Stocks surged after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit.US Marketsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
The move is part of a larger trend that saw the survey's 179 participants move away from risk and toward positions that reflect fear of a coming economic slowdown spurred by a...Marketsread more
Shares of Beyond Meat soared 18% in premarket trading Tuesday, surpassing $200 per share.Food & Beverageread more
The yield on the benchmark 10-year Treasury note fell to its lowest level since September 2017 as the Fed began its two-day policy meeting.Bondsread more
Investors bracing themselves for lower Federal Reserve rates should think about loading up on health care stocks, history shows.Marketsread more
AirDrop is being used by young people to send memes to strangers, which is fun, but it's also being used to send nude pictures to strangers.Technologyread more
Elon Musk has said that a brain-computer interface is 'coming soon,' but he is known for overly ambitious deadlines. Still, some of the boldest tech ideas are going to be...Technology Executive Councilread more
Trump went after Draghi for opening the door for more monetary stimulus in Europe, which would weaken the euro relative to the dollar.Marketsread more
Private equity billionaire David Rubenstein says he's spoken with U.S. and Chinese officials. "My view is both sides want a deal."Economyread more
Big moves in a handful of stocks provided traders with a worrying signal—an "ultra-high" level of leverage in the stock market, veteran trader Art Cashin told CNBC on Wednesday. The trend could mean more volatility going forward, he added.
Cashin said he saw a dozen stocks make 7 to 8 percent moves on Tuesday without any specific headlines to justify those swings. That left traders curious, and Cashin said they settled on high levels of leverage as a culprit behind the moves.
"People must be three or four times normal leverage," Cashin said. "We've seen margin accounts go up. We knew the hedge funds were playing. But to see extreme moves like that on nonspecific news tells me there's a lot of leverage out there. ... If we start to get a protracted move, it could get very volatile."