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Not surprisingly, the news has given a jolt to the most liquid Chinese ETF today, as well. The iShares China Large Cap ETF (FXI) has been trading even higher than that so far on Tuesday. The ETF was trading considerably higher in pre-market trading hours and opened a whopping 6% higher from the prior day's close. And that's exactly why we need to look beyond the last few months to a get true sense of its trend. And at that point, the ETF would be hitting its highest level since early 2022.
Persons: it's, FXI, that's Organizations: Shanghai Stock, RSI, CNBC, NBC UNIVERSAL Locations: China
For companies running AI models, social media platforms offer valuable data. He added that he would opt out of allowing LinkedIn use his data for AI training. Different social platforms vary in terms of the options they give users to opt-out of contributing to AI systems. Here’s where some of the major social media platforms may be using your data to train and run AI models, and how (and if) you can opt out. LinkedInLinkedIn this week began giving users the choice to opt-out of having their data used to train it generative AI models.
Persons: New York CNN — OpenAI, , ” David Ogiste, , Elon Musk’s, Grok, , X, Snapchat, ’ selfies, Reddit Reddit, Reddit, won’t, private.Meta Organizations: New, New York CNN, LinkedIn, Nobody’s, CNN, Microsoft, , Media, Services, Google, Meta, Facebook Locations: New York, United Kingdom, Switzerland, Europe
—Katie Stockton with Will Tamplin Access research from Fairlead Strategies for free here . Fairlead Strategies Disclaimer: This communication has been prepared by Fairlead Strategies LLC ("Fairlead Strategies") for informational purposes only. Securities, investment products, other financial products or strategies discussed herein may not be suitable for all investors. The recipient of this information must make its own independent decisions regarding any securities, investment products or other financial products mentioned herein. This material is not to be reproduced or redistributed absent the written consent of Fairlead Strategies.
Persons: CTVA, Katie Stockton Organizations: Invesco DB Agriculture Fund, Wheat, CNBC, NBC UNIVERSAL, Fairlead, CNBC Pro, Securities Locations: CTVA
See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering near 5.70%, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are near 5%, according to Zillow data. Last month, 30-year refinance rates averaged 6.59%, while 15-year refinance rates were around 5.90%. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.
Persons: you'll, Freddie Mac, it's, they've, They'll, refinance Organizations: Zillow, Fed Locations: Chevron
Power generation has emerged as a crucial investment theme in the context of artificial intelligence (AI) energy demand due to the significant electricity requirements of AI technologies. Several factors make power generation a vital AI-adjacent investment theme: Data centers, the backbone of AI operations, are among the largest electricity consumers. Investing in power generation becomes vital to support this expanding infrastructure. Fluor offers a wide range of services in the nuclear power sector, including project management, engineering, procurement, construction, and maintenance. The company has experience developing new nuclear power plants and maintaining, refurbishing, and decommissioning existing ones.
Persons: Fluor's, FLR, I've Organizations: Bechtel, KBR, Fluor Corporation, Corporation, Fluor, NuScale, CNBC, NBC UNIVERSAL Locations: Irving , Texas, Fluor
They seem to be slowing down, and that's creating fewer job openings," he said. While that sluggish pace of hiring is making the fall feel less robust than in some years, Mullinix said there are steps job seekers can take to stand out. That's causing some to list fewer job openings. That can make it harder for job seekers, of course, and for recruiters who have to sift through a pile of applications. Mullinix said that given how unpleasant the search process can be, it's understandable that job seekers would gravitate toward the easiest method for applying.
Persons: , John Mullinix, Mullinix, Thorkelsson, haven't, you've, it's Organizations: Service, Business, Data Technologies, Federal, Redpoint Ventures, wariness
Rodgers defied his age in the win, moving around with ease and effectiveness as he evaded Patriots defenders and dissected New England’s defense with his throwing. Rodgers was serenaded throughout the game by the Jets faithful with chants of his name, and afterwards, the quarterback labeled Thursday a “really special night.”“I was feeling real good out there,” Rodgers told reporters. I felt like I was myself quite a few years ago.”Rodgers missed the majority of last season with a torn Achilles. Adam Hunger/APRodgers added when asked about returning to the field at MetLife Stadium: “I felt a really good calm about it, honestly, I didn’t think a whole lot about it. But in its third game of the season with the Super Bowl XLV champion at the helm, things appeared to click for New York.
