John Melloy
Senior Editor at CNBC
Senior Editor, Markets and Investing https://t.co/FNmWSgQzKm, CNBC PRO
Articles
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2 weeks ago |
nbcnews.com | John Melloy |Sawdah Bhaimiya
The bond market — not a plunging stock market — is the talk of Wall Street with prices tumbling and yields spiking, unusual action during times when fears of a recession are growing where fixed income is typically considered a reliable safe haven. The 10-year Treasury yield jumped 19 basis points to 4.45% and at one point overnight climbed above 4.51%.
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2 weeks ago |
nbclosangeles.com | Dan Mangan |Kevin Breuninger |John Melloy |Christina Wilkie
This is CNBC's live coverage of how the White House, U.S. trade partners and employers are responding to President Donald Trump's historic tariffs. What you need to know U.S. markets are poised to open higher this morning, after three days of steep losses. The Dow Jones Industrial Average futures rebounded 747 points overnight, or 2%. Trump's tariffs will go into effect at midnight tonight unless they are lifted.
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2 weeks ago |
cnbc.com | Dan Mangan |Kevin Breuninger |John Melloy |Ruxandra Iordache
Finnish minister urges zero U.S.-EU tariffsHistorical allies the U.S. and European Union should have zero tariffs between them, Finnish Foreign Minister Elina Valtonen urged amid the bloc's ongoing efforts to mitigate the impact of 20% White House duties it was slapped with last week. "Engaging in a global trade war is the surest way to achieve a global recession," Valtonen she said during a press conference, in comments reported by Reuters.
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2 weeks ago |
cnbc.com | John Melloy |Tanaya Macheel
Trump posted on Saturday to Truth Social for people to "hang tough" and that this was an "economic revolution."
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2 weeks ago |
flipboard.com | John Melloy |Tanaya Macheel
1 hour agoUS stock futures declined sharply Sunday evening after two sessions of selloffs that wiped away over $5.4 trillion in market value. Dow futures were down 1,500 points, or 4%. S&P 500 futures plunged 4.3%, while Nasdaq futures tumbled 4.7%. Bitcoin joined the declines, too – falling 5.6% to …
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RT @CNBC: Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period https://t.co/fwhOHKR4el
RT @CNBC: Goldman forecasts just a 3% S&P 500 annual return the next 10 years, down from 13% the last decade https://t.co/jvHUBF91vm
RT @CNBC: Hurricane Milton could cause as much as $175 billion in damages, according to early estimates https://t.co/Hlje4mdY52