Stock market live updates: Dow futures down 700, airlines slide, Apple drops

“Currently, this is the smallest group of winners since the 2007 market top.” —Bloom6:55 am: Coronavirus cases outside of China jump, spook marketsHeadlines over the weekend about a surge in coronavirus cases reported outside of China dented market sentiment to start off the week. Iran has also confirmed more than 40 cases and eight deaths stemming from the coronavirus. —Imbert6:40 am: Risk-off mentality to marketsStocks not directly tied to the coronavirus fears are also very weak in premarket


“Currently, this is the smallest group of winners since the 2007 market top.”
—Bloom6:55 am: Coronavirus cases outside of China jump, spook marketsHeadlines over the weekend about a surge in coronavirus cases reported outside of China dented market sentiment to start off the week.
Iran has also confirmed more than 40 cases and eight deaths stemming from the coronavirus.
—Imbert6:40 am: Risk-off mentality to marketsStocks not directly tied to the coronavirus fears are also very weak in premarket
Stock market live updates: Dow futures down 700, airlines slide, Apple drops Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-24  Authors: fred imbert john melloy michael bloom, fred imbert, john melloy, michael bloom
Keywords: news, cnbc, companies, coronavirus, stock, interest, weak, fears, south, market, airlines, apple, cases, live, dow, stocks, week, weekend, futures, drops, slide, updates


Stock market live updates: Dow futures down 700, airlines slide, Apple drops

Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters

This is a live blog. Please check back for updates.

7:23 am: Chart analysts saw weakening market before Monday’s drop

Technical analysts saw some weak internals in this market at the end of last week, which could be why the decline Monday is a little more severe than expected. Stocks were vulnerable to a decline. “The market is becoming very narrow in terms of stocks that have outperformed the S&P 500 over the last three months,” wrote JC O’Hara, chief market technician for MKM Partners, over the weekend. “Currently, this is the smallest group of winners since the 2007 market top.” —Melloy

7:01 am: Coronavirus fears increase chances the Fed cuts interest rates

The Federal Reserve may be forced to cut interest rates this year as worries about the coronavirus keep spreading, according to an Evercore ISI note to clients on Monday. “With outbreaks of the Wuhan virus in South Korea and Italy suggesting that it may be on the brink of morphing into a global pandemic we raise our estimate of the likelihood that the Fed cuts interest rates this year to 45 per cent,” strategist Krishna Guha said. “We would rather have a vaccine than a rate cut and fully recognize that monetary policy is not optimized for addressing this type of shock,” he said. —Bloom

6:55 am: Coronavirus cases outside of China jump, spook markets

Headlines over the weekend about a surge in coronavirus cases reported outside of China dented market sentiment to start off the week. South Korea said the number of people infected now totals more than 750. In Italy, the government said more than 130 cases have been confirmed along with three deaths. Iran has also confirmed more than 40 cases and eight deaths stemming from the coronavirus. These reports sent not only U.S. risk markets tumbling; they also dragged down global markets. —Imbert

6:40 am: Risk-off mentality to markets

Stocks not directly tied to the coronavirus fears are also very weak in premarket trading as investors sell popular positions in a risk off move. Netflix shares were off 4%. Amazon, Microsoft and Disney all dropped more than 3%. —Melloy

6:27 am: Many stocks dropping on coronavirus fears

6:22 am: Dow futures tank by more than 800 points on coronavirus fears


Company: cnbc, Activity: cnbc, Date: 2020-02-24  Authors: fred imbert john melloy michael bloom, fred imbert, john melloy, michael bloom
Keywords: news, cnbc, companies, coronavirus, stock, interest, weak, fears, south, market, airlines, apple, cases, live, dow, stocks, week, weekend, futures, drops, slide, updates


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Home Depot vs. Lowes Credit Card Comparison: Which is best for you?

