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☆ Stock futures are flat after Dow closes at a fresh record: Live updates
▼ + stars: | 2024-09-23 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during morning trading on Sept. 23, 2024. U.S. stock futures were little changed Monday after the S&P 500 and Dow Jones Industrial Average posted new record closes. Futures tied to the 30-stock Dow slipped 38 points, or 0.09%. S&P 500 futures inched down 0.11%. Earlier in the day, the S&P 500 rose 0.28% and the Dow added 0.15%, resulting in closing records for both indexes.

Persons: Dow, Paul Hickey, There's, You've, Hickey, Quincy Krosby Organizations: New York Stock Exchange, Dow Jones, Nasdaq, Dow, Federal Reserve, Investment, LPL, Traders, Conference, Richmond Fed Locations: Quincy, mull

☆ Watch CNBC’s full interview with Allianz chief economic advisor Mohamed El-Erian
▼ + stars: | 2024-09-23 | 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 EmailWatch CNBC’s full interview with Allianz chief economic advisor Mohamed El-ErianMohamed El-Erian, Allianz chief economic advisor, joins ‘Closing Bell’ to discuss how the Fed is approaching economy, market response to its recent rate cut, and more.

Persons: Mohamed El, Erian Mohamed El, Bell Organizations: Allianz, Erian

☆ DA Davidson's Gil Luria explains his Microsoft downgrade
▼ + stars: | 2024-09-23 | 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 EmailDA Davidson's Gil Luria explains his Microsoft downgradeDA Davidson senior software analyst Gil Luria joins 'Closing Bell Overtime' to explain his downgrade of Microsoft.

Persons: DA Davidson's Gil Luria, Gil Luria Organizations: DA, Davidson, Microsoft

☆ The Apple iPhone can grow around 15% in fiscal 2025, says Deepwater's Gene Munster
▼ + stars: | 2024-09-23 | 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 EmailThe Apple iPhone can grow around 15% in fiscal 2025, says Deepwater's Gene MunsterGene Munster, Deepwater Asset Management managing partner, joins 'Squawk Box' to discuss the state of the tech sector ahead of the opening bell on Monday.

Persons: Deepwater's Gene Munster Gene Munster Organizations: Deepwater Asset Management

☆ Opening Bell: September 23, 2024
▼ + stars: | 2024-09-23 | 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 EmailOpening Bell: September 23, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from September 23, 2024.

Organizations: New York Stock Exchange, Nasdaq

☆ Stock market today: Indexes extend gains as investors gear up for fresh economic data
▼ + stars: | 2024-09-23 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Investors await key economic data this week, including consumer confidence, revised GDP growth, and the PCE Index. Minneapolis Fed President Neel Kashkari defended the recent rate cut and sees more cuts ahead. AdvertisementUS stocks rose on Monday, with the S&P 500 and Dow Jones Industrial Average testing record highs as investors prepare for fresh economic data this week. Investors will get consumer confidence data on Tuesday, another revision to second-quarter GDP growth on Thursday, and fresh inflation data on Friday with the release of the personal consumption expenditures index. The chatter comes just a few days after the Fed cut interest rates by 50 basis points at the end of its policy meeting last Wednesday.

Persons: Dow Jones, Neel Kashkari, —, Kashkari Organizations: Dow, Minneapolis, Service, Dow Jones, Federal, Governors, CNBC, Fed, Here's

☆ Stocks making the biggest moves premarket: Intel, Pinterest, Palantir and more
▼ + stars: | 2024-09-23 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

CNBC confirmed on Friday that Qualcomm had recently approached Intel about a takeover. Ciena – The networking software maker added more than 4% after a double upgrade by Citigroup to buy from sell cited an improving landscape in the broader telecommunications/cable industry. The bank sees bookings growth heading into next year. The bank sees an increasing relevance of the platform among users and expects strong revenue growth over the next few years. Palantir – The maker of software platforms to help companies analyze data declined more than 1%.

