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An electronic board shows stock indexes at the Lujiazui financial district in Shanghai, China, March 21, 2023. REUTERS/Aly Song/File Photo Acquire Licensing RightsNov 7 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. This is their best run in a year, powered by easing financial conditions in the form of lower U.S. bond yields and a weaker dollar, and renewed faith in the U.S. economic 'soft landing' scenario. Having under-performed global and developed market benchmarks last week, Asian stocks could be set to outperform this week. Skeptical foreign investors will need more than one month of slowing imports and exports decline though.

Persons: Aly, Jamie McGeever, Goldman Sachs, Deepa Babington Organizations: REUTERS, Bank of Korea, Thomson, Reuters Locations: Shanghai, China, U.S, India, Asia, Taiwan, Philippines, Indonesia, Japan, Australia

☆ Ray Dalio once interrogated his pregnant protégé in front of his top execs until she cried
▼ + stars: | 2023-11-06 | by ( Rob Copeland | ) www.businessinsider.com time to read: +11 min

She was one of Ray Dalio's favorites. Dalio announced to the room that he would first "probe" and then deliver what he called a "diagnosis." The Fund: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend by Rob Copeland. Excerpted from THE FUND: Ray Dalio, Bridgewater Associates, and the Unraveling of a Wall Street Legend by Rob Copeland. He then became an investigative reporter at a prominent newspaper and made a career of writing distorted stories about Bridgewater and Ray Dalio, at first in articles and now in this book.

Persons: Ray Dalio's, Katina Stefanova, mentee, Dalio, Stefanova, wasn't, lackeys, Bridgewater, hadn't, Who, Dalio's leveragers, Ray Dalio, Rob Copeland, Ray, Dustin Hoffman's Oscar Organizations: Bridgewater Associates, Bridgewater, Transparency, Martin's, Martin's Publishing, New York Times, Wall Street Journal Locations: Bridgewater, Bridgewater's Westport, Conn, St

☆ How our stocks fared in the past 10 Novembers, the strongest month for the market
▼ + stars: | 2023-11-02 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +7 min

April is the S & P 500's second-best month, with an average gain of 1.5%. Club stocks in November Following up on Wednesday's screen of October outperformers , we analyzed our portfolio using FactSet data to see how it fared recently during the historically strongest month of November. All but two of our stocks — Salesforce (CRM) and Coterra Energy (CTRA) — have had a positive average November performance since 2013. The only monthly decline came in November 2021, when the S & P 500 fell 0.83%. Coterra and Salesforce are the worst-performing Club stocks over the past 10 Novembers.

Persons: Jim Cramer, Jim, —, it's, Locker, Morgan Stanley, PANW, It's, Salesforce, doesn't, Jerome Powell's, Powell, Jim Cramer's, Victor J Organizations: Wall Street, Federal Reserve, Dow Jones, Nasdaq, Stock Traders, Coterra Energy, Nvidia, FL, Palo Alto Networks, Starbucks, Palo, GE Healthcare, steadiest Club, Costco Wholesale, Costco, Jim Cramer's Charitable, CNBC, Visitors, New York Stock Exchange, Blue, Bloomberg, Getty Locations: U.S, Palo

☆ Real Madrid's Rodrygo and Bellingham on target in 2-1 win at Braga
▼ + stars: | 2023-10-24 | by ( Fernando Kallas | ) www.reuters.com time to read: +2 min

BRAGA, Portugal, Oct 24 (Reuters) - Real Madrid's Rodrygo and Jude Bellingham scored in each half to secure a 2-1 win at Sporting Braga and keep their side three points clear atop Champions League Group C on Tuesday. Wasteful Real missed several chances to extend their lead mainly through Vinicius who was often caught offside playing on the shoulder of an extremely high Braga defensive line. But they managed to score again in the 61st when Rodrygo beat the offside trap and found Vinicius ghosting behind the defence on the left. "We had to suffer more than expected in the end but it's normal to suffer away from home, especially in the Champions League," Vinicius Jr told Movistar Plus. Real are top on nine points ahead of Napoli, who eked out a 1-0 win at bottom side Union Berlin with the Germans yet to earn a point.