Below, CNBC Select compares the Home Depot Consumer Credit Card and the Lowe’s Advantage Card, so you can choose the best card for your next home improvement. Home Depot Credit Card vs. Lowe’s Credit Card Home Depot Consumer Credit Card Lowe’s Advantage Card Winner Annual fee $0 $0 Tie Rewards No discount, but rotating limited time offers for a variety of products and services 5% off eligible purchases Lowe’s Welcome bonus Save up to $100 on a qualifying purchase. FeesThe Home Depot card and Low


Below, CNBC Select compares the Home Depot Consumer Credit Card and the Lowe’s Advantage Card, so you can choose the best card for your next home improvement.
Home Depot Credit Card vs. Lowe’s Credit Card Home Depot Consumer Credit Card Lowe’s Advantage Card Winner Annual fee $0 $0 Tie Rewards No discount, but rotating limited time offers for a variety of products and services 5% off eligible purchases Lowe’s Welcome bonus Save up to $100 on a qualifying purchase.
FeesThe Home Depot card and Low
Home Depot vs. Lowes Credit Card Comparison: Which is best for you? Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-23  Authors: alexandria white
Keywords: news, cnbc, companies, comparison, card, offers, financing, interest, best, purchases, credit, special, lowes, months, depot


Home Depot vs. Lowes Credit Card Comparison: Which is best for you?

Home renovations can add value to your property and allow you to enjoy a newly remodeled space, but they’re often costly. If you don’t have the cash on hand for home improvements, you may consider opening a credit card from Home Depot or Lowe’s to benefit from discounts and/or special financing offers. Both home improvement retailers offer store cards that you can use to your advantage when doing any home renovations. The cards have similar perks, making it hard to choose a card if you don’t prefer one store over the other. Below, CNBC Select compares the Home Depot Consumer Credit Card and the Lowe’s Advantage Card, so you can choose the best card for your next home improvement.

Home Depot Credit Card vs. Lowe’s Credit Card Home Depot Consumer Credit Card Lowe’s Advantage Card Winner Annual fee $0 $0 Tie Rewards No discount, but rotating limited time offers for a variety of products and services 5% off eligible purchases Lowe’s Welcome bonus Save up to $100 on a qualifying purchase. Valid though 7/29/20 Save 10% on a qualifying purchase, up to $100. Valid though 7/31/20 Tie Regular APR 17.99% to 26.99% variable 26.99% variable Home Depot Everyday financing 6 months special financing on purchases of $299 or more. No interest if paid in full within 6 months 6 months special financing on purchases of $299 or more. No interest if paid in full within 6 months Tie Project financing Up to 24 months during special promotions, minimum purchase requirements may apply Special fixed-rate interest offers for 36, 60 or 84 months on purchases of $2,000 or more Lowe’s

Rewards

The Lowe’s Advantage Card offers a 5% discount on eligible purchases, but there’s a catch: The discount can’t be combined with other credit-related promotional offers. If you want to get 5% off, you won’t be able to finance a purchase with an available special financing offer. The Home Depot Consumer Credit Card does not offer a discount, but there are rotating limited time offers for a variety of products and services. Currently, cardholders can receive 10% off the base price of select installed sheds and garages from TuffShed, plus an additional 5% off by statement credit, valid through 3/18/2020. The welcome bonus offers for both cards are worth up to $100. Winner: Lowe’s Advantage Card, for its everyday discount (despite the inability to receive 5% off along with a special financing offer).

Special financing offers

The basic special financing offers are the same for both the Home Depot and Lowe’s cards: no interest if paid in full within six months on purchases of $299 or more. If you choose to use one of these offers, be diligent with your repayment plan. You’ll need to have the balance paid in full before the six-month offer ends in order to avoid interest charges. Continuing to carry a balance after six months will cause you to incur deferred interest, which is a charge for all the interest you accrued since the date you made your purchase. In addition to special financing offers, these cards offer project financing for larger purchases: Lowe’s Advantage Card: 84 fixed monthly payments at a 7.99% APR on purchases of $2,000 or more

84 fixed monthly payments at a 7.99% APR on purchases of $2,000 or more Home Depot Consumer Credit Card: Up to 24 months during special promotions, minimum purchase requirements may apply Winner: It’s a tie when it comes to the six-month special financing offer. But if you have a larger project to finance, the Lowe’s Advantage Card can provide a decent 84-month fixed payment plan that acts similar to a personal loan.

Fees

The Home Depot card and Lowe’s card both have no annual fee, but different interest rates. The Home Depot card provides a 17.99% to 26.99% variable APR, while the Lowe’s card has a 26.99% variable APR. Winner: Home Depot Consumer Credit Card, if you can qualify for an APR less than 26.99%.