Persons: Aaron Rodgers, Achilles, Rodgers, Allen Lazard, Garrett Wilson –, Wilson, , ” Rodgers, , I’ve, Adam Hunger, Braelon Allen, Drake Maye, Maye –, Jacoby Brissett, Brissett, Maye Organizations: CNN, NFL, MetLife, New York Jet, New England Patriots, Patriots, Jets, AFC East Locations: New York, England
The sport dips its toes this weekend with ranked matchups in the Big Ten, Big 12 and SEC featuring College Football Playoff favorites and some remaining question marks. Let’s rank the top 10 games of Week 4, starting with a few honorable mentions and counting down. San Jose State (3-0) at Washington State (3-0), Friday, 10 p.m., The CWWhat a win for Wazzu last week. Line: Auburn -3GO DEEPER College football Week 4 oddly specific predictions: Rolling with road favoritesHow about Kenny Dillingham and the Sun Devils? 6 Tennessee (3-0) at No.
Persons: John Mateer, Jake Dickert, Ken Niumatalolo, Grayson McCall, CJ Bailey, Cade Klubnik, Alex Hicks Jr, Sam Pittman, Hank Brown, Kenny Dillingham, ASU —, Sam Leavitt, Skattebo, Tyler Shough, ESPN Mario Cristobal’s, Cam Ward, Byrum Brown, Sam Navarro, Fox, Dylan Raiola, Patrick Mahomes, Raiola, haven’t, Alex Orji, Davis Warren, D’Anton Lynn, Cam, Doak Walker, Ollie Gordon, Alan Bowman, Bowman, Collin Oliver, Josh Heupel, Joe Rexrode, Joe, , Nico Iamaleava’s, Jackson Arnold, Nic Anderson, Andrel Anthony, Brent Venables ’, Norman, Aaron M Organizations: College, Big, SEC, College Football, Rutgers, Virginia Tech, Navy, TCU, SMU, San, San Jose State, Washington State, Wazzu, Apple, Cougars, WSU, Spartans, Air Force, North Carolina State, Clemson, ABC, NC, Wolfpack, Louisiana Tech, Lousiana Tech, App, Tigers, ACC, App State, USA, Auburn, ESPN, CBS, Arkansas, Arkansas ’, New, College football, Sun Devils, ASU, Texas State, Texas Tech, Abilene Christian, Georgia Tech, ESPN2 Georgia Tech, VMI, Syracuse, Jackets, Cardinals, Austin Peay, Jacksonville State, Notre Dame, Louisville, Miami, Hurricanes, FBS, USF, Alabama, Bulls, Tide, Nebraska, Illini, Cornhuskers, Illinois, USC, Michigan, Wolverines, LSU, Ohio State, Penn State, Oklahoma State, Fox, Baylor, Utes, Kansas State, Sooners, ESPN’s, GameDay Locations: North Carolina, Memphis, SMU , Iowa, Minnesota, San Jose, Washington, Tennessee, Georgia, Arkansas, New Mexico, Auburn, Texas, North Texas, Louisville, South Florida, Tampa, Miami, Illinois, Nebraska, Lincoln, Michigan, Ohio, Oregon, Penn State , Nebraska, Utah, Fox Utah, Stillwater, Kansas, Arizona, Oklahoma
Former pharmaceutical champion Pfizer (PFE) , down 52% from its December 2021 all-time high, is judged to be in the throes of a "bearish-to-bullish" Reversal. Pfizer, the laggard the past year: Is now... Pfizer, the leader the past month: By our work, PFE represents a compelling "value play". And with a 5.73% dividend yield, one "gets paid" to wait as the stock continues to bottom. THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Carter Braxton Worth Organizations: Pfizer, pharma, Pharmaceuticals Industry Group, CNBC, NBC UNIVERSAL
SKIP AHEAD How we picked the best online eyeglasses retailers | Where to buy glasses online | Why trust NBC Select? To help guide you through buying glasses online we asked experts what to consider before shopping, and we rounded up some of the best online retailers for eyeglasses. Where to buy glasses onlineWe rounded up some of the most popular online eyeglasses retailers to make your online search for glasses easier. Those nervous about shopping online may find comfort in buying glasses from a known name in the glasses world. For this story, she interviewed two experts on where to buy glasses online.