Persons: Rodrygo, Jude Bellingham, Rodrygo ., Vinicius Jr, Vinicius, Vinicius ghosting, Christian Karembeu, Braga, Alvaro Djalo, Kepa Arrizabalaga, " Vinicius Jr, Fernando Kallas, Ken Ferris Organizations: BRAGA, Sporting Braga, Champions League, Rodrygo, Braga, Real Madrid, League, Movistar, Berlin, Thomson Locations: Portugal, Brazilian, Bellingham, Napoli

☆ CNBC Daily Open: Consumers in U.S. and China are powering their economies
▼ + stars: | 2023-10-18 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The bureau also said retail sales spiked 5.5% and industrial production grew 4.5% in September, compared with a year earlier. U.S. markets wavered Tuesday as investors digested September's U.S. retail sales report and third-quarter earnings from banks. Retail sales in China also jumped more than expected in September, buoying the country's third-quarter GDP growth. Indeed, the specter of high inflation and, correspondingly, higher-for-longer interest rates, haunted the retail report, at least for the U.S.

Persons: Goldman Sachs, David Russell of TradeStation, That'd, It's, Russell, Chris Zaccarelli Organizations: CNBC, Bank of America, Bank of, National Bureau of Statistics, Consumers, U.S, Treasury, Nasdaq, Dow Jones, Independent, Alliance Locations: China, Asia, Pacific, Shanghai

☆ Chaos in House GOP intensifies with Scalise’s speakership bid in peril
▼ + stars: | 2023-10-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

GOP lawmakers did select Steve Scalise as their nominee for the job that is second in the line of presidential succession on Wednesday. The worsening debacle in the House follows the ouster of former Speaker Kevin McCarthy last week by eight Republicans voting with Democrats. But some GOP leaders are irritated that the jockeying is distracting from the imperative to find a speaker. He was still well short of the 217 votes – a majority of the current House – needed to claim the speakership on the floor. “He has no path to 217,” one top House Republican said on condition of anonymity.

Persons: Steve Scalise, Scalise, CNN’s Manu Raju, Melanie Zanona, Steve, ”, Jim Jordan, Kevin McCarthy, McCarthy, Tom Emmer, Kevin Hern, Byron Donalds of, ” Scalise, –, grandstanding, Donald Trump, Michael McCaul, CNN’s Wolf Blitzer, “, Xi, Putin, Matt Gaetz, – it’s, holdouts, Joe Biden, Marjorie Taylor Greene –, Trump, Jordan, Scalise –, ” Greene, Nancy Mace, David Duke, Mace, CNN’s Jake Tapper, Lauren Boebert, ” Boebert, …, Mike Lawler, Laura Blessing Organizations: CNN, The House Republican Party, Louisiana Republican, Republican, GOP, Ohio Republican, Texas, Foreign Affairs, Georgia, ” South Carolina Rep, Scalise, Ku Klux, ”, Republicans, New York Rep, Senate, Georgetown University’s Government Affairs Institute Locations: Wednesday’s, Washington, –, Minnesota, Oklahoma, Byron Donalds of Florida, Jordan, Israel, Florida, ”, Colorado

☆ Huge ancient solar storm revealed by tree rings in French Alps
▼ + stars: | 2023-10-09 | by ( Will Dunham | ) www.reuters.com time to read: +5 min

Researchers said on Monday the solar storm - the sun sending a large burst of energetic particles into space - occurred 14,300 years ago. Nine such extreme solar storms now have been identified using tree-ring radiocarbon evidence, with the most recent in 774 and 993 AD. The largest directly observed solar storm, called the Carrington Event, occurred in 1859, wreaking havoc on telegraphs and creating a nighttime aurora so bright that birds sang as if the sun was rising. The effects of solar storms can disable electronics. "If similar solar storms happened today, they could be catastrophic for society, as we are so reliant upon technology," Heaton said.

Persons: Cecile Miramont, eked, Tim Heaton, Heaton, Edouard Bard, Cécile Miramont, Will Dunham, Rosalba O'Brien Organizations: REUTERS, University of Leeds, Engineering Sciences, Marseille University, Thomson Locations: Gap, Handout, England, France, paleoclimates, Aix, Washington

☆ Las Vegas casino stocks are flirting with a bear market. That might be a sign an economic downturn is coming.
▼ + stars: | 2023-10-08 | by ( George Glover | ) www.businessinsider.com time to read: +3 min

Casino stocks are slumping – and that could be bad news for the US economy. Top investor Jim Chanos has touted the Las Vegas strip as a potential economic indicator in the past. Casino stocks' losses have likely been driven by Wall Street taking a gloomier view on the economy, according to analysts. Las Vegas' next big test will be the third-quarter earnings season, with most casino operators expected to announce their results over the next month. AdvertisementAdvertisementDisappointing figures could be one of a growing number of signals suggesting that, like gambling stocks, the economy might be headed for the red.

