund ETF (XLF) surged 10.5% in November, bringing its 2024 advance to 38% in 2024. The Energy Select Sector ETF (XLE) has risen 16.7% year to date, underperforming the broader market, but jumped 7.8% in November alone.

Persons: Donald Trump's, Andrew Krei, Krei, Russell, Lauren Goodwin, Goodwin, We're, — CNBC's Michael Bloom Organizations: Trump, Crescent Grove Advisors, CNBC, New York Life Investments, SPDR Fund, Sector Locations: New York

☆ Stock futures are little changed after Dow and S&P 500 notch best months of the year: Live updates
▼ + stars: | 2024-12-01 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2024. Stock futures are little changed Sunday night as investors looked toward the final month of trading this year. Futures tied to the Dow Jones Industrial Average slipped 47 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures ticked down 0.1% and 0.2%, respectively. Indeed, November marked the best month of 2024 for both the Dow and S&P 500.

Persons: Donald Trump, Russell, They'll, Christopher Waller, John Williams Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Dow, Federal Reserve, New York Fed Locations: New York City, U.S

☆ Stocks making the biggest moves premarket: MicroStrategy, Applied Materials, Robinhood and more
▼ + stars: | 2024-11-29 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

The stock has seen massive gains this year, surging more than 515%. Chip equipment stocks — Shares of chip equipment stocks moved higher on a report that the Biden administration is considering more restrictions on sales of semiconductor equipment and artificial intelligence memory chips to China that may be less strict than expected. Walmart , the country's largest retailer, rose more than 0.2%, while shares of Target and Costco , advanced 0.6% and 0.3%, respectively. Robinhood — The brokerage firm climbed 3% premarket, continuing a postelection rally, after the U.S. Securities and Exchange Commission approved the creation of a 24-hour stock exchange by startup 24 Exchange, paving the way for round-the-clock trading. Zeta Global Holdings — The marketing software company rose 5% after its CEO said Wednesday on CNBC's "Closing Bell" that a recent short seller's report was "erroneous."

Persons: Biden, Robinhood, —, Jesse Pound, Yun Li Organizations: Lam Research, KLA Corporation, ASML, Bloomberg, Walmart, Target, Costco, U.S . Securities, Exchange Commission, Trump, Zeta Global Holdings Locations: China

☆ Dow jumps nearly 200 points to record in short session, S&P 500 posts best month of 2024: Live updates
▼ + stars: | 2024-11-29 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

The Dow Jones Industrial Average and S&P 500 rose to new heights on Friday amid a shortened trading day that capped a strong month for equities. The S&P 500 added 0.56% to 6,032.38, while the Nasdaq Composite jumped 0.83% to 19,218.17.The Dow climbed 188.59 points, or 0.42%, to end at 44,910.65. Both the Dow and S&P 500 notched new intraday and closing highs. About three out of every five S&P 500 members finished the session in the green. With those gains, the Dow and S&P 500 notched their best months of 2024.

Persons: Dow, Biden, Donald Trump's Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, Bloomberg, Lam Research, Nvidia, iShares Semiconductor Locations: China

☆ A key U.S. inflation report looms over Wall Street. How to trade it
▼ + stars: | 2024-11-26 | by ( Frank Holland | In Frank-Holland | ) www.cnbc.com time to read: +4 min

The October personal consumption expenditures price index report has many investors wondering how it may impact the postelection market rally. "It definitely threatens the dynamic of the market broadening because it jeopardizes the speed at which the Fed drops interest rates," Lee told CNBC. "Right now, the markets are pricing out interest rates one by one. Bill Baruch, president of Blue Line Futures, sees opportunities in the currency and bond markets if core PCE rate reaches 3%. "This PCE report and the expectation for a December cut are going to create quite a bit of volatility in fixed income," Ethridge told CNBC.

Persons: Dow Jones, William Lee, Lee, Jimmy Lee, Victoria Greene, Greene, Bill Baruch, Baruch, Malcolm Ethridge, Ethridge, Goldman Sachs, Russell Organizations: Core PCE, Milken Institute, CNBC, Traders, Wealth Consulting, Nvidia, Meta, Microsoft, Wealth, Blue, Capital Area Planning, U.S . Bancorp Locations: financials

☆ Dow jumps 400 points to new record close, Russell 2000 hits all-time high as investors cheer Trump's Treasury pick
▼ + stars: | 2024-11-25 | by ( Alex Harring | Hakyung Kim | ) www.nbcnews.com time to read: +3 min

A broad stock rally pushed the Dow Jones Industrial Average, S&P 500 and small-cap focused Russell 2000 index to new records on Monday. Investors bet President-elect Donald Trump’s choice for Treasury secretary, Scott Bessent, would help guide the economy without sparking inflation. The broad S&P 500 gained 0.3% to end at 5,987.37. Both hit new all-time highs in the session, while the Dow also notched a fresh record close. More than 3 out of every 4 S&P 500 stocks traded higher in the session.

Persons: Russell, Donald Trump’s, Scott Bessent, Trump’s, ” Bessent, Trump, Quincy Krosby, ” Krosby Organizations: Dow Jones, Dow, Nasdaq, Key Square Group, CNBC, Treasury, U.S, LPL, Nvidia, Netflix, Federal Locations: Quincy, U.S

☆ Pro Talks: Dan Clifton on when politics should play a role in investment decisions
▼ + stars: | 2024-11-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Dan Clifton on when politics should play a role in investment decisionsCNBC's Dominic Chu speaks with Dan Clifton, partner and head of policy research for Strategas Securities, to look beyond the postelection rally and find out which businesses could get a boost in Trump's next term. Plus, he takes stock-specific questions from Pro subscribers.

