Corporate earnings forecasts for the second quarter were lowered so much that companies are easily beating them.Market Insiderread more
The central bank is not normally in the business of easing into an economy that is showing few signs of a recession, generally holding fire until more pronounced signs of a...The Fedread more
His case for gold comes as central banks get more aggressive with policies that devalue currencies and are about to cause a "paradigm shift" in investing.Marketsread more
Challenging conditions in the U.S. housing market, along with tighter currency controls by the Chinese government, cause a stunning drop in foreign demand for American homes.Real Estateread more
House Speaker Nancy Pelosi says she wants her chamber to vote on a debt ceiling and budget deal by July 26.Politicsread more
Philips has acquired a start-up that texts you about your poop. That's Medumo, a Boston-based company, which works with hospitals to guide their patients through common...Technologyread more
The "'Cadillac tax," set to go into effect in 2022, is unpopular with both Republicans and Democrats, who say it punishes the middle class.Health and Scienceread more
The declaration comes days after a case of the virus was confirmed in the Congolese city Goma, which borders neighboring country Rwanda.Health and Scienceread more
Federal Judge William Pauley wrote in a court filing made public Wednesday that materials related to a campaign finance probe of Cohen should be unsealed — and denied a...Politicsread more
The U.S. economy continued growing at a "modest" rate in recent weeks, with consumers continuing to spend and a "generally positive" outlook overall even in the face of...Economyread more
CSX said it expects revenue to fall as much as 2% in 2019, well below a previous forecast of an increase of 1% to 2%.Marketsread more
Data from CNBC partner Kensho indicates that the Nasdaq 100 is the best bet among stock indexes after a jobs report miss like the one posted Friday — 151,000 jobs added versus an expectation of 180,000 jobs.
One of the biggest trends among fund flows in August was investors flooding back into the Powershares QQQ, the Nasdaq 100 ETF. As long as the market expects the Fed to remain patient, rather than following through on a rate hike in September, the risk-on mood may persist among investors. Traders dropped their bets that the Fed will hike in September to 25 percent after the Friday jobs report miss.
A look at S&P sectors mirrors the index history, showing tech as the leader in these month-long periods, with the S&P technology posting the best returns in the month after this kind of jobs report miss.