Persons: Jim Chanos, —, – Organizations: Service, Publicly, Vegas Sands, MGM Resorts, Bellagio, MGM, Federal Reserve, Gaming, Wall, Vegas, US Consumer Locations: Vegas, Las Vegas

☆ WNBA Finals feature 'Superteam' showdown for the ages
▼ + stars: | 2023-10-06 | by ( Amy Tennery | ) www.reuters.com time to read: +3 min

The Aces defeated the Wings 97-83. Mandatory... Acquire Licensing Rights もっと読むNEW YORK, Oct 6 (Reuters) - A "superteam" showdown fans were clamoring for tips off on Sunday as the defending champion Las Vegas Aces play a New York Liberty team hungry for a maiden major title in the WNBA Finals. The number one Aces lost twice MVP Candace Parker to injury in July but never missed a beat as last year's Most Valuable A'ja Wilson propelled Sin City to a WNBA record 34 wins. "We saw a different level of excitement in the off season this year because of the superteam narrative," said ESPN commentator and former WNBA All-Star Rebecca Lobo. New York coach Sandy Bronello said relief was her primary emotion as the Liberty eked out an 87-84 win in Game 4 against Connecticut.

Persons: A'ja Wilson, Kelsey Plum, Kiah Stokes, Chelsea Gray, Jackie Young, Breanna Stewart, Candace Parker, Rebecca Lobo, Wilson, Stewart, Lobo, Larry Bird, Magic Johnson, They've, Jonquel Jones, Sandy Bronello, Brondello, Becky Hammon, Hammon, Amy Tennery, Ed Osmond 私 Organizations: Las Vegas Aces, Dallas Wings, Michelob, The Aces, Wings, New York Liberty, WNBA, Liberty, Aces, ESPN, San Francisco Bay Area, NBA, Chicago Sky, Washington Mystics, Connecticut, Phoenix Mercury Locations: Las Vegas , Nevada, USA, Sin, San Francisco Bay, Las Vegas, New York

☆ Opinion: McCarthy’s downfall offers a clear lesson for Republicans
▼ + stars: | 2023-10-06 | by ( Stuart Ross | Opinion Geoff Duncan | ) edition.cnn.com time to read: +6 min

CNN —As the dust settles on the tenure of former House Speaker Kevin McCarthy, there are lessons the Republican Party should learn. As the Republican caucus considers its next steps, they must choose a leader whose stewardship signals a clear break from the past. Here are the ways that Trump triggered the events that fueled McCarthy’s downfall. In 2022, Republican Senate candidate Herschel Walker, a former football star whose controversial candidacy was fueled by his connection to the former president, met the same fate. Fast forward less than a year and Trump was nowhere to be found when McCarthy’s fate as speaker hung in the balance.

Persons: Geoff Duncan, Kevin McCarthy, Geoff Duncan Geoff Duncan, Donald Trump’s, Trump, Jim Jordan of, That’s, McCarthy, MAGA, Matt Gaetz, Republican Sens, David Perdue, Kelly Loeffler, Herschel Walker, Vance of Ohio —, Gaetz, Marjorie Taylor Greene, speakership, Joe Biden, “ Organizations: CNN, GOP, America’s Conservative Party, Republican Party, Republican, Trump, Republicans, Senate, ” Voters, Democratic, Trump - Locations: Jim Jordan of Ohio, Florida, Georgia, Arizona , New Hampshire , Ohio, Pennsylvania, Washington ,

In the meantime, House Republicans have no clear leader heading into next year's election as they cling to a razor-thin majority. The leadership fund will shift its alignment to follow the new House speaker once one is elected. McCarthy visiting a district could often be a major draw, juicing fundraiser proceeds, though that’s a role any new House speaker can grow into. “That’s where McCarthy has crushed it,” said Cam Savage, a longtime Republican strategist who works on House races. “After this week’s chaotic episode, House Republicans have basically upgraded to a Disney fast-pass in their never-ending roller coaster ride to the radical right,” said Viet Shelton, a spokesman for the Democratic Congressional Campaign Committee, the party’s House campaign arm.