Persons: Yuna Rapoport, — you’ll, , Rapoport, , , Thierry Hufnagel, Gucci, Kate Spade, Marc Jacobs, Ban, you’ve, Tom Ford, Versace, Prada, Persol, you’ll, Bethany Heitman, TikTok Organizations: NBC, Eyecare, Burberry, Carrera, Nike, Eyebuydirect, Armani Exchange, , Facebook, Twitter Locations: Manhattan
Thasunda Brown Duckett has an urgent piece of career advice for anyone who doesn't love their job: Don't run from the challenge. "Be OK with hard," Duckett, president and CEO of insurance giant TIAA, recently told LinkedIn's "This Is Working" podcast. "Make sure along your career, especially early on, you sit in hard, meaning, 'I may not have a manager that's amazing. Career coach Joyce Guan West agrees: Challenge yourself, but don't endure work environments that cause you emotional harm. If you want to get ahead in your career, West says cultivating professional relationships and skill building can help fast-track you.
Persons: Thasunda Brown Duckett, Duckett, LinkedIn's, TIAA, Joyce Guan West Organizations: CNBC
Investors looking to participate in a new growth phase for electricity demand by purchasing the Utilities Select Sector SPDR ETF (XLU) might be discouraged by its massive run over the past year. We'll review a way to play it with options that adds a buffer of protection. XLU .SPX mountain 2023-10-23 Utilities Select Sector SPDR Fund since October low Despite this strong performance, the utilities select sector index still trades at just over 19 times forward earnings, a much cheaper multiple than the S & P's 23.5 times, and typically trades with significantly lower volatility as well. Spurring the economy will likely increase demand, but lowering rates improves the relative attractiveness of utilities for fixed-income investors as well. The trade XLU has an annual dividend yield of 2.8% and would make a fine addition to one's portfolio.
Persons: EVs Organizations: Utilities, Fund, CNBC, NBC UNIVERSAL Locations: U.S
Because the Fed is likely to cut rates further, mortgage rates should continue to drop this year. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering around 5.60% today, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates are right around 5%, according to Zillow data. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.
Persons: annonuncement, Jerome Powell, you'll, they've, Freddie Mac, it's, They'll Organizations: Zillow, Fed Locations: Chevron
The foundation of Dow's work was based on the analysis of price trends, comparing swing highs and swing lows to define and track the trends over time. An initial look at the chart of Microsoft (MSFT) may suggest a consistent uptrend of higher highs and higher lows. And while this short-term uptrend is a valid observation, this also means Microsoft may be forming the dreaded "bear flag" pattern, which often precedes a major downdraft. A bear flag pattern occurs when you have an initial downtrend, in this case, the drop from $470 to $385 from early July to early August of this year. If MSFT would drop below $410 in the coming weeks, that would complete the bear flag pattern, and would also push the price back below the 200-day moving average.
Persons: Charles Dow, Downside, David Keller Organizations: Microsoft, MSFT, CMT, CNBC, NBC UNIVERSAL
Traders instantly react to the data (sometimes wildly so), especially when the actual numbers are distinctly different than estimates. Thus, historically, XLU has been correlated with the direction of treasury bonds (which move in the opposite direction of bond yields). Here's a chart with XLU and the TLT 20+ Year Treasury Bond ETF, which we're using since it's the most widely traded treasury bond ETF. From 2022 through 2023, XLU and TLT moved in the same direction more often than not. Another reason is simply that investors are aggressively seeking yield producing instruments, with the understanding that bond yields were destined to fall.
