Stockmarket News | LeadStory

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Global shares jump as investors eye potential end to U.S. shutdown

Global shares rose on Monday on optimism that an end to the historic U.S. government shutdown was in sight, while yields rose and the dollar nursed losses from last week.

Reuters

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Wall Street bonuses set for record

Wall Street's bonus pool is on track to smash records this year. New York's top banks are cashing in on a stock market surge and revived dealmaking fueling profits and, in turn, the city's tax coffers. But the windfall is also sharpeni...

Bloomberg

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Why gold holds so much appeal in uncertain times

As the price of gold continues to climb people are scrambling to cash in. Michelle Ghoussoub reports on the latest gold rush and the reasons why the value just keeps climbing.

CBC News

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More working-class Americans investing in the stock market

A new survey conducted by the BlackRock Foundation and Commonwealth found that 54% of Americans living on low-to-moderate incomes, between $30,000 and $80,000 a year, are putting some of their money in the stock market.

CBS America

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Markets rebound after Trump softens tone on China tariffs

The U.S. stock market rebounded on Monday (October 13) after President Trump appeared to walk back imposing new tariffs on Chinese goods.

CBS News

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Dow slides after Trump threatens more China tariffs

The stock market is reacting to President Donald Trump's latest comments on social media about tariffs against China. CBS News' Natalie Brand reports.

CBS America

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Gold, precious metals surge amid flight to safety

Spot gold has topped $4,000 an ounce for the first time this year, with silver and platinum also rising. Experts say the rally reflects investors seeking safety amid growing market uncertainty.

Bloomberg

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French markets tumble after PM Lecornu resigns

A selloff in French markets gathered pace after French media reports that Prime Minister Sebastien Lecornu has resigned. French stocks fell sharply, government bond yields were up 8 basis points and the euro was last down 0.65% at $1.1667.

France 24

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How to trade amid U.S. shutdown, jobs data delay

Seema Shah of Principal Asset Management discusses the hold up in the Bureau of Labor Statistics' readout of nonfarm payrolls data and how it could affect traders, economists and central bankers.

Bloomberg

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Iran’s stock market dream fades, leaving small investors frustrated

Iran's stock market, once a symbol of hope, now leaves millions of ordinary investors grappling with losses and broken promises.

Al Jazeera

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Wall Street climbs as investors brush off shutdown uncertainties

U.S. stocks closed modestly higher on Monday as investors bought heavyweight technology stocks and shrugged off the uncertainty of a potential U.S. government shutdown and hawkish remarks from a Federal Reserve official.

Reuters

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Zijin gold soars in HK debut

Zijin Gold jumped in its Hong Kong trading debut after the international unit of China's biggest miner raised $3.2 billion in the world's largest initial public offering since May. Bloomberg's Minmin Low reports from the Hong Kong Exchange.

Bloomberg

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Ames: Saudi banks are winners from foreign ownership change

Saudi Arabia's stock market surged after Bloomberg reported the Kingdom may soon ease foreign ownership limits for listed companies. Investors are betting on a flood of investment to the Gulf nation, if it eases the current cap of 49%.

Bloomberg

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Wedbush's Ives sees 'bright green light' for tech stocks

Dan Ives, Wedbush Securities managing director and global head of technology research, says the Federal Reserve's rate cut cycle will "turbocharge" the rally in tech stocks.

Bloomberg

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Global markets watch as Trump challenges Fed independence

The eyes of the global financial markets are on the US Federal Reserve. It's expected to be cut later on Wednesday, around a quarter-point. But US President Donald Trump has called repeatedly for much steeper rate cuts.

Al Jazeera

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Alphabet's market cap tops $3 trillion

Alphabet, the parent company of Google, joins an exclusive club. It's now worth more than $3 trillion with shares worth about $251. Mandeep Singh of Bloomberg Intelligence has more on "Bloomberg The Close."

Bloomberg

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JPMorgan says stock and bond rally can continue ‘for a while’

Julio Callegari of JPMorgan Asset Management says stocks and bonds could continue rising due to a “Goldilocks” economic environment. He discussed the market outlook on Bloomberg, highlighting conditions that may support ongoing gains in ...

Bloomberg

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Wall Street reacts after appeals court rules Trump's tariffs illegal

U.S. investors returning from Labor Day break on Tuesday were hit with fresh uncertainty over trade policy after a federal appeals court ruled most of President Donald Trump's sweeping tariffs are illegal.

Reuters

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Markets react to ruling that most of Trump's tariffs are illegal

An appeals court ruled last Friday that many of President Trump's tariffs are illegal, but declined to immediately block them. Akin Oyedele, deputy editor of newsletters for Business Insider, discusses the market reaction to the decision.

CBS America

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Stocks fall flat after interest rate announcement rally

Federal Reserve Chair Jerome Powell signaled on Friday that interest rates would be lowered at some point soon, rallying stock markets. On Monday, markets fell flat.

CBS America

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Howard Marks says stocks seem expensive to 'reality'

Howard Marks, co-chairman at Oaktree Capital Management, says he finds stocks expensive "relative to what I call fundamentals, or you might call reality," but says there's no reason to think there's a correction coming.

Bloomberg

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Gold jeweler selling 'royal' designs is defying China's economic slump

In a year when traditional luxury brands are struggling to attract buyers in the Chinese market, one notable exception has emerged: gold. Laopu Gold, a homegrown brand, has surged in popularity with its stock price skyrocketing.

Bloomberg

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Spirit Airlines warns of potential inability to stay in business

Shares of Spirit Aviation Holdings, the parent company of Spirit Airlines, plummeted on Tuesday after the company warned of "substantial doubt" about its ability to stay in business.

CBS America

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U.S. copper plunges after Trump's tariff surprise

President Donald Trump imposed 50% tariffs on copper imports, but exempted refined metals that are the mainstay of international trading, triggering a record plunge for U.S. prices. Martin Ritchie reports on Bloomberg Television.

Bloomberg

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Meta shares jump as Zuckerberg stands firm on AI bets

Meta Platforms forecast third-quarter revenue well above analysts' estimates, as artificial intelligence once more powered its core advertising business, sending its shares soaring 11% in extended trading.

Reuters

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EU-U.S. trade deal brings relief but leaves Europe bitter

European financial markets breathed a sigh of relief as the US and EU averted a full-blown trade war, though European leaders criticised the lopsided deal. While German automakers secured a reduction in car tariffs from 25% to 15%, the ...

Al Jazeera

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Stocks rise after U.S.-EU trade agreement brings clarity

Global stocks rose after a trade agreement between the United States and the EU lifted sentiment and provided some clarity in a week of key policy meetings by the Federal Reserve and the Bank of Japan.

Reuters

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Investors brace for Trump's Aug. 1 tariff deadline

Investors are bracing themselves for second-quarter corporate earnings reports. Meanwhile, Commerce Secretary Howard Lutnick said on "Face the Nation with Margaret Brennan" that the White House is expecting major trade deals over the nex...

CBS News

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Stocks inch higher with August 1 tariff deadline approaching

Stocks finished the day up slightly with President Trump's new August 1 trade deal deadline looming. CBS News contributor Javier David has more.

CBS America

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Changes in Trump's tariff policies do not seem to spook investors

Stocks fell across the board on Friday after President Trump threatened a new 35% tariff on Canada. CBS News contributor Javier David breaks down the market's reaction.

CBS America