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CNBC Daily Open: It’s not unexpected markets are back to preelection levels​

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.

What you need to know today​

Markets ended week in the red
U.S. markets slumped on Friday and ended the week lower. The S&P 500 fell 1.32%, the Dow Jones Industrial Average slipped 0.7% and the Nasdaq Composite tumbled 2.24%. Asia-Pacific stocks mostly rose on Monday. South Korea’s Kospi was up around 1.7% after shares of Samsung Electronics jumped. Japan’s Nikkei 225 was the outlier, falling 1%.

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Commodity Roundup: BMI flags downside risks to gold in 2025; eyes on Ukraine-Russia war​

Gold prices rose on Monday as the U.S. dollar eased, while crude prices edged up as investors weighed potential supply disruptions amid the latest developments in the Russia-Ukraine conflict.

Spot gold (XAUUSD:CUR) climbed +1.19% to $2,592.97 an ounce by 5:50 am ET, following a steep weekly fall.

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Ultra Large Containerships Coming to America as China Opens a $1.3 Billion Megaport...In PERU!​

Nov 18, 2024 #supplychain #containers #containership

In this episode, Sal Mercogliano - a maritime historian at Campbell University (@campbelledu), and former merchant mariner - discusses the opening of the latest mega port by the Chinese in their Maritime Silk Road at Chancay, Peru and what it means for the shipment of containers to the Americas.


15:26

- Marine Traffic marinetraffic.com
- Megaport opens up Latin America to Chinese trade as US looks on https://www.bbc.com/news/articles/ckg...
- Starting Latin America Trip, Xi Jinping Opens Huge Port in Peru Funded by China https://gcaptain.com/starting-latin-a...
- China’s $1.3 Billion Gamble on Peru Port Faces Snags From Andes to Amazon https://gcaptain.com/chinas-1-3-billi...
- Peru Concedes in Port Spat with China COSCO https://gcaptain.com/peru-concedes-in...
 

Senate Farm Bill Proposal: Key Points and Implications​

Nov 19, 2024

The Senate's farm bill proposes a significant investment of $39 billion in new resources. These funds are primarily directed towards:

1. Strengthening the farm safety net
2. Improving access to nutrition assistance
3. Enhancing rural community quality of life

This substantial financial commitment could potentially transform the agricultural industry, providing vital support to farmers and stakeholders facing challenges in the current market.


4:14
 

Nasdaq jumps 1% as Wall Street looks past Russia-Ukraine tensions, Nvidia shares surge: Live updates​

The Nasdaq Composite gained Tuesday, driven by Nvidia shares, as investors shrugged off concerns of mounting geopolitical tensions between Ukraine and Russia.

The Nasdaq popped 1.04% to finish at 18,987.47, while the S&P 500 gained 0.4% to end at 5,916.98. The Dow Jones Industrial Average dipped 120.66 points, or 0.28%, to settle at 43,268.94.

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Copper Drops Post-Election: What’s Next for Scrap Prices?​

📈 Check Scrap Prices: https://iScrapApp.com/ - Dive into the latest developments in the scrap metal industry following the election. With shifting policies and global economic pressures, markets are reacting surprisingly. From a drop in copper prices to aluminum’s steady rise, here’s what scrappers need to know this week!
👉 Read more: https://iscrapapp.com/blog/weekly-scr...


22:45
 

Record ethanol production and soy crush provide silver linings | Weekly Commodity Market Update​

Nov 21, 2024 #agriculture #news #markets

This week Will and Ben review record ethanol and soy crush numbers and the wide swings in wheat prices.


13:46
 
CLS Week 47 (registration is free)

Fearnleys Week 47


 

Dow rises more than 400 points for record close, Wall Street posts weekly gain: Live updates​

The Dow Jones Industrial Average advanced on Friday as the major U.S. indexes headed for weekly gains.

The blue-chip Dow gained 384 points, or 0.9%. The S&P 500 added 0.3%. The technology-heavy Nasdaq Composite rose 0.2%, with gains restricted due to slides of more than 3% and 1% in Nvidia and Alphabet, respectively.

All three major averages are on track to end the week more than 1.5% higher. That marks a turn from last week, when Wall Street’s postelection rally stalled.

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The Sports of Kings: Sovereign Wealth Funds, Formula One | Wall Street Week​

Nov 22, 2024
This week, we ask whether the US should create its own sovereign wealth fund. Plus, a look inside the business of auto racing with the drivers, sponsors and engineers who help make Formula One one of the world's most-watched sports.


56:46

Chapters:
00:00:00 - Understanding sovereign wealth funds
00:13:41 - Lessons from Alaska's SWF
00:23:51 - Business of Formula One
00:35:06 - Winning on and off the track
00:47:31 - What economists can learn about elections
 

Stock futures rise Sunday ahead of shortened trading week: Live updates​

U.S. stock futures climbed Sunday night as Wall Street kicked off a shortened Thanksgiving trading week. Markets are closed on Thursday for Thanksgiving Day and end early on Friday.

Dow Jones Industrial Average futures rose 221 points, or 0.5%. Futures tied to the S&P 500 and Nasdaq-100 advanced 0.4% each.

The major averages are coming off a winning week as the postelection rally picked up again. The 30-stock Dow advanced around 2% last week and finished at a record close. Meanwhile, the broad market index and Nasdaq Composite each rose about 1.7%. The small-cap Russell 2000 jumped roughly 4.5% during the week.

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Take Five: Under pressure​

LONDON, Nov 25 (Reuters) - World markets continue to assess what the impending U.S. administration of President-elect Donald Trump administration will bring, as attention turns to an escalation of the war in Ukraine.

The U.S. Thanksgiving holiday will usher in a key shopping period, while inflation is in focus in Japan and Europe.

Here's a look at the week ahead from Rae Wee in Singapore, Lewis Krauskopf in New York, and Naomi Rovnick, Amanda Cooper and Yoruk Bahceli in London.

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Dow futures gain 300 points Monday following Trump’s pick of Bessent for Treasury: Live updates​

U.S. stock futures climbed Monday as Wall Street kicked off a shortened Thanksgiving trading week.

Dow Jones Industrial Average futures rose 302 points, or 0.7%. Futures tied to the S&P 500 climbed 0.5%, and Nasdaq-100 futures advanced around 0.6%.

Wall Street is coming off a winning week as the postelection rally picked up again. The 30-stock Dow advanced around 2% last week and posted a record close on Friday. The S&P 500 and Nasdaq Composite each rose about 1.7%. The small-cap Russell 2000 jumped roughly 4.5% during the week.

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Morning Bid: Treasuries rally on Bessent pick, dollar retreats​

November 25, 2024

A look at the day ahead in U.S. and global markets from Mike Dolan

U.S. Treasury yields slipped back on Monday after Wall Street money manager Scott Bessent got the nod to be the next Treasury Secretary, with markets hoping his take on tax cuts and tariffs may at least be sensitive to edgy investor concerns.

Ahead of the Thanksgiving holiday week, President-elect Donald Trump ended intense speculation over the Treasury pick late on Friday and put Bessent forward for the job.

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Stock futures inch higher on Monday after Dow closes at another record: Live updates​

tock futures edged higher in overnight trading Monday, after the Dow Jones Industrial Average closed at a new record.

Futures tied to the Dow added 45 points, or 0.1% while S&P 500 futures and Nasdaq 100 futures each rose about 0.15%.

Kohl’s dropped 4% in overnight trading after announcing its CEO would be stepping down in January.

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