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Eric Cantor

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  • *Bank of America shares biggest drag on S&P 500. *World Bank cuts global 2014 outlook. NEW YORK, June 11- U.S. stocks dropped on Wednesday, with the Dow and S&P 500 pulling back from recent record highs, following the World Bank's reduction of its global growth forecast.

  • Wall Street sees shakeup in Washington: Pro     Wednesday, 11 Jun 2014 | 2:01 PM ET

    Discussing how the market is digesting House Majority Leader Eric Cantor's loss, with MIchael Farr of Farr, Miller and Washington, and Zachary Karabell, Envestnet.

  • WASHINGTON, June 11- U.S. House of Representatives Majority Leader Eric Cantor plans to step down as the No. 2 House Republican after a shock election defeat to a Tea Party movement upstart that set off an unexpected scramble for new leadership. The Washington Post reported that Cantor would leave his post effective July 31.

  • NEW YORK, June 11- House Majority Leader Eric Cantor's shocking defeat isn't likely to have much effect on U.S. financial markets-- unless his departure emboldens Tea Party Republicans to again threaten a government shut-down over the debt ceiling next year, investment strategists said.

  • Cantor catalyst for day's drop?     Wednesday, 11 Jun 2014 | 1:39 PM ET

    Discussing how Eric Cantor's primary upset could impact Washington and the markets, with Ben Willis, Princeton Securities Group, and Kenny Polcari, O'Neil Securities.

  • NEW YORK, June 11- Stocks retreated from recent highs on Wednesday, pressured by a lower World Bank growth forecast and a profit warning from Lufthansa, while crude oil rose on fears of disrupted supply from Iraq.

  • US STOCKS-Wall Street dips, but tech helps Nasdaq Wednesday, 11 Jun 2014 | 12:55 PM ET

    *Micron, Amazon rise after analysts' comments. *World Bank cuts global 2014 outlook. Investors expressed caution after the surprising primary election defeat of Eric Cantor, the No. 2 Republican in the House of Representatives, by an upstart candidate from the Tea Party movement.

  • Harold Ford Jr., Morgan Stanley managing director, discusses what's behind the GOP's emergency meeting after House Majority Leader Eric Cantor was upset in the Virginia primary.

  • Cantor defeated: What's next for Republicans?     Wednesday, 11 Jun 2014 | 12:10 PM ET

    Some Republicans are demanding Eric Cantor step down from his post now, reports CNBC's John Harwood.

  • Trading the mid-terms     Wednesday, 11 Jun 2014 | 12:06 PM ET

    Larry McDonald, Newedge USA, discusses how the defeat of House Majority Leader Eric Cantor in the Virginia primary could impact the U.S. economy and immigration, as well as the sectors that will benefit from his defeat.

  • Cantor ramifications on Wall Street     Wednesday, 11 Jun 2014 | 12:01 PM ET

    The FMHR traders discuss what role the defeat of House Majority Leader Eric Cantor in the Virginia GOP primary could have on the U.S. stock market.

  • WASHINGTON, June 11- Republican lawmakers are scrambling to identify the party's future leaders after the shock primary election defeat of Eric Cantor, the No. 2 Republican in the House of Representatives, by an upstart candidate from the Tea Party movement.

  • Brat: Cantor defeat 'was basically a miracle' Wednesday, 11 Jun 2014 | 10:48 AM ET
    Seventh District US Congressional Republican candidate, David Brat.

    Tea party activist David Brat tells CNBC his stunning victory over House Majority Leader Eric Cantor was nothing short of a miracle.

  • Cantor upset: Is Sen. Alexander Next?     Wednesday, 11 Jun 2014 | 10:43 AM ET

    U.S. Senate candidate Joe Carr (R-Tenn.), weighs in on House Majority Leader Eric Cantor's primary loss to David Brat and provides insight to his upcoming election against veteran Tennessee Republican Senator Lamar Alexander.

  • Cantor loss creates uncertainty: Pro     Wednesday, 11 Jun 2014 | 10:17 AM ET

    Bob Doll, Nuveen Asset Management chief equity strategist and senior portfolio manager, discuss how the election loss of House Majority Leader Eric Cantor will affect the U.S. stock market.

  • Dave Brat: Tax code distorts economy     Wednesday, 11 Jun 2014 | 10:10 AM ET

    If elected, GOP congressional candidate Dave Brat of Virginia, discusses how he will change the rift he sees between Main Street and Wall Street.

  • Dave Brat: Free markets in Republican creed     Wednesday, 11 Jun 2014 | 10:07 AM ET

    GOP congressional candidate Dave Brat of Virginia, discusses how his victory over House Majority Leader Eric Cantor may escalate tension within the Republican Party. Brat also discusses competition in America and "too big to fail."

  • Dave Brat: Victory was a miracle     Wednesday, 11 Jun 2014 | 10:06 AM ET

    GOP congressional candidate Dave Brat of Virginia, discusses his victory over House Majority Leader Eric Cantor.

  • Why higher rates could shock stocks: Blankfein Wednesday, 11 Jun 2014 | 9:54 AM ET
    Lloyd Blankfein

    Stocks are calm, but investors need to be vigilant against complacency because it can lead to upheaval in the market, Goldman Sachs CEO tells CNBC.

  • Meet David Brat, the new GOP giant slayer Wednesday, 11 Jun 2014 | 9:54 AM ET
    Seventh District US Congressional Republican candidate, David Brat.

    Who is the tea party Congressional candidate who upset Eric Cantor in a Virginia Republican primary? The Fiscal Times reports.