Whipsaw in flows catches S&P 500

Whipsaw in flows catches S&P 500

(These are the market notes on today’s action by Mike Santoli, CNBC’s Senior Markets Commentator. See today’s video update from Mike above.) In last Friday’s closing notes here, I offered this idea about the latest bout of market choppiness: “While the China flareup had folks comparing this tape to April’s tariff panic, it’s worth remembering…

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Shipping giant Maersk posts profit beat and raises guidance

Shipping giant Maersk posts profit beat and raises guidance

The container ship Gunde Maersk sits docked at the Port of Oakland on June 24, 2024 in Oakland, California.  Justin Sullivan | Getty Images Danish shipping giant Maersk on Thursday posted stronger-than-expected second-quarter operating profit, citing continued focus on operational improvements despite unprecedented geopolitical volatility. The company, widely considered a barometer of global trade, reported…

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