Persons: XLU, That's, TLT, We're Organizations: Federal Reserve, PPI, Utilities, Treasury Bond ETF, Bollinger, CNBC, NBC UNIVERSAL Locations: XLU
CNN —Las Vegas Aces superstar A’ja Wilson broke the WNBA single-season rebound record on Tuesday, picking up seven boards in an 85-72 win over the Seattle Storm. Despite making history once again on Tuesday night, Wilson was relatively indifferent to the record. Liberty and Lynx lock top two seedsMinnesota Lynx guard Kayla McBride shoots a layup against the Connecticut Sun. The Lynx are the hottest team in the league, having won seven in a row and going 13-1 since the Olympic break. Tuesday night’s WNBA scoresAway @ home (winners in bold)Minnesota Lynx 78-76 Connecticut SunNew York Liberty 87-71 Washington MysticsChicago Sky 70-86 Atlanta DreamLas Vegas Aces 85-72 Seattle StormPhoenix Mercury 85-81 Los Angeles Sparks
Persons: A’ja Wilson, Angel Reese, Wilson, I’m, , Becky Hammon, , Kayla McBride, Erica Denhoff, Bridget Carleton, Napheesa Collier, Carleton, , Alyssa Thomas ’, Betnijah Laney, Hamilton, Ariel Atkins, Scott Taetsch, Breanna Stewart Organizations: CNN, Las Vegas Aces, WNBA, Seattle Storm, Chicago Sky, Aces, Las Vegas, Sky, Connecticut Sun, Dallas Wings, ” Aces, Houston Comets, Liberty, Lynx, Minnesota Lynx, New York Liberty, Eastern Conference, Washington Mystics, New York, Mystics, Connecticut Sun New York Liberty, Washington Mystics Chicago Sky, Seattle Storm Phoenix Mercury, Angeles Sparks Locations: New
How to play the Fed decision using options on gold
  + stars: | 2024-09-18 | by ( Tony Zhang | ) www.cnbc.com   time to read: +3 min
Gold is trading at all-time highs due to a combination of inflation concerns, geopolitical risks, and expectations around monetary policy. Historically, gold tends to benefit from dovish monetary policies, especially when they signal prolonged low interest rates, which reduce the opportunity cost of holding non-yielding assets like gold. Gold has maintained its bullish momentum, trading near $2,600, and appears to be breaking into new all-time highs. Looking at the chart, gold has consistently made higher highs and higher lows, a sign of strong upward momentum. The trade To express a bullish to neutral view on gold going into the Fed announcement, consider selling a SPDR Gold Shares (GLD) Nov 1 $237.5/232.5 Put Vertical @ $2.02 Credit.
Persons: GLD Organizations: CNBC, NBC UNIVERSAL Locations: Central
Limited-Time Deal Plex Lifetime Pass $95.99 $119.99 Save 20% A Plex Lifetime Pass grants you access to all of the Pass benefits without the need for a renewing monthly or annual fee. View at PlexNow through September 20, Plex is giving away 20% off a Lifetime Plex Pass with the promo code FOREVERPRO. Even though free Plex membership has its fair share of great benefits, a Plex Pass is well worth the price if you're an avid media watcher. How to get the Plex Pass dealGetting this Plex Lifetime Pass deal is as easy as signing up. When does the Plex Lifetime Pass deal end?
Persons: you've, Plex Organizations: Business, Hulu, Netflix, Amazon Prime Locations: Plex
My husband and I rarely catch up with our own parentsWe see my husband's family about twice a month, as they live nearby. When my kids were small, we took road trips from Chicago to Montana, a 1,400-mile drive that would take 21 hours. The author's trip with her son began in Rafina, a port city near Athens. Wendy AltschulerA one-on-one vacation with my middle childIn June, I took my middle son to Greece on an adventure for just the two of us. I do this with each of my sons, but this time, it was my middle son's turn.
