Shares of small-cap companies, which are often more reactive to economic changes, including a recession, have rallied this year.
Stocks making the biggest moves midday: Moderna, Rivian, Live Nation and more
These are the stocks posting the largest moves in midday trading.
Friday’s S&P 500 and Nasdaq-100 rebalance may reflect concerns over concentration risk
Five companies (Apple, Microsoft, Amazon, Nvidia, and Alphabet) make up about 25% of the S&P 500. Six make up about 40% of the Nasdaq-100.
Retail sales rose 0.3% in November vs. expectations for a decline
Retail sales rose 0.3% in November, stronger than the 0.2% decline in October and better than the Dow Jones estimate for a decrease of 0.1%.
Watch: ECB President Christine Lagarde speaks after rate decision
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
European Central Bank holds rates, will start shrinking balance sheet
A hold from the ECB was widely expected, but investors are more interested in the language it uses to describe the inflation outlook.
Shohei Ohtani — deferring $680 million of his contract for 10 years — may face some financial risks, advisors say
Shohei Ohtani’s $700 million contract defers $680 million for 10 years. Here’s why his unique payout structure could be risky.
NYC rents fall for the first time in over two years
CNBC’s Robert Frank joins ‘Squawk Box’ with the latest news.
Stocks making the biggest moves premarket: Moderna, Adobe, Live Nation and more
These are the stocks posting the largest moves in premarket trading.
Bank of England leaves policy unchanged, says rates to stay high for ‘extended period’
The Bank of England kept its main interest rate unchanged at 5.25% and said monetary policy may “need to be restrictive for an extended period of time.”