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CNN Business' expert reporters lead you through the latest news in the fast-changing world of global markets, with sharp insights, essential context, and exclusive interviews so you can make the most of the business day ahead. Why you can feel good about your job prospects for a while longer Before The Bell Plus, Warren Buffett speaks and investors listen. US stock futures are slipping a little. Markets in Europe are mostly weaker while in Asia the maior markets ended mixed. Plus, home sales and prices rose in January as eager homebuyers returned to the market.
Cnn stock futures
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In Europe, the major markets are all making gains. Traveling teachers work with families who travel the world — here's what it pays. Tech layoffs 'AI phones' See-through screen.
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Today's close marked the end of the second quarter, during which investors grappled with the uncertainties of geopolitical unrest, high levels of inflation, Covid lockdowns and a hawkish Federal Reserve. As stocks settle after the trading day, levels might still change slightly. After plunging more than points, the Dow is well off its lows, down only points, or 0. The Nasdaq is still down 0. Markets this year have been roiled by a number of unfriendly headwinds: Russia's war in Ukraine, Covid lockdowns in China, surging inflation and aggressive rate hikes by the Federal Reserve. All of these factors have fueled investor fears of a recession, causing a rush to the exits.
Cnn stock futures
US stocks plummeted in their worst day since June 11, after key August inflation data ticked upward, surprising investors. The market is worried that hotter-than-expected inflation will prompt the Federal Reserve to raise interest rates more aggressively, inflicting serious damage to the US economy in the process. The Dow was down points, or 3. The Nasdaq Composite tumbled 5. As stocks settle after the trading day, levels might still change slightly. The end of the trading day will temporarily stop the selling. But investors have another inflation report to fear? The US government will release figures for the producer price index, which measures prices at the wholesale level Economists are anticipating more inflationary numbers.
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Russia is preparing a summer offensive against Ukraine, Zelenskyy says; China slams sanctions threat. Asia ended mostly higher, with the exception of Taiwan. Celia Fernandez. Plus, why the NFL went all in on sports gambling. Asia enjoyed a positive session, with Japan's Nikkei again the standout performer. Gaelle Legrand. Why uninsured bank accounts are so problematic. Monica Pitrelli. Skip Navigation. World's largest cruise ship sets sail from Miami, stoking environmental concerns. How Norway built an EV utopia while the U. Recession talk is making a comeback on Wall Street. Asia ended largely higher, except for South Korea.
Nothing like some good ol' bipartisanship to get Wall Street's motor running. Or something like that. Senate Minority Leader Mitch McConnell blinked first as the debt ceiling train rapidly approaches the terminal.
Nessa Anwar. Sumathi Bala 6 hours ago. Ganesh Rao. A 'family vacation' for two: Why more parents are taking trips with one child at a time. US stock futures are pointing lower. Google expects its more advanced large language models to arrive on Android phones next year. Treasurys Pro: Too late to buy Nvidia? Bill Gates- and Jeff Bezos-backed startup discovers copper deposit in Zambia. Plus, what Capital One's purchase of Discover would mean for you. Why you can feel good about your job prospects for a while longer Before The Bell Plus, Warren Buffett speaks and investors listen. European stocks are also making gains.
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