Persons: Dan Clifton, CNBC's Dominic Chu Organizations: Strategas Securities Locations: Trump's

☆ Pro Talks: Top Washington analyst Dan Clifton on which stocks could be turbocharged by Trump
▼ + stars: | 2024-11-25 | by ( Fred Imbert | Jordan Smith | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Top Washington analyst Dan Clifton on which stocks could be turbocharged by TrumpCNBC's Dominic Chu speaks with Dan Clifton, partner and head of policy research for Strategas, to look beyond the postelection rally and find out which businesses could get a boost in Trump's next term. Plus, he takes stock-specific questions from Pro subscribers.

Persons: Dan Clifton, Dominic Chu Organizations: Trump Locations: Washington, Trump's

☆ RBC sees the S&P 500 rising to 6,600 in 2025, but expects a 5%-10% correction near term
▼ + stars: | 2024-11-25 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

The S & P 500's rise to fresh heights in the new year will not be in a straight line, according to RBC Capital Markets. Strategist Lori Calvasina issued a year-end 2025 target for the broad market index of 6,600. The S & P 500 has rallied 3.2% since Donald Trump secured a second presidential term, raising expectations of lower taxes and deregulation. To be sure, Calvasina thinks there will be 5%-10% correction in the near term before equities resume their march to all-time highs. Last week, Goldman Sachs set a 6,500 target for the S & P 500, while BMO issued a forecast for the benchmark index to surge all the way to 6,700 .

Persons: Lori Calvasina, Donald Trump, Calvasina, Goldman Sachs, Bernstein Organizations: RBC Capital Markets, Health, BMO Locations: Friday's, Bitcoin

CNN —Special counsel Jack Smith is dropping the federal election subversion and the mishandling of classified documents cases against President-elect Donald Trump, seeking the cases’ dismissal in court filings Monday. Trump has said he would fire Smith once he retook the office, shattering previous norms around special counsel investigations. In the election case Trump faced in Washington, DC, Smith charged the former president over his efforts to overturn his 2020 election loss, a plot that culminated in the January 6, 2021, Capitol attack. “The Government’s position on the merits of the defendant’s prosecution has not changed,” Smith said in the filing. In the documents case brought in Florida, Trump was indicted for allegedly taking classified national defense documents from the White House after he left office and resisting the government’s attempts to retrieve the materials.

Persons: Jack Smith, Donald Trump, Trump, Smith, ” Smith, Tanya Chutkan, ”, Chutkan, Steven Cheung, ” “, ” Cheung, Aileen Cannon’s, Walt Nauta, Carlos de Oliveira, “, Stormy Daniels Organizations: CNN, US, White House, Supreme, Capitol, White, Trump, American People, Appeals, US Justice Department, DOJ Locations: Washington ,, Washington , DC, Florida, Trump's, Lago, Georgia, New York, Peach State

☆ Stocks making the biggest moves premarket: Robinhoood, Bath & Body Works, MicroStrategy, Macy's and more
▼ + stars: | 2024-11-25 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Bath & Body Works — Shares popped 16% after third-quarter earnings edged out Wall Street forecasts. Robinhood — Shares of the brokerage firm rose more than 7% after Morgan Stanley upgraded the stock to overweight from equal weight. Macy's — Shares of the retailer fell 3% after Macy's said it was delaying its official third-quarter results due to discovering that an employee had intentionally made incorrect accounting entries to hide delivery expenses. Abercrombie & Fitch — Shares rose 3% ahead of its third-quarter earnings expected Tuesday before the bell. Arm Holdings — Shares rose more than 1% after UBS initiated coverage of the chipmaker with a buy rating, citing upside from artificial intelligence demand.

Persons: LSEG, Morgan Stanley, Macy's, Oppenheimer, Bernstein, Sally Beauty, Cowen, Oliver Chen, —, Jesse Pound, Alex Harring, Michelle Fox, Samantha Subin, Pia Singh Organizations: Abercrombie, Fitch, FactSet, —, Sally Beauty Holdings, Santander —, UBS Locations: Hollister

☆ Stock futures rise Sunday ahead of shortened trading week: Live updates
▼ + stars: | 2024-11-24 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange on Nov. 22, 2024 in New York City. U.S. stock futures climbed Sunday night as Wall Street kicked off a shortened Thanksgiving trading week. Despite this week's shortened trading week, the interest rate outlook is back in focus with the release of October's personal consumption expenditure (PCE) price index, the Federal Reserve's preferred inflation measure. On the corporate earnings front, several retailers and tech names are slated to release quarterly results during the week. On Tuesday, retailers Macy's, Nordstrom and Best Buy are reporting results, as well as tech companies CrowdStrike and Dell Technologies.

Persons: Russell, Donald Trump, Scott Bessent, Trump, Bessent, Phillip Colmar, Nordstrom Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, Key Square, Treasury, MRB Partners, President, Federal, Dell Technologies Locations: New York City . U.S

☆ Hiring is already picking up again postelection, recruiters say
▼ + stars: | 2024-11-21 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

As any recent job-seeker can tell you, hiring has been sluggish for the better part of the year. But good news could be on its way: After many organizations seemed to pause their hiring efforts ahead of the U.S. presidential election, recruiters say they're already seeing an upswing of activity that could extend into the new year. "Now that there is a clear president-elect, we saw the hiring market, especially for the executive-level candidates, open up almost immediately," Boggs tells CNBC Make It. In the week after the election, four of her clients signed offers for new jobs. Job-seeking clients are also seeing an uptick in new roles being posted online, recruiter reach-outs and interviewing activity, she adds.

Persons: Debra Boggs, Donald Trump, Kamala Harris, Boggs Organizations: U.S, Management, CNBC

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