Check out the companies making the biggest moves midday: GXO Logistics — The stock popped more than 11% after the supply chain and warehousing management firm raised its full-year earnings outlook. The company now sees earnings before interest, taxes, depreciation and amortization, or EBITDA, between $860 million and $880 million. GXO also appointed Patrick Kelleher…
Chinese Premier Li Qiang spoke at the World Economic Forum’s annual “Summer Davos” event in 2024, which was held in Dalian, China. Bloomberg | Bloomberg | Getty Images TIANJIN, China — Chinese Premier Li Qiang on Wednesday called on other countries to collaborate on trade, despite rising tariffs and other barriers. “Globalization will not be…
Owner Jeanie Buss of the Los Angeles Lakers and Jay Mohr prior to game one of a first round NBA basketball game between the Los Angeles Lakers and the Minnesota Timberwolves at Crypto.com Arena in Los Angeles on Saturday, April 19, 2025. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images The Buss…
These are the stocks posting the largest moves in early trading. <
The S&P 500 rose 1.1% on Tuesday and is now less than 1% off its record high. A second day of falling oil prices lifted stocks. What CNBC is watching Wednesday. <
A variety of school supplies, including lunch boxes and backpacks in different colors and patterns, are on display for the upcoming school year. Deb Cohn-Orbach | UCG | Universal Images Group | Getty Images Families are not holding back on back-to-school spending this year, despite growing economic pressure, according to a new PwC consumer survey….
Federal Reserve Governor Christopher Waller said Friday that he doesn’t expect tariffs to boost inflation significantly so policymakers should be looking to lower interest rates as early as next month. In a CNBC interview, the central banker said he and his colleagues should move slowly but start to ease as inflation is not posing a…
Traders work at the New York Stock Exchange on June 18, 2025. NYSE S&P 500 futures were near flat Tuesday night as investors watch to see if the benchmark index can return to its all-time high. Futures tied to the broad index ticked down less than 0.1%, while Dow Jones Industrial Average futures lost 13…
A Compass Realty sign is posted in front of a home for sale on June 23, 2025 in Greenbrae, California. Justin Sullivan | Getty Images News | Getty Images Rising supply and slowing demand in the housing market are finally causing prices to cool off, and the weakness is accelerating. Home prices nationally rose just…
Kilito Chan | Moment | Getty Images Electricity prices are rising quickly for U.S. households, even as overall inflation has cooled. Electricity prices rose 4.5% in the past year, according to the consumer price index for May 2025 — nearly double the inflation rate for all goods and services. The U.S. Energy Information Administration estimated…
