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A sell-off in semiconductors pulled stock indexes away from record highs. The rout was led by Dutch chip firm ASML, which shed 17% on Tuesday. The decline overshadowed better-than-expected bank ...
Thursday’s report showed inflation slowed to 2.4% in September from 2.5% in August, according to the consumer price index, but economists were expecting an even sharper slowdown to 2.3%.
NEW YORK (Reuters) -Wall Street lost ground on Tuesday as investors closed the book on a remarkable year for equities, during which the U.S. stock market was powered to record highs by the twin ...
"We had some macro news but somewhat mixed and you know we have a very strong dollar today," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York. A report from ...
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Squawk Box is an American business news television program that airs from 6 to 9 a.m. Eastern time on CNBC. The program is co-hosted by Joe Kernen , Becky Quick , and Andrew Ross Sorkin . Since debuting in 1995, the show has spawned a number of versions across CNBC's international channels, many of which employ a similar format.