Persons: Ciena, Morgan Stanley, Palantir, Raymond James, Harlan Sur, —, Samantha Subin, Sarah Min, Pia Singh Organizations: Intel, Apollo Global Management, Bloomberg, CNBC, Qualcomm, Citigroup, Constellation Energy, Microsoft, Deutsche Bank, General Motors, Chevrolet, Micron Technology, JPMorgan Locations: Pennsylvania, The Boise , Idaho

☆ BlackRock's Rick Rieder: 'extraordinary' market move pricing in recession was too much
▼ + stars: | 2024-09-23 | 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 EmailBlackRock's Rick Rieder: 'extraordinary' market move pricing in recession was too muchRick Rieder, BlackRock CIO of global fixed income, joins CNBC's 'Closing Bell' to discuss his takeaway of how the market has reacted to the Fed's rate cuts, how far the Fed may go from here, and more.

Persons: Rick Rieder Organizations: BlackRock

☆ Dow and S&P 500 notch another record close
▼ + stars: | 2024-09-23 | 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 EmailDow and S&P 500 notch another record closePaul Hickey, Bespoke Investment Group co-founder, and Jim Paulsen, Paulsen Perspectives author, joins 'Closing Bell Overtime' to talk the day's record market action.

Persons: Paul Hickey, Jim Paulsen, Paulsen Organizations: Dow, Investment Group

☆ Daniel Dubois knocks out Anthony Joshua to claim shock victory and remain IBF world heavyweight champion
▼ + stars: | 2024-09-22 | by ( Jamie Barton | ) edition.cnn.com time to read: +3 min

CNN —A major upset saw Anthony Joshua miss out on the chance to become three-time world heavyweight champion on Saturday night, as he was knocked out by British rival Daniel Dubois in the fifth round. The favorite was saved by the bell, but went down again in the fourth round following another left hook from Dubois. The fifth saw Joshua begin what would have been an unlikely comeback as Dubois started to tire. Dubois celebrates after winning his fight against Joshua to retain his IBF heavyweight title. This is my time, this is my redemption story, and I’m not going to stop until I reach my full potential.”

Persons: Anthony Joshua, Daniel Dubois, Dubois, Joshua, Francis Ngannou, December’s Tyson Fury, Oleksandr Usyk, –, Eddie Hearn, ”, “, ” Joshua, Joshua’s, Andrew Couldridge, “ I’ve, ’ ”, I’m, I’ve Organizations: CNN, IBF, Wembley Locations: British, London, Dubois

☆ Election experts raise alarms about vote counting delays in battleground states
▼ + stars: | 2024-09-22 | by ( Fredreka Schouten | Sara Murray | ) edition.cnn.com time to read: +14 min

Election observers worry that delays in counting mail ballots could give the public a false sense of who’s winning the election. In Wisconsin and Pennsylvania, election officials are still barred from beginning to process mail ballots before 7 a.m. on Election Day – even though election workers in both states have clamored for change. Georgia's State Election Board members discuss proposals for election rule changes at the State Capitol in Atlanta on September 20, 2024. The new law could delay by an hour or more – depending on the county – the posting of unofficial early results, state election officials have said. In Maricopa County, the general election ballot covers both sides of two pages – twice the length of the ballot voters encountered four years ago.