Bottom line

The best home improvement store card for your needs depends on what benefits you’re looking for in a credit card. Overall, the Lowe’s Advantage Card has the best everyday discount at 5%, but the Home Depot Consumer Credit Card also offers rotating discounts on eligible purchases that can be over 10%. Make sure you review current offers prior to selecting a card. You should also consider the location of the nearest Home Depot or Lowe’s store to your home. If you only have one store nearby, that may help you choose the better card. But if both stores are nearby, select the one that has the benefits you’re looking for. And if you’re opening a new card primarily for special financing, you should consider alternative cards that don’t charge deferred interest. The best 0% APR cards offer over a year of no interest without the risk of deferred interest. The Chase Freedom Unlimited® Card offers 0% for the first 15 months on purchases (then 16.49% to 25.24% variable) and 1.5% cash back on all purchases. If you want a longer intro period, the U.S. Bank Visa® Platinum Card offers 0% for the first 18 billing cycles on purchases (then 13.99% to 24.99% variable APR). This card has no rewards. Information about the Lowe’s Advantage Card, Home Depot Consumer Credit Card, and U.S. Bank Visa® Platinum Card has been collected independently by CNBC and has not been reviewed or provided by the issuer of the card prior to publication.

Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the CNBC Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.


Company: cnbc, Activity: cnbc, Date: 2020-02-23  Authors: alexandria white
Keywords: news, cnbc, companies, comparison, card, offers, financing, interest, best, purchases, credit, special, lowes, months, depot


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How much you need to save every month to earn $40,000 a year in interest alone for retirement

And if they plan to stop working in their 60s, that leaves a huge variable of how many years of retirement they will need to fund. An “interest-only” retirement plan removes one of the biggest fears about life after leaving your job: Will my money outlast me? NerdWallet crunched the numbers, and we can tell you how much you need to save to get $40,000 every year in retirement, without taking a bite out of your principal. For investing, we assume an annual 6% return when you are saving and a more


And if they plan to stop working in their 60s, that leaves a huge variable of how many years of retirement they will need to fund.
An “interest-only” retirement plan removes one of the biggest fears about life after leaving your job: Will my money outlast me?
NerdWallet crunched the numbers, and we can tell you how much you need to save to get $40,000 every year in retirement, without taking a bite out of your principal.
For investing, we assume an annual 6% return when you are saving and a more
How much you need to save every month to earn $40,000 a year in interest alone for retirement Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-21  Authors: robert exley jr
Keywords: news, cnbc, companies, social, interestonly, numbers, retire, month, 40000, security, earn, interest, save, retirement, need, money, plan


How much you need to save every month to earn $40,000 a year in interest alone for retirement

Most Americans are confident they will be able to retire comfortably.

A 2019 study by the Transamerica Center for Retirement Studies and the Aegon Center for Longevity and Retirement found that 63% of U.S. workers are confident that they will be able to fully retire and still live well.

And if they plan to stop working in their 60s, that leaves a huge variable of how many years of retirement they will need to fund.

An “interest-only” retirement plan removes one of the biggest fears about life after leaving your job: Will my money outlast me?

Because if you can save enough now, you can fund your retirement by living off your returns without ever touching your nest egg.

NerdWallet crunched the numbers, and we can tell you how much you need to save to get $40,000 every year in retirement, without taking a bite out of your principal.

First, some ground rules. The numbers assume you will retire at 65 and have no money in savings now.

For investing, we assume an annual 6% return when you are saving and a more conservative 3% rate for your interest-only retirement. We do not factor in inflation, taxes or any additional income you may get from Social Security and your 401(k).

Check out this video to learn more.

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Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.


Company: cnbc, Activity: cnbc, Date: 2020-02-21  Authors: robert exley jr
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The Federal Reserve thinks low rates have had only a ‘modest’ impact on stock market prices

That’s contrary to the conventional Street wisdom which ties the low rates and money-printing to a market bull run that is less than a month away from its 11th anniversary. “I think that the conventional wisdom is valuations look high, but not at this level of interest rates. But Booth said that adjusting earnings for the historically low interest rate environment actually does put valuations around the dotcom bubble era of the late 1990s. “With interest rates so low, you wonder what the next sh