Persons: — Kevin McCarthy, he’s, McCarthy, ”, Kelly Armstrong, Kevin McCarthy, Paul Ryan, Republican John Boehner, Donald Trump, “, Dan Conston, “ That’s, Cam Savage, ” McCarthy, he’ll, Joe Biden, Viet Shelton, “ It’s, Marty Obst, aren't, Nancy Mace, Katie Arrington, Mace, ” Arrington, Trump, Kevin Freking, Meg Kinnard, James Pollard Organizations: WASHINGTON, Republican, Republicans, National Republican Congressional Committee, Congressional, Fund, GOP, House, Trump, House Democrats, House Republicans, Disney, Democratic Congressional, Committee, Washington, Associated Press Locations: Dallas, McCarthy’s, California, Viet, South Carolina, Washington, Columbia , South Carolina

Learn moreThere's not long to go for tonight's middleweight title fight, and we can show you how to watch the Canelo vs. Charlo live stream, from anywhere. How to watch Canelo vs. Charlo live streams from anywhereIn the United States, you can catch the fight airing live on FITE.TV. How to watch Canelo vs. Charlo with a VPNSign up for a VPN if you don't have one. Watch Canelo vs. Charlo. Canelo vs. Charlo fight cardHere are all the fights happening before the main event.

Persons: Canelo Alvarez, Jermell Charlo, Canelo, Charlo, It's, they've, you'll, Insider's, ExpressVPN, Jesus Ramos Jr, Erickson Lubin, Yordenis, Mario Barrios, Elijah Garcia, Armando Resendiz, Frank Sanchez, Scott Alexander, Gabriel Valenzuela, Yeis Gabriel Solano, Terrell Gausha, KeAndre Leatherwood, Oleksandr Gvozdyk, Isaac Rodrigues, Curmel, Ezequiel Flores, Justin Viloria, Angel Barrera, Bek Nurmaganbet, Abimbola Osundairo, Abilkhan, Joeshon James Organizations: WBC, WBO, WBA, Mobile, Showtime, Ireland Locations: Las Vegas , Nevada, United States, Canada

☆ Yen falls after BOJ stands pat on easy policy; dollar elevated
▼ + stars: | 2023-09-22 | by ( Rae Wee | ) www.reuters.com time to read: +4 min

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022. The yen last bought 148.09 per U.S. dollar. Sterling similarly eked out a 0.3% gain against the Japanese currency to trade at 181.80 yen. "I guess people were expecting the BOJ to leave policy unchanged but perhaps tweak the wording a bit to remove the accommodative stance." The New Zealand dollar edged 0.08% higher to $0.5936 and was eyeing a weekly gain of more than 0.5%.

Persons: Florence Lo, Kazuo Ueda, Sterling, Siong Sim, Shunichi Suzuki, Ray Sharma, Ong, BoE, Daniela Hathorn, Rae Wee, Christopher Cushing Organizations: U.S, REUTERS, Rights, Bank of Japan, Bank of Singapore, Treasury, Federal Reserve, Japan's Finance, New Zealand, Fed, Bank of England, Capital.com, Thomson Locations: Rights SINGAPORE

☆ Swedes find solace in solidarity despite loss to Spain
▼ + stars: | 2023-09-22 | by ( Philip O'Connor | ) www.reuters.com time to read: +4 min

"It's not just their fight, it's the whole world's fight, so we wanted to show that we stand behind them," Sweden captain Kosovare Asllani told Reuters. Now at Italian side AC Milan, Asllani spent three years at Real Madrid and she embraced former team mate Teresa Abelleira after the final whistle. "I have a lot of good friends in the team and we discussed what they're going through. What we said will stay between us, but they were grateful for our support and that we stand behind them. The Spanish team's long-simmering row with the country's association reached boiling point when former Spanish FA president Luis Rubiales planted a kiss on the lips of player Jennie Hermoso after they won the World Cup final in August.