Persons: CNN —, Seth Bluestein, Ann Jacobs, “, Al Schmidt, Donald Trump, Chris McGrath, Joe Biden, Donald Trump baselessly, Rudy Giuliani, Biden, Trump, ” Jacobs, parroting, Daniel Acker, ” Schmidt, ”, Jacobs, David Becker, Sen, Jeremy Moss, Moss, Mike Stewart, Harris, “ It’s, Karen Brinson Bell, I’ll, won’t, Robyn Beck, Stephen Richer, ” Richer, Katie Hobbs, Jennifer Liewer, Liewer, “ We’ve, ” CNN’s Ethan Cohen, Marshall Cohen, Jason Morris Organizations: CNN, Republican, Democratic, Keystone State, ” Police, Philadelphia Convention Center, White, Democratic Milwaukee, Biden, Wisconsin State Assembly, Trump, Reuters, ”, Workers, US, Department, Election Innovation, Research, National Conference of State Legislatures, Democratic Detroit, Capitol, Michigan Senate, State Capitol, North Carolina State Board, Getty, Republicans, Gov, Democrat Locations: Pennsylvania, Philadelphia, “, Wisconsin, Georgia, Keystone, Democratic, Kenosha , Wisconsin, Michigan, Detroit, Atlanta, North Carolina, Phoenix, AFP, Arizona, Maricopa County, Maricopa

☆ GM to begin laying off about 1,700 workers at Kansas plant, WARN notice shows
▼ + stars: | 2024-09-21 | by ( ) edition.cnn.com time to read: +1 min

Reuters —General Motors (GM) will begin laying off 1,695 workers at its Fairfax Assembly plant in Kansas, the company said in a Worker Adjustment and Retraining Notification (WARN) notice earlier this week. The first of two rounds of layoffs will begin Nov. 18 and will include the temporary layoff of 686 full-time workers and the termination of 250 temporary employees, Automotive News reported on Saturday citing a company filing to the state of Kansas. Starting Jan. 12, 759 full-time workers will be temporarily laid off, the report added. GM did not immediately respond to a Reuters request for comment on the details of the latest layoffs. The company had also said in August that it was laying off more than 1,000 salaried employees at its software and service units worldwide.

Persons: Surbhi Misra, Alistair Bell Organizations: Reuters, General Motors, Fairfax Assembly, Automotive, GM, Bolt Locations: Fairfax, Kansas, Bengaluru

☆ Trump Media closes at a new 52-week low, as Dow finishes week at record high
▼ + stars: | 2024-09-20 | by ( Josephine Rozzelle | Josie Rozzelle Is A Cnbc Digital Rotational Associate Covering Politics. | ) www.nbcnews.com time to read: +2 min

The closing price for DJT took extra time to pinpoint, as high trading volume resulted in delayed settling. The lockup agreement first took effect when Trump Media went public in March, following a merger with a blank-check firm called Digital World Acquisition Corp., or DWAC. Trump, whose 114,750,000 share stake in Trump Media was worth $1.5 billion at Friday’s close, said last week that he would not sell his shares when the restrictions lifted. Trump Media on Friday closed at its lowest closing level since debuting on the Nasdaq in March, closing the day at a price of $13.55 per share. ET, when the share price dropped to $13.50 — a level not seen since July 2023, when the stock was still DWAC.

Persons: “, Donald Trump, DJT, Trump, ”, Friday’s, —, Kevin Breuninger Organizations: Trump Media, U.S . Securities, Exchange Commission, Republican, Nasdaq, Trump Locations: California, Pennsylvania

☆ Joel Embiid signs 3-year, $192.9 million extension with Sixers, reports say
▼ + stars: | 2024-09-20 | by ( Noah Levick | Nbc Philadelphia | ) www.nbcnews.com time to read: +3 min

Superstar center Joel Embiid has signed a three-year, approximately $192.9 million extension with the team that runs through the 2028-29 season, ESPN’s Ramona Shelburne reported Friday morning. The seven-time All-Star is set to make approximately $51.4 million in the 2024-25 season and $55.2 million in 2025-26, according to Spotrac. The Sixers later officially announced that Embiid signed a “multi-year” extension. While he returned late in the regular season, Embiid had semi-regular injury scares and also dealt with Bell’s palsy during the playoffs. The Sixers will hope George can lessen the burden on Embiid and Maxey to create shots and summon late-game heroics.

