Chinese U.N. Ambassador Liu Jieyi called on North Korea to “take seriously the expectations and will of the international community” to halt its nuclear and ballistic missile development, and called on all parties to remain “cool-headed” and not stoke tensions. Liu said relevant parties should resume negotiations “sooner rather than later.” To kick-start talks, China […]
Read moreIt’s rare that CNBC’s Jim Cramer comes across stock market sentiment as optimistic as Monday’s, where investors see the glass half full but consider it to be brimming. “In the last 72 hours, we have seen a whole slew of events that might normally give investors pause or make them think, reflect. Instead, this time, […]
Read moreThe United Nations Security Council unanimously stepped up sanctions against North Korea on Monday over the country’s sixth and most powerful nuclear test conducted on Sept. 3, imposing a ban on the country’s textile exports and capping imports of crude oil. It was the ninth sanctions resolution unanimously adopted by the 15-member council since 2006 […]
Read moreAs the proxy fight between activist investor Nelson Peltz and Procter & Gamble continues, P&G President and CEO David Taylor offered a rebuttal to some of Peltz’s suggestions on CNBC. “He’s proposed some things that could be very dangerous to the short term, which is reorganize the company right now, and he’s proposed something very […]
Read moreThe Chinese National Congress is set to meet in mid-October, and some predict the session will have wide-reaching implications for global markets and the economy. Discussions around the growth of the country’s debt in recent years will be particularly consequential, said Chad Morganlander, portfolio manager at Washington Crossing Advisors. “One critical thing to watch is […]
Read moreCheck out the companies making headlines after the bell: Shares of American Eagle Outfitters fell nearly 3 percent. The retailer declared a quarterly dividend 12.5 cents a share, the same amount it has declared since May of 2013, according to a review of press releases on the company’s website. Kroger‘s stock dipped slightly after multiple […]
Read moreIt’s rare that CNBC’s Jim Cramer comes across stock market sentiment as optimistic as Monday’s, where investors see the glass half full but consider it to be brimming. “In the last 72 hours, we have seen a whole slew of events that might normally give investors pause or make them think, reflect. Instead, this time, […]
Read moreWith stocks at record highs, traders are looking to Apple to help extend the market rally Tuesday. But if history is a guide, Apple has a good chance of heading lower. Apple is expected to unveil its widely anticipated iPhone X model, iPhone 8 models, a possible new Apple Watch and other products at a […]
Read moreLeading Wall Street strategist Jason Trennert shared his market and policy outlook and revealed why large-cap tech stocks may be in for a rude awakening in an exclusive interview for CNBC PRO with Mike Santoli. On what the bull market needs to stay alive: “I think you need a catalyst because valuations are at the […]
Read moreThe biggest consumer technology product event of the year will be held Tuesday. Wall Street firms are giddy with optimism, predicting Apple will unveil the most innovative iPhone in years during the Aug. 12 session. “We remain bullish on Apple and continue to be in the ‘supercycle’ camp on the next iPhone, as well as […]
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