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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail investors shouldn't touch China stocks, warns Safanad's John RutledgeJohn Rutledge, Safanad chief investment strategist, joins 'Closing Bell Overtime' to talk China's market pullback and how U.S. investors should navigate it.
Persons: Safanad's John Rutledge John Rutledge Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBetterment CEO Sarah Levy and soccer star Carli Lloyd talk new 'Pursue Better' campaignSarah Levy, Betterment CEO and Carli Lloyd, soccer star, join 'Closing Bell Overtime' to talk new promotional partnership 'Pursue Better'.
Persons: Sarah Levy, Carli Lloyd
North Carolina’s election board voted Monday to give residents in the western part of the state, which was hit hardest by Hurricane Helene, greater flexibility to vote by mail and run their elections. Previously, voters were limited to dropping absentee ballots off at the board of elections or early voting sites in their counties. Some of the planned voting sites are being used as shelters and warehouses for incoming sites, state officials said, while others were damaged or made inaccessible by the storm. The state’s voter registration deadline of Friday was not extended. South Carolina extended its voter registration deadline to Oct. 14, while Georgia officials say election operations are expected to continue smoothly.
Persons: Hurricane Helene, Karen Brinson Bell, Brinson Bell, Ron DeSantis Organizations: Voters, State Board, Florida Gov, Associated Press Locations: Carolina, Georgia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAn October market pullback could be used to add exposure, says Bespoke's Paul HickeyJose Rasco, HSBC Global Private Banking & Wealth Management CIO, and Paul Hickey, Bespoke Investment Group co-founder, joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Bespoke's Paul Hickey Jose Rasco, Paul Hickey Organizations: HSBC Global Private Banking, Wealth Management, Investment Group
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOutcome of election could be positive or very negative for China in short-term, says Dan NilesDan Niles, Niles Investment Management founder, joins 'Closing Bell Overtime' to talk market volatility, Chinese stocks, the energy sector and more.
Persons: Dan Niles Dan Niles Organizations: Niles Investment Management Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore capital coming into private markets can be 'both good and bad': Hamilton Lane's Erik HirschErik Hirsch, Hamilton Lane co-CEO, joins 'Closing Bell Overtime' to talk upcoming IPO candidates, private market investing, and more.
Persons: Hamilton Lane's Erik Hirsch Erik Hirsch, Hamilton Lane
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should now be looking for where they want to buy weakness, says Strategas' Chris VerroneChris Verrone, Strategas, joins 'Closing Bell' to discuss whether yields are being overbought or not.
Persons: Strategas, Chris Verrone Chris Verrone
US stocks fell Monday as bond yields and oil prices moved higher. The rise in oil prices and solid September jobs report has revived inflation concerns. Friday's release of the September jobs report sparked the move higher in yields. AdvertisementMeanwhile, oil prices continued to surge on Monday, rising by about 4% as tensions in the Middle East continued to simmer on the first anniversary of the Hamas-led attack against Israel. The rise in oil prices and the stronger jobs report are fanning fears of a potential rebound in inflation, which would mean fewer rate cuts from the Federal Reserve.
Persons: Organizations: PepsiCo, Service, Treasury, Israel, Federal Reserve, Amazon, Epic, Bank of America, Here's Locations: Hurricane Milton, Wells
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPfizer needs to 'fix what they have', no M&A capacity, says BMO's Evan Seigerman on activist stakeEvan David Seigerman, BMO Biotech Analyst, joins 'Closing Bell Overtime' to talk Pfizer shares climbing on activist firm Starboard taking a stake in the company.
Persons: BMO's Evan Seigerman, Evan David Seigerman Organizations: Pfizer, BMO Biotech Analyst
Last month, the Federal Reserve cut its benchmark interest rate by half a percentage point and signaled that more cuts are coming. He hopes interest rate cuts will increase his buying power. Mortgage rates have steadily fallen in anticipation of further interest rate cuts from the Federal Reserve. Mortgage rates have steadily fallen in anticipation of further interest rate cuts from the Fed, with the average 30-year fixed mortgage rate dropping to 6.12% in the week ended October 3, according to Freddie Mac. “Even a decent interest rate today far exceeds what we’ve been planning and budgeting on since we bought this home,” said Tony, who said his interest rate was 3.75%.
Persons: Robert Galvez, , Galvez, , ” Galvez, Kamala Harris ’, homebuyers, Brandon Bell, Tony, Freddie Mac, it’s, Safiya Reid, Nico Williams, Reid, Nico Williams “ I’m, ” Reid, she’s Organizations: CNN, Federal Reserve, National Association of Realtors, Federal Housing Administration, NACA Locations: New Hampshire, Atlanta, Okinawa, Japan
NXP Semiconductor — Shares added 0.8% after UBS upgraded the chipmaker to buy from neutral. Amazon — Shares slumped nearly 2% after Wells Fargo downgraded the e-commerce company to equal weight from overweight, citing slowing growth and competition from Walmart. Pfizer — Activist investor Starboard Value took a roughly $1 billion stake , seeking a turnaround at the struggling company, sources told CNBC. American Express — The financial services stock fell more than 1% after JPMorgan downgraded shares to neutral from overweight. Ally Financial — The financial services stock added 1.4% on the back of a JPMorgan upgrade to overweight from neutral.