Persons: Joel Embiid, Ramona Shelburne, Shams, Embiid, ” Embiid, they’ve, Josh Harris, David Blitzer, Nick Nurse, “, Paul George, Tyrese Maxey, George, Maxey, USA’s Organizations: Sixers, NBA, Spurs, Knicks, Paris Locations: Cameroon, Philadelphia, Bahamas

☆ Trailblazing Black trans singer Jackie Shane finally gets her due in Tennessee
▼ + stars: | 2024-09-20 | by ( Dan Allen | ) www.nbcnews.com time to read: +9 min

Hers is the most unconventional of success stories, but Jackie Shane wouldn’t have had it any other way. The memorial is especially significant for its setting in the capital of Tennessee, where trans rights have recently been targeted. A gifted young Nashville soul singer who saw too few opportunities for herself as a Black trans performer in the Jim Crow South of the late 1950s, Shane joined a traveling carnival. Jefferson Street in North Nashville on March 19. Flash forward to the 2010s, when a series of Canadian music connoisseurs rediscovered Shane and resurrected her career in absentia.

Persons: Jackie Shane wouldn’t, ”, Sarah Calise, Crys Matthews, Nashville Mayor Freddie O’Connell, Olivia Hill, ” Calise, Jackie Shane, Jim Crow, Shane, Seth Herald, William Bell’s “, “ Jackie, Lorenzo Washington, “, ” Shane, Jackie Shane Story, Michael Mabbott, Lucah Rosenberg, Lee, Elliot Page, ” Mabbott, could’ve, Mabbott, Jeff Goode, Jackie, Jason Kempin, ’, Museum Services Michael Gray, Washington, ’ ” Organizations: Nashville, Historical Commission, Nashville Mayor, NBC News, Getty, Jefferson Street Sound Museum, North Nashville . Washington, Toronto, Toronto Star, North Star, PageBoy Productions, Country Music Hall of Fame, Music Hall of Fame, Music, Museum Services, NBC Locations: Tennessee, city’s, Jefferson, North Nashville, Nashville, Black, AFP, Canada, Toronto, Los Angeles, North Nashville .

☆ Fed's rate cut may spark a 'melt-up,' says president of Yardeni Research
▼ + stars: | 2024-09-20 | 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 EmailFed's rate cut may spark a 'melt-up,' says president of Yardeni ResearchEdward Yardeni, president of Yardeni Research, joins ‘Closing Bell’ to discuss warning signs of a melt-up, the markets' response to Wednesday's rate cut, and more.

Persons: Edward Yardeni, Bell Organizations: Yardeni

CNN —Suspicious packages were sent this week to election offices in more than 20 states, leading to an FBI investigation, triggering evacuations and rattling staff, according to a CNN survey of state offices and Associated Press reporting. Karen Brinson Bell, the executive director of the North Carolina State Board of Elections, told CNN that that the battleground state was also targeted this week. Officials in Kansas and New York said in statements and interviews that, after the letters were noticed, they evacuated their offices. Postal Inspection Service are investigating a series of suspicious mailings sent to election officials in several states,” the FBI said in a statement. A source involved with a group that coordinates with election officials across the country told CNN the 2023 incident led many of these offices to step up precautions and safety measures, so they were better protected this time around.

Persons: Brad Raffensperger, “ We’re, ” Raffensperger, Karen Brinson Bell, Bell, ” Bell, “, ” David Becker, ” Becker, Democrats ”, ” Organizations: CNN, Associated Press, US Postal Service, North Carolina State Board, Election Innovation, Research, Democrats, FBI, U.S . Postal, Service Locations: Alaska , Arizona , California , Colorado , Connecticut, Georgia, Indiana , Iowa , Kansas , Kentucky , Massachusetts , Mississippi , Missouri , Nebraska , New York, North Carolina , Ohio , Oklahoma, Rhode Island , Tennessee, Wyoming, Fulton County, Kentucky, Kansas, New York, Oklahoma, Takoma Park , Maryland

☆ Watch CNBC's full interview with Solus' Dan Greenhaus
▼ + stars: | 2024-09-20 | 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 EmailWatch CNBC's full interview with Solus' Dan GreenhausDan Greenhaus, Solus Alternative Asset Management chief strategist and economist, joins CNBC's 'Closing Bell' to discuss the Fed's rate cut decision, market outlooks, and more.

