Markets soar on dovish Fed

U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the headquarters of the Federal Reserve on December 13, 2023 in Washington, DC. Win Mcnamee | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to … Read more

European Central Bank to focus on shrinking its balance sheet

Christine Lagarde, president of the European Central Bank (ECB). Bloomberg | Bloomberg | Getty Images FRANKFURT — The European Central Bank meets this week with investors closely monitoring to see when the Frankfurt institution might start to cut interest rates. It will be too early to declare victory in the battle against inflation, but with … Read more

The good and the bad of the U.S. CPI

Gas prices are seen at a Chevron gas station in Los Angeles on September 28, 2023.  Robyn Beck | AFP | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

Stock Markets: A new AI gem

Signage is displayed outside the Broadcom offices on June 7, 2018 in San Jose, California. Justin Sullivan | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Blackrock, AIIB among backers of Asia-focused Seraya Partners Fund I

Wind turbine blades rotate in the tidal flat in Yancheng city, Jiangsu province, China, November 18, 2023. Nurphoto | Nurphoto | Getty Images Top global asset managers including Blackrock are among investors in an Asia-focused infrastructure private equity fund that raised $800 million, underscoring growing interest in the asset class amid market volatility. The Seraya … Read more

Stock Markets: Another AI gem

An employee walks through the parking lot at a Broadcom office on June 03, 2021 in San Jose, California. Justin Sullivan | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more

Treasury yields inch higher ahead of Fed meeting

U.S. Treasury yields were fractionally higher on Monday, as investors look ahead to this week’s Federal Reserve policy meeting. The yield on the benchmark 10-year Treasury note was 3.1 basis points higher at 4.277%. The yield on the 30-year Treasury bond was 2 basis points higher at 4.35%. Yields move inversely to prices. Traders are … Read more

CNBC Daily Open: AI to the rescue

A photo taken on November 23, 2023 shows the logo of the ChatGPT application developed by US artificial intelligence research organization OpenAI on a smartphone screen (left) and the letters AI on a laptop screen in Frankfurt am Main, western Germany. Kirill Kudryavtsev | Afp | Getty Images This report is from today’s CNBC Daily … Read more

CNBC Daily Open: AI saves the day

This photograph shows a screen displaying the logo of Bard AI, a conversational artificial intelligence software application developed by Google, and ChatGPT. Lionel Bonaventure | Afp | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to … Read more

Three days is a streak

People walk by the New York Stock Exchange (NYSE) on November 02, 2023 in New York City.  Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter … Read more