That’s contrary to the conventional Street wisdom which ties the low rates and money-printing to a market bull run that is less than a month away from its 11th anniversary.
“I think that the conventional wisdom is valuations look high, but not at this level of interest rates.
But Booth said that adjusting earnings for the historically low interest rate environment actually does put valuations around the dotcom bubble era of the late 1990s.
“With interest rates so low, you wonder what the next sh
The Federal Reserve thinks low rates have had only a ‘modest’ impact on stock market prices Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-21  Authors: jeff cox
Keywords: news, cnbc, companies, low, market, valuations, modest, thinks, policy, rates, stock, interest, impact, fed, think, reserve, theyre, prices, federal, markets


The Federal Reserve thinks low rates have had only a 'modest' impact on stock market prices

The Federal Reserve’s extraordinary policy moves over the last 12 years have marched arm in arm with the biggest bull market in Wall Street history. But the central bank’s economists say the two really have little in common. As part of the ongoing discussion Fed officials are having about the effectiveness of past policy and the proper path forward, staff members last month presented their findings about the impact that low interest rates have had on asset prices, which generally refer to things like stocks, corporate debt and commercial real estate. Their conclusion: “The available empirical evidence suggests that the effects of changes in policy rates on asset prices and risk premiums tend to be modest relative to the historical fluctuations in those measures,” according to minutes released Wednesday from the Jan. 28-29 meeting.

That’s contrary to the conventional Street wisdom which ties the low rates and money-printing to a market bull run that is less than a month away from its 11th anniversary. But the analysis also reflects a tightrope Fed officials are trying to walk in which they want to keep policy accommodative enough to maintain the economic expansion while not fueling bubbles. “What they’re saying is rates have affected the economy, but what they’re not doing is causing the rampant speculation that you saw in the late ’90s,” said Doug Roberts, head of Channel Capital Research. “It could happen, but right now they’re trying to prevent it.” Still, the idea that the relationship is tenuous between ultra-easy policy — zero policy rates that prevailed for seven years and nearly $4 trillion worth of quantitative easing — and a more than 400% rise in the S&P 500 is a tough sell.

Putting blinders on

Every time the Fed has tried to tighten policy, the markets have recoiled and the Fed has relented. “They think that valuations are justified because rates are so low,” said Danielle DiMartino Booth, who was an advisor to former Dallas Fed President Richard Fisher and now is CEO of Quill Intelligence. “At the risk of saying it’s different this time, I think the Fed is not factoring in its own policy in its risk premium calculus.” Indeed, St. Louis Fed President James Bullard told CNBC on Friday that he is not very concerned about where the market stands. The S&P 500 is trading at 19 times forward earnings, compared to the 10-year average of 15, about a 27% premium. “We watch financial stability issues and bubble-type issues very carefully,” Bullard said during a “Squawk Box” interview. “I think that the conventional wisdom is valuations look high, but not at this level of interest rates. And so to the extent that you think this level of interest rates is probably the future, which I have been arguing, you’re probably OK for now.” But Booth said that adjusting earnings for the historically low interest rate environment actually does put valuations around the dotcom bubble era of the late 1990s. She credits Fed Chairman Jerome Powell with trying to stay ahead of runaway asset prices but said current policy doesn’t leave enough room for the central bank in case of an economic downturn. “It doesn’t really work well to put blinders on. That’s what it feels like officials are doing,” Booth said. “With interest rates so low, you wonder what the next shock to the system will be. They’re running out of ammunition.” Powell tried to guide the Fed back to more normal state of affairs regarding interest rates, but markets recoiled and he was forced to backtrack. Four rate hikes in 2018 sparked a wave of selling on Wall Street, and the Fed responded with three cuts last year and a resolve in 2020 to hold policy steady. If anything, markets are expecting more rate cuts rather than increases. “The Fed has become the enabler for the markets,” said Quincy Krosby, chief market strategist at Prudential Financial. “They wanted to raise rates in 2019, but they didn’t. They saw within a couple of weeks what was happening. Then what they did was create this ‘buy on the dip’ mentality. You’re never able to get off it. That’s the dilemma for this policy.”

‘The news is good’


Company: cnbc, Activity: cnbc, Date: 2020-02-21  Authors: jeff cox
Keywords: news, cnbc, companies, low, market, valuations, modest, thinks, policy, rates, stock, interest, impact, fed, think, reserve, theyre, prices, federal, markets


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How to earn $40,000 in interest every year in retirement

How to earn $40,000 in interest every year in retirementAn “interest-only” retirement plan can fund your golden years without draining your savings, but you will need to save a lot of money to make it possible. NerdWallet crunched the numbers, and we can tell you how much you need to save every month, broken down by age, to get $40,000 every year in an “interest-only” retirement. Check out this video to learn how to make it a reality.


