U.S. Stocks Slide as Treasury Selloff Deepens
U.S. stocks started the week on a down note following the latest setback for peace talks in the Middle East and a deepening of last week's selloff in U.S. Treasurys.
Market News
Jefferies quarterly profit jumps on deal surge, equities trading strength
Jefferies Financial posted an increase in third-quarter profit on Monday as higher fees from advising on deals and underwriting stock sales were complemented by a record haul in equities trading business.
FAA to Delay 737 MAX 10 Approval Over New Software Glitch
Air-safety regulators will assess a possible safety risk before certifying of the longest and final model of Boeing's bestselling jet.
BOMBSHELL: Trump says he is SERIOUSLY considering a diesel export ban
'The Big Money Show' panel discusses market sentiment as rising oil prices send the 10-year Treasury yield soaring. The panel also analyzes President Donald Trump's foreign policy on Iran and diesel export bans.
Zuckerberg, Amodei among tech executives set to meet Trump Tuesday
Anthropic CEO Dario Amodei and Meta CEO Mark Zuckerberg are among the tech names set to meet Tuesday with President Donald Trump, CNBC confirmed. The meeting follows Trump's Sunday dinner with Amodei amid the debate over frontier AI development and safeguards.
Why Meta's Muse May Support The AI Bull Market
Higher oil prices and interest rates have stalled the broadening trade, but the structural artificial intelligence growth story has remained intact. Meta's launch of Muse offered evidence that consumer AI adoption could turn investment into future growth and earnings.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats From Session Highs As Trump Is Reportedly Ready To Ease Iran Sanctions
According to recent reports, Trump may ease sanctions on Iran in case the country demonstrates progress on nuclear issues.
The U.S. and China agree to $60 billion in tariff cuts on products like dolls and fireworks. Rare earths remain a sticking point.
There were no major breakthroughs on big issues including AI, Iran and Taiwan.
Fed's Cook Expects Continuing Inflation Pressure From AI Buildout in Coming Months
Looking ahead, Lisa Cook said she will consider what policy rate may be needed to continue to guide inflation down to target.
Duffy, airlines urge Congress to quickly approve $30 billion for aviation reforms
US Transportation Secretary Sean Duffy, major airlines and other groups on Monday urged Congress to quickly approve another $30 billion for air traffic control towers, software and digital upgrades as well as improving airport facilities.
What Makes ASE Technology Hldg (ASX) a Strong Momentum Stock: Buy Now?
Does ASE Technology Hldg (ASX) have what it takes to be a top stock pick for momentum investors? Let's find out.
A Federal Reserve employee transferred potentially sensitive files outside the central bank just before retiring, exposing gaps in the Fed's security efforts, according to an internal report
The central bank told an internal watchdog it would improve security after the finding.
Equities Unfazed By Spike In Rates Volatility
US bond yields climbed to a two-decade high last week, yet reaction in the cross-asset vol market was mixed. While SPX index volatility was mostly unch'd last week, single stock volatility increased further, with the VIXEQSM Index up another 2 pts to 38.5%.
Trump to announce planned $15 billion steel plant, would be largest in U.S. history
President Donald Trump will announce Mesabi Metallics' plan to invest about $15 billion in a steel plant in Iowa, a White House official told CNBC. The planned steel plant aims to begin production in 2030 and would create an estimate 1,750 full-time jobs, the official said.
September Changed The Market Narrative, And Hopefully Taught Apple A Big Lesson
Since the tech trade (SMH) peaked earlier this year, the market demonstrated its resilience as the equal-weighted S&P 500 (RSP) and the IWM moved higher, while SMH moved lower. With ample warning, RSP and IWM peaked in August and broke down in September.
Trump Administration Ends Tougher Fuel-Economy Rules
The new government rules will require an average of 34½ miles a gallon for vehicles by model year 2031, down from the Biden administration's 50.4 miles a gallon standard.
Schwab's Liz Ann Sonders on 10-year Treasury yield: Move up has been justified by the fundamentals
LIz Ann Sonders, Schwab Center for Financial Research chief investment strategist, joins 'Squawk on the Street' to discuss the day's market action.
Rapidan Energy CEO: Diesel export ban would provide only temporary relief
Scott Modell, Rapidan Energy CEO, joins 'Squawk on the Street' to discuss the president considering a diesel export ban as U.S. fuel prices soar.
Core PCE, GDP, Other Inflation Data Set to Move Equities & Bonds This Week
@CharlesSchwab's Liz Ann Sonders says we have not "put the inflation genie back in the bottle by any means." She highlights core PCE, GDP, and PMI data this week as candidates set to move the stock and bond markets.
AI safety concerns in focus
OpenAI said it is conducting an “extensive” ongoing review of its models' actions after the Hugging Face incident. CNBC's Kate Rooney reports.