Persons: Solus, Dan Greenhaus Dan Greenhaus Organizations: Asset Management

☆ Goldman Sachs' Naison-Tarajano: Rate cut was 'a bit of a hedge' for the economy
▼ + stars: | 2024-09-20 | 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 EmailGoldman Sachs' Naison-Tarajano: Rate cut was 'a bit of a hedge' for the economySara Naison-Tarajano, Goldman Sachs Private Wealth global head of capital markets, joins CNBC's 'Closing Bell' to discuss reactions to the Fed's rate cut decision, market outlooks, and more.

Persons: Goldman Sachs, Sara Naison, Goldman Organizations: Wealth Locations: Goldman Sachs

☆ Watch CNBC's full interview with Marci McGregor & Brian Levitt
▼ + stars: | 2024-09-20 | 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 EmailWatch CNBC's full interview with Marci McGregor & Brian LevittMarci McGregor, Merrill & Bank of America Private Bank head of CIO portfolio strategy, and Brian Levitt, Invesco global market strategist, join CNBC's 'Closing Bell' to discuss reactions to the Fed's decision to cut rates by 50 basis-points, market outlooks, and more.

Persons: Marci McGregor, Brian Levitt Marci McGregor, Brian Levitt, CNBC's Organizations: Merrill & Bank of America Private Bank

☆ Intel shares climb after reports Qualcomm approached Intel about a takeover
▼ + stars: | 2024-09-20 | 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 EmailIntel shares climb after reports Qualcomm approached Intel about a takeoverPatrick Moorhead, Moor Insights & Strategy CEO, joins 'Closing Bell Overtime' to talk recent reports that Qualcomm approached Intel about a takeover.

Persons: Patrick Moorhead Organizations: Intel, Qualcomm, Moor

☆ Watch CNBC's full interview with iPhone co-inventor Tony Fadell
▼ + stars: | 2024-09-20 | 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 EmailWatch CNBC's full interview with iPhone co-inventor Tony FadellTony Fadell, Fmr. Apple Executive, joins 'Closing Bell Overtime' to talk the release of the iPhone 16, the state of AI, and more.

Persons: Tony Fadell Tony Fadell Organizations: iPhone, Apple Executive

☆ Dow notches another record close
▼ + stars: | 2024-09-20 | 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 EmailDow notches another record closeracie McMillion, Wells Fargo Investment Institute head of global asset allocation strategy, and Kevin Gordon, Charles Schwab senior investment strategist, join 'Closing Bell Overtime' to talk the day's record market action.

Persons: Kevin Gordon, Charles Schwab Organizations: Wells Fargo Investment Institute Locations: McMillion, Wells Fargo

☆ Solus' Greenhaus: Rate cut was less about economy than getting back to 'where real rates should be'
▼ + stars: | 2024-09-20 | 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 EmailSolus' Greenhaus: Rate cut was less about economy than getting back to 'where real rates should be'Dan Greenhaus, Solus Alternative Asset Management chief strategist and economist, joins CNBC's 'Closing Bell' to discuss the Fed's rate cut decision, market outlooks, and more.

Persons: Dan Greenhaus Organizations: Asset Management

☆ Watch CNBC's full interview with Goldman Sachs' Sara Naison-Tarajano
▼ + stars: | 2024-09-20 | 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 EmailWatch CNBC's full interview with Goldman Sachs' Sara Naison-TarajanoSara Naison-Tarajano, Goldman Sachs Private Wealth global head of capital markets, joins CNBC's 'Closing Bell' to discuss reactions to the Fed's rate cut decision, market outlooks, and more.

Persons: Goldman Sachs, Sara Naison, Goldman Organizations: Wealth Locations: Goldman Sachs

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