The stocks that led the losses on Thursday, reopening plays and banks, led the gains on Friday.
Kategorie-Archiv: CNBC Financial News
Stocks making the biggest moves after hours: Levi Strauss, General Motors, Accolade and more
See which stocks are posting big moves after the bell.
Number of workers unemployed for more than a year jumps by 248,000
Long-term unemployment is persistent for some workers even as the U.S. recovery seems to be gaining steam.
Britain’s crackdown on Binance boosts the cryptocurrency exchange’s rivals
The U.K.’s Financial Conduct Authority recently moved to block Binance, the world’s top crypto exchange, from operating in the country.
China signals easier monetary policy, reviving worries about weaker growth
China’s top executive body said late Wednesday the central bank would stimulate the economy with cuts to the amount of funds banks need to hold in reserve.
China’s central bank is ‚quite worried‘ about global risks from some digital currencies
Meanwhile, the People’s Bank of China’s digital yuan now has more than 10 million users, Fan Yifei, a deputy governor at the central bank, said Thursday.
Don’t give up on value trades because ‚the economy is on fire,‘ Credit Suisse’s Jonathan Golub says
Credit Suisse’s Jonathan Golub isn’t jumping on the growth stock bandwagon.
Dow drops 350 points amid global economic recovery concerns, bond yields slide
The major U.S. stock indexes fell on Thursday on concern about the global economic comeback from Covid-19.
Scaramucci says China’s Didi crackdown as assault on capitalism, ‘form of political terrorism’
„We’ve got to give a big pushback to what’s going on because it’s an assault on capitalism,“ Hedge fund founder Anthony Scaramucci told CNBC.
Satellite imagery company Planet Labs is going public, backed by Google, BlackRock and Marc Benioff
Satellite imagery and data specialist Planet Labs is preparing to go public, merging with a SPAC to list on the NYSE.