These are the stocks posting the largest moves in midday trading.
Category: Finance News
Hot inflation data pushes market’s rate cut expectations to September
March’s consumer price index release Wednesday helped verify worries that inflation is proving stickier than thought.
WTO forecasts rebound in global trade but keeps geopolitical risks in focus
The World Trade Organization said Wednesday that it expects global trade to rebound gradually this year before rising further in 2025 as the impacts of higher inflation fall into the rearview mirror.
Consumer prices rose 3.5% from a year ago in March, more than expected
The consumer price index in March was expected to increase 3.4% from a year ago, according to the Dow Jones consensus estimate.
Stocks making the biggest moves premarket: Albemarle, Deckers Outdoor, GoodRx, Nvidia and more
These are the stocks posting the largest moves in premarket trading.
Rise of passport portfolios: Here’s what to know
CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news.
The rich are getting second passports, citing risk of instability
The top destinations for supplemental passports among Americans are Portugal, Malta, Greece and Italy, according to a leading law firm.
New York Community Bank’s online arm is paying the nation’s highest interest rate
NYCB raised the rate offered via its online arm My Banking Direct to 5.55%, higher than any other U.S. savings account, weeks after needing a capital infusion.
China needs a narrative that house prices are going to rise, Nomura’s Koo says
China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo, chief economist at Nomura.
Wells Fargo’s Chris Harvey says ‘I don’t feel bullish’ — a day after hiking S&P year-end target to highest on Street
The bank’s head of equity strategy has hiked his S&P 500 target to 5,535.