Persons: I'm, Long, we'd, they've, we're, Wendy Altschuler, Nikolas, beryl, I've Organizations: Service, Business, Fira Port Locations: Chicago, Montana, Rafina, Athens, Greece, Paros, Naxos, Santorini, Fira, Oia
Employers know that prioritizing employee wellbeing is the right thing to do, but there are also business benefits. Investing in work wellbeing does more than improve employee morale — it can also drive tangible business benefits. Oxford recently analyzed Indeed's work wellbeing dataset and highlighted a strong correlation between company wellbeing and business performance. Moreover, the Indeed-Oxford research reveals the long-term business benefits of prioritizing employee wellbeing. Indeed further strengthened the business case for work wellbeing with the launch of the Work Wellbeing 100, an index ranking the top 100 publicly traded companies by their Indeed Work Wellbeing Score.
Persons: Russell, — LaFawn Davis, Davis Organizations: Oxford, University of Oxford, Nasdaq, Forrester Research, Companies, Insider Studios Locations: Oxford, millennials
The Federal Reserve is set to cut interest rates Wednesday for the first time in four years, which should make the yields for dividend stocks even more attractive, lifting the group. Using the CNBC Pro Stock Screener tool, we searched for stocks with a dividend yield above 3% and a low debt-to-equity ratio under 60%. Click here to view the results on CNBC Pro's Stock Screener tool and to make your own screener. Coterra Energy and ConocoPhillips are other energy names with strong dividends and attractive returns, according to the CNBC Pro screener. Other strong dividend stocks from the screen include Truist Financial and phosphate and potash mining company Mosaic .
Persons: Morgan Stanley, Devin McDermott, McDermott, Bank of America Wamsi Mohan, Mohan Organizations: Federal, Exxon Mobil, ConocoPhillips —, CNBC, Stock, CNBC Pro's, Energy, Exxon, Chevron, Devon Energy, Coterra Energy, ConocoPhillips, CNBC Pro, Hewlett Packard Enterprise, Bank of America
I wonder if this is collectively the same group that doubted the bull market when it was rallying on narrow breadth led by the Mag 7. Today we'll revisit Meta (META) , the second largest market cap name in the sector behind Alphabet. I currently hold a 7% target allocation in my Tactical Alpha Growth (TAG) portfolio and a 2% target allocation in my Strategic Income & Growth (SIG) portfolio at Inside Edge Capital. -Todd Gordon, Founder of Inside Edge Capital, LLC DISCLOSURES: ( Gordon owns META in his wealth management company Inside Edge Capital. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: Elliott, I'm, Zuckerberg, Todd Gordon, Gordon Organizations: Netflix, Spotify, CNBC Pro, Alpha, Edge, Inside Edge, CNBC, NBC UNIVERSAL
Despite taking a beating in the latter part of August, most chip stocks have staged an impressive relief rally so far. Additionally, it's worth noting that the RSI (Relative Strength Index) is starting to curve downwards, signaling a loss of upward momentum. The trade The trade structure I am using here is called a "bear put spread". THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR.
Persons: AVGO Organizations: Broadcom, Investment, CNBC, NBC UNIVERSAL
See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are down and hovering near 5.60%, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates have decreased and are hovering below 5%, according to Zillow data. Last month, 30-year refinance rates averaged 6.59%, while 15-year refinance rates were around 5.90%. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.
Persons: it's, you'll, Freddie Mac, they've, They'll, refinance Organizations: Fed, Federal Reserve, Zillow Locations: Chevron
With iOS 18, Apple is bringing updates to a wide range of apps and features, including Mail, Photos, iMessage, and Apple Wallet. And while iOS 18 will eventually feature Apple Intelligence features for the iPhone 15 Pro and iPhone 16 lineup, you'll have to wait until October to see those features start rolling out. AdvertisementHere are some of the changes we're most excited about iOS 18. A new home screen designApple iOS 18 lets you customize your home screen wallpaper, app icons, and widgets. Apple Maps is becoming more hiker-friendlyApple Maps will have topographic maps with detailed trail networks and hiking routes with iOS 18.
Persons: , it's, Ronak Shah, You'll, Craig Federighi, Apple Cash, Apple AirPods, Siri, Apple Organizations: Service, Apple, Apple Intelligence, Business, Tapbacks, Google, OpenAI Locations: Siri
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