How to earn $40,000 in interest every year in retirementAn “interest-only” retirement plan can fund your golden years without draining your savings, but you will need to save a lot of money to make it possible.
NerdWallet crunched the numbers, and we can tell you how much you need to save every month, broken down by age, to get $40,000 every year in an “interest-only” retirement.
Check out this video to learn how to make it a reality.
How to earn $40,000 in interest every year in retirement Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-21
Keywords: news, cnbc, companies, video, interestonly, savings, reality, tell, 40000, earn, interest, save, retirement, need, retirementan


How to earn $40,000 in interest every year in retirement

How to earn $40,000 in interest every year in retirement

An “interest-only” retirement plan can fund your golden years without draining your savings, but you will need to save a lot of money to make it possible. NerdWallet crunched the numbers, and we can tell you how much you need to save every month, broken down by age, to get $40,000 every year in an “interest-only” retirement. Check out this video to learn how to make it a reality.


Company: cnbc, Activity: cnbc, Date: 2020-02-21
Keywords: news, cnbc, companies, video, interestonly, savings, reality, tell, 40000, earn, interest, save, retirement, need, retirementan


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‘Tesla killers’ aren’t killing Tesla at all

But at least in the United States, the market seems to belong almost entirely to Tesla. The California carmaker’s Model 3 midsize sedan far outstripped sales of any other competitor in 2019. The next best-selling model that year was the Chevrolet Bolt, which sold a mere 16,000. But none have so far proven to be Tesla killers. A slew of new models are scheduled for release starting in early 2020, and many are starting to offer specs competitive with what buyers can find on Tesla models.


But at least in the United States, the market seems to belong almost entirely to Tesla.
The California carmaker’s Model 3 midsize sedan far outstripped sales of any other competitor in 2019.
The next best-selling model that year was the Chevrolet Bolt, which sold a mere 16,000.
But none have so far proven to be Tesla killers.
A slew of new models are scheduled for release starting in early 2020, and many are starting to offer specs competitive with what buyers can find on Tesla models.
‘Tesla killers’ aren’t killing Tesla at all Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-21  Authors: robert ferris
Keywords: news, cnbc, companies, range, killers, tesla, point, interest, starting, united, model, electric, buyers, killing, states, arent


'Tesla killers' aren't killing Tesla at all

At least a few executives at major automakers have indicated that electric cars are the way of the future, and several of them are making big bets on battery-powered vehicles.

But at least in the United States, the market seems to belong almost entirely to Tesla.

The California carmaker’s Model 3 midsize sedan far outstripped sales of any other competitor in 2019. The next best-selling model that year was the Chevrolet Bolt, which sold a mere 16,000.

The success of both Tesla cars, and Tesla shares, have baffled many in the automotive industry, who point to the company’s small size; precarious financial history; and repeated struggles with manufacturing delays; and customer complaints about long waits for orders and difficulty obtaining parts and service.

Meanwhile established automakers with brands that play at practically every price point and in every segment have been promising and slowly releasing their own stabs at a viable electric vehicle. But none have so far proven to be Tesla killers.

A slew of new models are scheduled for release starting in early 2020, and many are starting to offer specs competitive with what buyers can find on Tesla models. For example, Ford’s Mach-E Mustang electric crossover promises 300 miles of range in one configuration, close to the 322 miles on the long range version of the Model 3 sedan.

But relatively few buyers in the United States seem interested in battery electrics, and industry watchers think many buyers are early adopters buying Teslas out of an interest in the brand or an interest in cutting edge technology, rather than out of an interest in owning an electric car.


