CNBC Asia

12 hours ago | cnbc.com | Jesse Pound

The market's leading tech stocks don't hold the same sway they once did, and that may change the ingredients needed for a Wall Street rally. The Roundhill Magnificent 7 ETF (MAGS) — which holds shares of Microsoft , Apple , Alphabet , Tesla , Amazon , Nvidia and Meta Platforms in roughly equal measure — is now down 17% for the year. That's more than double the drop of almost 7% in the S & P 500 . MAGS YTD mountain This Mag 7 fund is underperforming the broader market in 2025.

13 hours ago | cnbc.com | Kelsey Neubauer

Thanks to elevated mortgage rates and a housing shortage, homebuying is more expensive than ever. In fact, you'd need to earn six figures to afford a median-priced home in all but 15 states, according to a new report from real estate platform Realtor.com. The site's affordability analysis also revealed that, in nearly half the country, an average four-person household doesn't bring home enough to afford monthly mortgage payments on a median-priced three-bedroom house.

18 hours ago | cnbc.com | Jesse Pound

People walk by the New York Stock Exchange on April 4, 2025 in New York City. The efforts by President Donald Trump and his administration to reshape the global economy will likely damage the economy and financial assets, according to hedge fund giant Bridgewater Associates. Co-CIOs Bob Prince, Greg Jensen, Karen Karniol-Tambour said in a newsletter Wednesday that the world is undergoing a "rapid shift to modern mercantilism" that could have a negative outcome for the economy.

1 day ago | cnbc.com | Dylan Butts

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1 day ago | cnbc.com | Jesse Pound

The stock market notched a second-straight solid session on Wednesday, buoyed by more hints that the Trump administration may soften its approach on tariffs, but it might take something more substantive for this rebound to turn into a true rally. At its highs of the session, the S & P 500 topped out near 5,470. Even on up days during the last few volatile weeks, the market has failed to get back to the 5,500 level, which is close to its pre-April 2 low from March.