Persons: It's, Kosovare Asllani, Asllani, Teresa Abelleira, Luis Rubiales, Jennie Hermoso, Rubiales, Jorge Vilda, Magda Eriksson, Eriksson, Magda, Philip O'Connor Organizations: night's Nations League, Nations League, Olympic, Reuters, AC Milan, Real Madrid, Spanish, Thomson Locations: GOTHENBURG, Sweden, Swedish, Spain, Gothenburg

☆ WTA roundup: Madison Keys loses Guadalajara opener
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +2 min

Keys, the tournament's fourth seed, received a first-round bye. Navarro converted five of her seven break-point opportunities, while Keys broke serve three times on five chances. Navarro advances to face former U.S. Open finalist Leylah Fernandez of Canada, who knocked out 13th-seeded Elise Mertens of Belgium 6-3, 6-4. 1 Ons Jabeur of Tunisia routed the United States' Alycia Parks 6-2, 6-2, and No. The United States' Sofia Kenin eliminated 12th-seeded Anhelina Kalinina of Ukraine 6-2, 7-6 (5).

Persons: Madison Keys, Aryna Sabalenka, Mike Segar, Keys, Navarro, Leylah Fernandez, Elise Mertens, Maria Sakkari, Australia's Storm Hunter, Caroline Garcia of France, Ekaterina Alexandrova, Poland's Magdalena Frech, Sofia Kenin, Lucia Bronzetti, Yi Yang, Bronzetti, Yang's, Uchijima, France's, Tatjana Maria of, Alexandra Eala, Daria Saville of, Germany's Anna, Lena Friedsam, Viktoria Hruncakova, Russian Anna Kalinskaya, Viktorija, Yulia Putintseva, Xiyu Wang, Yue Yuan, Zhuoxuan Bai Organizations: Madison, Belarus, Aryna Sabalenka REUTERS, U.S, Australia's Storm, Poland's, United, Thomson Locations: Flushing Meadows , New York, United States, Guadalajara, Mexico, Open Akron, U.S, Canada, Belgium, Tunisia, Greece, Belarus, Russia, Ukraine, Guangzhou, Italy, Taiwan, China, Tatjana Maria of Germany, Philippines, Daria Saville of Australia, Slovakia, Russian, Switzerland, Kazakhstan

☆ Euro gains; yen flounders ahead of c.bank bonanza
▼ + stars: | 2023-09-19 | by ( ) www.cnbc.com time to read: +3 min

In this photo illustration, banknotes of Euro, Japanese Yen, Chinese Yuan and US dollar bill are placed under one-ounce silver bullion coins arranged on February 20, 2021 in Katwijk, Netherlands. The euro clung to gains on Tuesday following hawkish comments from European Central Bank, or ECB, policymakers, while the yen languished near a 10-month low ahead of a key rate decision from the Bank of Japan, or BOJ, later in the week. In Asia, the yen slipped marginally to 147.64 per dollar and was kept pinned near last week's 10-month low of 147.95 per dollar. Elsewhere, the U.S. dollar edged broadly lower, though strayed not too far from a six-month peak hit against its major peers last week ahead of the Fed's interest rate decision on Wednesday. Sterling edged 0.04% higher to $1.2390, ahead of an interest rate decision from the Bank of England, or BoE, also due this week.

Persons: Yuan, Rodrigo Catril, Kazuo Ueda, Erik Weisman, BoE Organizations: European Central Bank, Bank of Japan, Federal Reserve, ECB, National Australia Bank, Reuters, U.S, New Zealand, Fed, MFS Investment Management, Bank of England Locations: Katwijk , Netherlands, Asia

☆ Stock futures are little changed ahead of Fed policy meeting: Live updates
▼ + stars: | 2023-09-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Traders work on the floor of the New York Stock Exchange (NYSE), July 26, 2023. Stock futures were flat in overnight trading Monday as Wall Street readied for the start of the Federal Reserve's two-day September policy meeting. Futures tied to the Dow Jones Industrial Average added 16 points, or 0.04%, while S&P 500 futures and Nasdaq 100 futures inched up 0.06% and 0.08%, respectively. "China, that was supposed to work and supposed to come out of Covid … the U.S. consumer is showing signs of a little bit more pressure. The Fed is not expected to raise rates this month, with traders pricing in a 99% probability that the central bank skips a hike, according to CME Group's FedWatch tool, a gauge of pricing in fed funds futures.