Company: cnbc, Activity: cnbc, Date: 2020-02-21  Authors: robert ferris
Keywords: news, cnbc, companies, range, killers, tesla, point, interest, starting, united, model, electric, buyers, killing, states, arent


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China cuts benchmark lending rates amid coronavirus outbreak

China said on Thursday it lowered its benchmark lending rates — a move that was widely expected by analysts as the world’s second-largest economy faced threats from an outbreak of a deadly coronavirus. The country’s central bank, the People’s Bank of China, cut the one-year loan prime rate from 4.15% to 4.05%, and the five-year rate from 4.80% to 4.75%. Loan prime rate is the interest rate that banks charge their most creditworthy clients. The PBOC, in a revamp to China’s interest rates regime l


China said on Thursday it lowered its benchmark lending rates — a move that was widely expected by analysts as the world’s second-largest economy faced threats from an outbreak of a deadly coronavirus.
The country’s central bank, the People’s Bank of China, cut the one-year loan prime rate from 4.15% to 4.05%, and the five-year rate from 4.80% to 4.75%.
Loan prime rate is the interest rate that banks charge their most creditworthy clients.
The PBOC, in a revamp to China’s interest rates regime l
China cuts benchmark lending rates amid coronavirus outbreak Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-20  Authors: yen nee lee
Keywords: news, cnbc, companies, rate, loan, prime, rates, amid, interest, lending, cuts, pboc, cut, coronavirus, oneyear, china, outbreak, benchmark


China cuts benchmark lending rates amid coronavirus outbreak

China said on Thursday it lowered its benchmark lending rates — a move that was widely expected by analysts as the world’s second-largest economy faced threats from an outbreak of a deadly coronavirus.

The country’s central bank, the People’s Bank of China, cut the one-year loan prime rate from 4.15% to 4.05%, and the five-year rate from 4.80% to 4.75%. The PBOC publishes the rates every month. Thursday’s move was the first cut since October last year, according to Refinitiv data.

Loan prime rate is the interest rate that banks charge their most creditworthy clients. The PBOC, in a revamp to China’s interest rates regime last year, pushed commercial lenders to reference the loan prime rate when pricing their new loans.

The cut to the one-year and five-year loan prime rates followed the central bank’s move on Monday to lower the interest rate on its one-year medium-term lending facility — funds that PBOC lends to financial institutions — from 3.25% to 3.15%. The loan prime rate is linked to interest rate on the medium-term lending facility.

Lower lending rates in China come at a time when a lot of economic activities around the country stall as authorities race to contain the spread of a new coronavirus — now called COVID-19 — which is believed to have originated in Wuhan, the capital of Hubei province.


Company: cnbc, Activity: cnbc, Date: 2020-02-20  Authors: yen nee lee
Keywords: news, cnbc, companies, rate, loan, prime, rates, amid, interest, lending, cuts, pboc, cut, coronavirus, oneyear, china, outbreak, benchmark


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Interest rates likely to remain unchanged, Fed’s meeting minutes show

Interest rates likely to remain unchanged, Fed’s meeting minutes showCNBC’s Steve Liesman breaks down the Federal Reserve’s meeting minutes. The Fed released minutes Wednesday from its Jan. 28-29 meeting at which it held interest rates steady. Markets look to the meeting summary for clues on how central bank officials feel about the future direction of policy.


Interest rates likely to remain unchanged, Fed’s meeting minutes showCNBC’s Steve Liesman breaks down the Federal Reserve’s meeting minutes.
The Fed released minutes Wednesday from its Jan. 28-29 meeting at which it held interest rates steady.
Markets look to the meeting summary for clues on how central bank officials feel about the future direction of policy.
Interest rates likely to remain unchanged, Fed’s meeting minutes show Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-19
Keywords: news, cnbc, companies, minutes, meeting, likely, steve, unchanged, showcnbcs, rates, summary, reserves, remain, feds, steady, interest


Interest rates likely to remain unchanged, Fed's meeting minutes show

Interest rates likely to remain unchanged, Fed’s meeting minutes show

CNBC’s Steve Liesman breaks down the Federal Reserve’s meeting minutes. The Fed released minutes Wednesday from its Jan. 28-29 meeting at which it held interest rates steady. Markets look to the meeting summary for clues on how central bank officials feel about the future direction of policy.


Company: cnbc, Activity: cnbc, Date: 2020-02-19
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Virgin Galactic short interest is up 3.1 million in last 30 days: S3 Analytics

Virgin Galactic short interest is up 3.1 million in last 30 days: S3 AnalyticsIhor Dusaniwsky of S3 Analytics joins CNBC’s “Closing Bell” team to talk about how investors are shorting Virgin Galactic and Tesla.


