
Sarah Min
Investing Reporter, CNBC Pro at CNBC
reporting @CNBCPro | alum @newmarkjschool | tips: [email protected]
Articles
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1 week ago |
cnbc.com | Sarah Min
Trade talks will continue to be critical in the week ahead, as equities mount an impressive rally on hopes the U.S. economy is strong enough to weather the fallout from Trump's tariffs. The S & P 500 has made a huge comeback since the post-April 2 sell-off, recouping all its losses after the latest jobs report spurred hopes the U.S. could dodge a recession, and China reportedly signaled a willingness to come to the table on trade talks.
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2 weeks ago |
cnbc.com | Sarah Min
Microsoft 's breakout rally after a stellar earnings report is warranted, but investors shouldn't expect the same to hold true for every other Big Tech company, according to Josh Brown . Microsoft's earnings "made everyone in every Nasdaq stock feel better given how much is riding on this continued capex boom supporting the current valuations in the space. So, look, this is an extraordinary comeback — it's a magnificent company," Brown told CNBC's "Halftime Report" on Thursday.
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2 weeks ago |
cnbc.com | Sarah Min
Wednesday's first-quarter GDP report did little to calm fears the U.S. may already be in a recession, or is headed for stagflation, where stubborn inflation is coupled with sluggish growth. Stocks sold off in midday trading Wednesday, though they were off their worst levels of the trading session, after the Commerce Department said first-quarter gross domestic product fell at a 0.3% annual pace.
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2 weeks ago |
cnbc.com | Sarah Min
HSBC is the latest bank on Wall Street to cut its S & P 500 year-end forecast, citing tariff uncertainty that continues to challenge business. Nicole Inui, head of equity strategy, Americas, slashed her S & P 500 year-end target by more than 16%, to 5,600 from 6,700. The new forecast implies the broad market index will end the year about in line with where it is currently, meaning just a 1% move above Monday's close of 5,528.75. "We revise down earnings expectations," the strategist wrote.
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2 weeks ago |
nbcnews.com | Sarah Min
President Donald Trump’s first 100 days in office are the worst for the stock market for the start of a president’s four-year term since the 1970s. The S&P 500′s 7.9% drop from when Trump was sworn into office on Jan. 20 through the April 25 close, is the second worst first 100-day performance going back to the beginning of President Richard Nixon’s second term, according to CFRA Research.
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