Persons: we've, Ankur Crawford, Alger, Covid, that's Organizations: New York Stock Exchange, Stock, Federal, Dow Jones, Nasdaq, Dow Locations: China

☆ Jim Cramer sees encouraging signs around demand for Apple's latest iPhone
▼ + stars: | 2023-09-18 | by ( Jeff Marks | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Apple preorders Delivery dates for the iPhone 15 suggest that demand for Apple' s (AAPL) newest smartphone is outpacing supply, Goldman Sachs said in a note to clients Monday. 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, Jim, Goldman Sachs, Preorders, Goldman, he's, Jim Cramer's Organizations: CNBC, Dow Jones, Nasdaq, Dow, Oracle, Apple, Apple Watch, Pro Max Locations: China

☆ 'Smooth operator' Sainz ends Red Bull's winning streak
▼ + stars: | 2023-09-17 | by ( Tom Westbrook | ) www.reuters.com time to read: +5 min

"We nailed the race," said Sainz after his second career win for the Italian team and first since Silverstone last year. The Spaniard eked out his hard tyres for 42 laps, winning at the slowest possible speed, for Ferrari's first victory since Charles Leclerc triumphed in Austria in July last year. No team has ever won every race in a season of more than 10 rounds but Red Bull had looked capable of doing so until Singapore struck. Mercedes trimmed Red Bull's lead in the constructors' standings to 308 points, keeping them waiting at least another weekend for the title. Verstappen, who started on the hard tyres, moved up to second with Perez fourth but they were soon overhauled and plunged down the field after stopping under normal conditions.

Persons: Ferrari's Carlos Sainz Jr, Mercedes, Lewis Hamilton, Caroline Chia, Sainz, Red, Norris, Perez, Carlos Sainz, Max Verstappen's, McLaren's Lando Norris, Red Bull, George Russell, Hamilton, Lando, eked, Ferrari's, Charles Leclerc, Verstappen, Sergio Perez, LAWSON, Aston Martin's Fernando Alonso, Leclerc, Pierre Gasly, Oscar Piastri, Liam Lawson, Daniel Ricciardo, Kevin Magnussen, Haas, Logan Sargeant's Williams, Alpine's Esteban Ocon, Russell, Carlos, Alan Baldwin, Ken Ferris Organizations: Singapore, Circuit, Prix, Lewis Hamilton REUTERS, Hamilton, Ferrari, DRS, Silverstone, Alpine, McLaren, New, Formula One, Ferraris, Thomson Locations: Singapore, SINGAPORE, Italy, Austria, Monaco, Japan, AlphaTauri, London

☆ Stock Market News Today: Dow, Nasdaq Close Lower; Arm, Disney Stocks in Focus
▼ + stars: | 2023-09-15 | by ( ) www.wsj.com time to read: +1 min

The S&P 500 fell 1.2%, while the Nasdaq Composite shed 1.6%. The S&P 500 and Nasdaq posted slim declines for the week, while the Dow eked out a small gain. The Nasdaq Composite led indexes lower with a 1.6% decline. The S&P 500 was down 1.2% and the Dow industrials fell 0.8%, or nearly 300 points. Adobe shares were among the biggest losers in the S&P 500 after earnings disappointed investors.

Persons: Stocks, Dow industrials, Oil, Brent Organizations: Nasdaq, Dow Jones Industrial, Dow, Tech, Adobe, Treasury

☆ Music investor Hipgnosis to sell catalogues to bolster shares
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +3 min

Shakira performs during the 2023 MTV Video Music Awards at the Prudential Center in Newark, New Jersey, U.S., September 12, 2023. The sale includes a portfolio of 29 music catalogues and a collection of non-core songs to a partnership between its investment adviser and funds advised by U.S. private equity group Blackstone (BX.N), Hipgnosis said on Thursday. Founder Merck Mercuriadis is the CEO and founder of the investment adviser, Hipgnosis Song Management (HSM), and holds a minority interest in the buyer, Hipgnosis Songs Capital. Hipgnosis Songs Fund will retain ownership of seven of its ten largest catalogues, it added. Last week, Alchemy Copyrights agreed to buy music copyright-focussed investment firm Round Hill Music Royalty Fund (RHM.L) for about $468.8 million.

Persons: Shakira, Brendan Mcdermid, Nelly, Hipgnosis, Peppers, Neil Young, Blondie, Merck Mercuriadis, HSM, Aby Jose Koilparambil, Janane Venkatraman, Elaine Hardcastle Organizations: Prudential Center, REUTERS, U.S, Blackstone, Blackstone Inc, FTSE, Royalty, Thomson Locations: Newark , New Jersey, U.S, Bengaluru

☆ Stock futures are little changed ahead of key inflation data: Live updates
▼ + stars: | 2023-09-10 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, July 20, 2023. Stock futures were little changed Sunday night as investors awaited a batch of economic data in the week ahead and earnings from two major tech companies. Futures tied to the Dow Jones Industrial Average ticked lower by 2 points, or 0.01%. S&P 500 futures and Nasdaq 100 futures edged higher by 0.06% and 0.1%, respectively. Investors are looking forward to key inflation data in the week ahead after a string of stronger-than-expected economic data points last week renewed worries that the Federal Reserve could raise rates more than previously expected.