Virgin Galactic short interest is up 3.1 million in last 30 days: S3 AnalyticsIhor Dusaniwsky of S3 Analytics joins CNBC’s “Closing Bell” team to talk about how investors are shorting Virgin Galactic and Tesla.
Virgin Galactic short interest is up 3.1 million in last 30 days: S3 Analytics Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-19
Keywords: news, cnbc, companies, joins, million, analytics, tesla, virgin, shorting, short, talk, team, days, interest, galactic


Virgin Galactic short interest is up 3.1 million in last 30 days: S3 Analytics

Virgin Galactic short interest is up 3.1 million in last 30 days: S3 Analytics

Ihor Dusaniwsky of S3 Analytics joins CNBC’s “Closing Bell” team to talk about how investors are shorting Virgin Galactic and Tesla.


Company: cnbc, Activity: cnbc, Date: 2020-02-19
Keywords: news, cnbc, companies, joins, million, analytics, tesla, virgin, shorting, short, talk, team, days, interest, galactic


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Everything Jim Cramer said about the stock market on ‘Mad Money,’ including Apple hits banks, coronavirus stocks

CNBC’s Jim Cramer broke down why interest rates fell on Apple’s coronavirus warning, which led to a bad day of trading for bank stocks. The “Mad Money” host revealed a shortlist of stocks that can benefit from the coronavirus outbreak. David Paul Morris | Bloomberg | Getty ImagesThe bank stocks ironically got the shortest end of the stick on ‘s coronavirus warning that rattled Wall Street, CNBC’s said Tuesday. “The worst performers — ones that there was no news whatsoever — [were] the banks,” th


CNBC’s Jim Cramer broke down why interest rates fell on Apple’s coronavirus warning, which led to a bad day of trading for bank stocks.
The “Mad Money” host revealed a shortlist of stocks that can benefit from the coronavirus outbreak.
David Paul Morris | Bloomberg | Getty ImagesThe bank stocks ironically got the shortest end of the stick on ‘s coronavirus warning that rattled Wall Street, CNBC’s said Tuesday.
“The worst performers — ones that there was no news whatsoever — [were] the banks,” th
Everything Jim Cramer said about the stock market on ‘Mad Money,’ including Apple hits banks, coronavirus stocks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-02-18  Authors: tyler clifford
Keywords: news, cnbc, companies, outbreak, including, market, jim, hits, warning, interest, benefit, slowdown, bank, stocks, mad, cramer, coronavirus, host, money, thats, stock


Everything Jim Cramer said about the stock market on 'Mad Money,' including Apple hits banks, coronavirus stocks

CNBC’s Jim Cramer broke down why interest rates fell on Apple’s coronavirus warning, which led to a bad day of trading for bank stocks. The “Mad Money” host revealed a shortlist of stocks that can benefit from the coronavirus outbreak.

Apple warning hurts banks

The silhouette of a pedestrian holding a mobile device is seen walking past a Citigroup bank branch in San Francisco. David Paul Morris | Bloomberg | Getty Images

The bank stocks ironically got the shortest end of the stick on ‘s coronavirus warning that rattled Wall Street, CNBC’s said Tuesday. The stocks of and declined more than 1%, one day after the iPhone maker’s market-moving announcement that the outbreak of the coronavirus, known as COVID-19, would lead to a revenue shortfall. “The worst performers — ones that there was no news whatsoever — [were] the banks,” the “Mad Money” host said. “Why? Because of a sudden drop in interest rates caused by a worldwide slowdown that could get into a full-blown recession. The banks do better in a rising interest rate environment, not a lower one.”

Healthy returns

Volunteers in protective suits disinfect a factory with sanitizing equipment, as the country is hit by an outbreak of the novel coronavirus, in Huzhou, Zhejiang province, China February 18, 2020. China Daily | Reuters

Cramer laid out a shortlist of companies that can benefit from the coronavirus outbreak. “I don’t want to profiteer off an epidemic that’s already killed 2,000 people, but we need to acknowledge how this coronavirus outbreak is changing the world,” the host said. “And, yes, some companies are benefiting from that, because they benefit from keeping us healthy.” “While this virus has been a colossal contributor to a slowdown in the global economy, it simply doesn’t lend itself to goods that are working,” he added. “You’ve got , and on reality, on hope. That’s about it.”

Cramer’s lightning round


Company: cnbc, Activity: cnbc, Date: 2020-02-18  Authors: tyler clifford
Keywords: news, cnbc, companies, outbreak, including, market, jim, hits, warning, interest, benefit, slowdown, bank, stocks, mad, cramer, coronavirus, host, money, thats, stock


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