Some questions about candlestick patterns for leading tech names have led me to focus on possible downside targets for the S&P 500. Because if the mega-cap growth stocks start to falter, it could be a dangerous summer for our growth-dominated benchmarks. This week we saw bearish candlestick patterns for major technology names, with Nvidia Corp … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading on January 22, 2024 in New York City. Michael M Santiago | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open updates investors with everything they need to know, … Read more
In this photo illustration, the Nvidia logo appears on a smartphone screen and in the background. Rafael Henrique | SOPA images | Light rocket | Getty Images This report is from today’s CNBC Daily Open, our new newsletter for international markets. CNBC Daily Open updates investors with everything they need to know, wherever they are. … Read more
51 minutes ago Mining shares tumble after Anglo American rejects BHP’s takeover bid Mining shares tumbled on Wednesday afternoon after Anglo American rejected a third takeover proposal from rival BHP Group, as the companies agreed to extend the deadline for talks by a week. Anglo shares initially rose before paring gains to 0.65% at 4.10pm … Read more
Marks & Spencer shares are rising after the British retailer posted a 58% annual profit increase Marks & Spencer shares rose on Wednesday, reaching levels last seen in early 2018, according to LSEG data. The company’s shares were last up 7.3% at 10:59 a.m. London time. Stock Chart IconStock chart icon Marks and Spencer The … Read more