Persons: Yung, Yu Ma, Ma Organizations: New York Stock Exchange, Stock, Futures, Dow Jones, Nasdaq, Dow, Investors, Federal Reserve, Traders, CME Group's, BMO Wealth Management, CNBC, CPI, University of Michigan's Consumer, Oracle, Adobe, Apple Locations: New York City, China

☆ Nvidia isn't the only game in town. Investors advise against overlooking these other AI beneficiaries
▼ + stars: | 2023-09-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Nvidia can't stop stunning Wall Street and the investing community in 2023, but portfolio managers say don't let the excitement overshadow other potential AI winners. "Theme after theme, transition after transition, the strong usually gets stronger," said Paul Meeks, portfolio manager at Independent Solutions Wealth Management. Some retail and professional investors seemed to interpret the news as a sign that it's "game over" for some of the other AI chipmakers, Forrest said. Forrest, who's on the hunt for growth at a reasonable price, points to companies like Advanced Micro Devices, Micron Technology . On the AI chip theme, Meeks also points to Broadcom , Marvell Technology and Taiwan Semiconductor , a major supplier for Nvidia, as other ways to play the trend.

Persons: Paul Meeks, there's, Kim Forrest, Forrest, who's, Meeks, chipmaker, Capital Management's JoAnne Feeney, Feeney, it's Organizations: Nvidia, Independent Solutions Wealth Management, Intel, Devices, Broadcom, Marvell Technology, Bokeh Capital Partners, Micron Technology, AMD MU, AMD, MU, Taiwan Semiconductor, Capital, Google

☆ Asia shares rally as China measures boost market
▼ + stars: | 2023-08-28 | by ( Wayne Cole | ) www.reuters.com time to read: +5 min

MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) climbed 1.4%, having eked out minor gains last week to break a three-week losing streak. The improvement in risk sentiment saw EUROSTOXX 50 futures add 0.7%, while FTSE futures were closed for a holiday. S&P 500 futures and Nasdaq futures both edged up 0.1%, extending last week's modest rise. "We take this to mean that the FOMC does not intend to hike at the September meeting," wrote analysts at Goldman Sachs. Oil prices drew some support from a sharp rise in U.S. diesel prices, though concerns about Chinese demand remains a drag.

Persons: Issei Kato, Federal Reserve Jerome Powell, Goldman Sachs, Christine Lagarde, Ben Broadbent, Kazuo Ueda, Brent, Wayne Cole, Shri Navaratnam, Stephen Coates Organizations: Nikkei, U.S, REUTERS, payrolls, China PMI, China, Sunday, Investors, PMI, Nomura, Japan's Nikkei, Nasdaq, Federal Reserve, JPMorgan, European Central Bank, Bank of England, Bank of Japan, Thomson Locations: Tokyo, Japan, China, SYDNEY, Beijing, Asia, Pacific, Hollywood, Friday's, U.S

☆ Incumbent Claims Victory in Zimbabwe Election Amid Fraud Accusations
▼ + stars: | 2023-08-26 | by ( John Eligon | More About John Eligon | ) www.nytimes.com time to read: +1 min

“We reject any result hastily assembled without proper verification,” Promise Mkwananzi, the party spokesman, wrote on Twitter shortly after the results were announced. Mr. Mugabe was removed in a coup in 2017 by Mr. Mnangagwa and his allies. The following year, Mr. Mnangagwa eked out a victory over Mr. Chamisa in an election, winning just over 50 percent of the vote. The Zimbabwean police drew global condemnation for arresting dozens of members of one of the country’s most respected election watchdogs on election night, accusing them of plotting to sow discord by releasing projected election results. The night after the raid, ZANU-PF officials offered their own election projections at a news conference, and drew no ire from the police.

Persons: “, Mnangagwa, Robert Mugabe, autocrat, Mugabe, Chamisa Organizations: Twitter, Mr, Zimbabwean, ZANU Locations: Zimbabwe, African

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