Persons: Jefferies, Wells, Coty, Ashley Helgans, Bernstein, headwinds, Ally, Yun Li, Samantha Subin, Alex Harring, Pia Singh, Michelle Fox Organizations: , Semiconductor, UBS, Walmart, Pfizer —, CNBC, Jefferies, Hershey, American Express, JPMorgan, Wynn Resorts, United Locations: Wells Fargo, underperform, GLP, United Arab Emirates
US stocks fell Monday as investors assessed interest rate moves after Friday's strong jobs report. The 10-year Treasury yield rose above 4% for the first time since late July. Investors will focus on earnings season and the upcoming September CPI report this week. AdvertisementUS stocks dipped to start the week as investors assessed the outlook for interest rates following the strong September jobs report. The September CPI report is also on the economic calendar this week, set to be released on Thursday.
Persons: Organizations: Treasury, Service, Dow Jones, Federal Reserve, Investors, PepsiCo, Here's
Opening Bell: October 7, 2024
  + stars: | 2024-10-07 | 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: October 7, 2024Watch the opening bell for the New York Stock Exchange and the Nasdaq from October 7, 2024.
Organizations: New York Stock Exchange, Nasdaq
Inflation could be a market-driving fear again this week when September data is released, according to Bank of America. But last week's stronger-than-expected jobs report has shaken up the consensus outlook for the economy. "After the blowout jobs report, CPI is no longer a 'non-event.' The CPI report is due out before the opening bell Thursday. Economists surveyed by Dow Jones expect the CPI report to show a 0.1% increase in September and a 2.3% rise from 12 months earlier.
Persons: Dow Jones Organizations: Bank of America, Federal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorgan Stanley's Sherry Paul: It's important for investors to be 'forward-thinking'Sherry Paul, Morgan Stanley Private Wealth Management managing director, joins CNBC's 'Closing Bell' to discuss how she sees the economy, her year-end playbook, and more.
Persons: Morgan Stanley's Sherry Paul, Sherry Paul, Morgan Stanley Organizations: Morgan Stanley Private Wealth Management
Expect oil prices to decline on average in 2025: Emirates NBD
  + stars: | 2024-10-07 | 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 EmailExpect oil prices to decline on average in 2025: Emirates NBDEdward Bell, head of market economics at Emirates NBD, says that oil markets are trying to price in the 'worst-case scenario,' if energy infrastructure are targeted in the Mideast conflict.
Persons: Edward Bell Organizations: Emirates, Emirates NBD
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Niles Investment Management's Dan NilesDan Niles, Niles Investment Management founder, joins 'Closing Bell Overtime' to talk market volatility, Chinese stocks, the energy sector and more.
Persons: Dan Niles Dan Niles Organizations: Niles Investment, Niles Investment Management
NBC News spoke with four rabbis about the buzzy series, which has generated intense online reaction, including a steady stream of Brody-focused “hot rabbi” memes, since its Sept. 26 release. Nevertheless, the “hot rabbi” memes still remain a major force behind the show’s public reception. He took no issue with Brody’s “hot rabbi” character and his lifestyle. “Yeah, I’m a hot rabbi. Like Zinkow, Rabbi Sari Laufer was cautious about the show — and planned to avoid it altogether.
Persons: Maya Zinkow, Kristen Bell, podcaster, , Adam Brody, Berkeley’s Hillel, , ” Zinkow, Steve Leder, ” Adam Brody, ” Saeed Adyani, Rabbi Noah Roklov, Brody, Bell, Angelino, Harry Met Sally, , Erin Foster, Foster, Hugh Grant, Joanne —, adam brody, Seth Cohen, Adam Brody’s rizz, Leder, ” Leder, “ It’s, Noah, — Leder, Zinkow, I’m, Joanne, Rabbi Noah, Rabbi Sari Laufer, ” Laufer, Stephen Wise, Laufer, Rabbi Leora Kaye, Noah’s, Bina, Rebecca, Emily Arlook, ” “, Kaye, it’s, Jackie Tohn, Esther, NBC’s, That’s, ” Foster, “ They’re Organizations: University of California, NBC News, NBC, Netflix, Wilshire Boulevard Temple, Guardian, Stephen Wise Temple and Schools, Central Conference of American, Los Angeles Times, Jewish, Hallmark Locations: , Brody, Israel, U.S, Wilshire Boulevard, Los Angeles, “ Notting, Fleabag, New York, endogamy
Friday's rally on a strong jobs report gained momentum into the close and pushed the stock market into the green for the week. Inflation data: The September consumer price index (CPI) report is out Thursday. The September producer price index (PPI) is out Friday. Jim said last week that investors who don't own AMD shares should buy some ahead of CEO Lisa Su's presentation. ET: Consumer price index 12 p.m.
Persons: we'll, Jim Cramer, Friday's, Matthew Graham, Israel, Joe Biden, Wells, Jim, we're, We're, Morgan Stanley, Lisa Su's, Su, Jim Cramer's, Michael M Organizations: Dow, Nasdaq, Federal, Mortgage News, Mortgage News Daily, CNBC, Devices, PPI, Bank, Nvidia, SOXX Semiconductor, PepsiCo, Delta Air Lines, DAL, JPMorgan, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: U.S, Iran, Israel, Wells Fargo, BlackRock, New York City
After all of these years, after all of the rather incredible rallies and gains in the stock market from so many groups, the typical morning still starts with a bevy of negativity. We hear about OpenAI and its brilliant $167 billion valuation , but we don't see any stock available to public-market investors. I have been furious at myself for thinking the Chinese government couldn't do anything about the country's struggling stock market. The Chinese stock market has been rallying nicely since the stimulus announcements. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: , Elon Musk, he's, isn't, Carl Quintanilla, David Tepper, holler, That's, that's, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Federal Reserve, Walmart, Fed, SpaceX, Nike, Walgreens, CVS Health, Club, GE Healthcare, Wynn Resorts, Chinese Communist Party, Apple, PDD Holdings, JD.com, Baidu, Diamondback Energy, Exxon Mobil, CNBC, New York Stock Exchange, Getty Locations: U.S, China, , New York City
Sen. JD Vance had a lot to prove during his vice-presidential debate with Minnesota Gov. AdvertisementOhio Sen. JD Vance and Minnesota Gov. Here's a look at some of the recent steps Vance has taken to solidify his GOP credentials ahead of a potential 2028 campaign. Former President Donald Trump's political brand has defined the Republican Party for nearly a decade. During the debate, Vance showed that he could walk that line.
Persons: Sen, JD Vance, Tim Walz, Vance, , Ohio Sen, Donald Trump, Walz zeroed, Kamala Harris, Walz, Trump, Alyssa Farah Griffin, Trump's, MAGA, Ron DeSantis, Nikki Haley, Vance Vance, Donald Trump's, Brandon Bell, South Carolina Sen, Tim Scott, Texas Sen, Ted Cruz, there'd, Mike Nellis, Harris, isn't, William Martin, Donald J Organizations: Minnesota Gov, Service, Ohio, Trump, CNN, GOP, Trump Trump, Republican Party, Republicans, Florida Gov, Trump GOP, Senate, Capitol, South, Trump Republicans Locations: Minnesota, South Carolina, Texas
"Nobody Wants This," starring Adam Brody and Kristen Bell, is Netflix's latest hit rom-com. Fans of the series may want to watch other shows starring Brody and Bell, like "The O.C." You can also check out romantic comedy series like "You're the Worst" and "Business Proposal." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . If you've already binged the 10-episode first season of "Nobody Wants This," here are seven other shows to watch next while you're waiting for season two news.
Persons: Adam Brody, Kristen Bell, Brody, Bell, , Noah, Joanne Organizations: Service, Rotten, Netflix
US stocks rose 1% and the Dow hit a record as the jobs report alleviated slowdown worries. AdvertisementUS stocks surged about 1% on Friday after the September jobs report soothed fears of an economic slowdown. According to the CME FedWatch Tool, odds of a 50-basis point cut dropped to 0% from 53% last week. Consensus now expects two 25-basis point rate cuts from the Fed at their next two FOMC meetings before year-end. ING's chief economist, James Knightley, said the jobs report was "unambiguously strong."
Persons: , Dow, Sonu Varghese, Jeffrey Roach, James Knightley, Knightley Organizations: Dow, Service, Federal, Fed, Financial Locations: Here's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Fed is ahead of the curve and in a good spot, says Jefferies' David ZervosJefferies' David Zervos and Former CEA Chair Jason Furman, join 'Closing Bell: Overtime' to discuss the jobs report, markets and the Fed.
Persons: Jefferies, David Zervos Jefferies, David Zervos, Jason Furman
Dockworkers strike in a picket line outside of the Port of Houston Authority on October 01, 2024 in Houston, Texas. The strike, affecting 36 ports, marked a historic event and was the first by the union since 1977. (Photo by Brandon Bell/Getty Images)The tentative agreement to suspend the International Longshoremen's Association strike may have consumers and businesses breathing a sigh of relief. In a statement Friday, the ILA said it wants to tighten the language related to the use of automation at ports. It is only a tentative agreement and automation at ports will remain a major stumbling block," said Peter Sand, chief shipping analyst at supply chain intelligence firm Xeneta.
Persons: Brandon Bell, Peter Sand, Harold Daggett, Daggett, Dennis Daggett, Harold Daggett's, that's, Sand, Dr, Michael Nacht, Larry Henry Organizations: Port, Houston Authority, International Longshoreman's Association, United States Maritime Alliance, International Longshoremen's Association, ILA, CNBC, Office, GAO, Public, University of California, Defense, ContainerTrac, International, Warehouse Union, Pacific Maritime Association Locations: Houston , Texas, U.S, Berkeley, Long Beach, Los Angeles , California, West Coast
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