Market News

Latest financial news from across the markets

Daily Market Overview

Markets are reacting to rising tensions in the Middle East, with oil prices climbing to six-week highs following Houthi attacks on Saudi energy facilities. U.S. Treasury yields have also ticked higher as traders anticipate upcoming economic data. Meanwhile, the cryptocurrency sector faces challenges, with billions lost to cyberattacks despite prior audits. In corporate news, Novartis saw a nearly 10% drop in shares after setbacks in drug trials, while Jaguar Land Rover announced plans to cut 4,000 jobs as part of a cost-saving initiative.

Latest Market Updates

Cholesterol drug setback casts doubt over multibillion-dollar raceÂ

Cholesterol drug setback casts doubt over multibillion-dollar raceÂ

less than a minute ago

Global markets keep shrugging off shocks. Here's what could break that streak, according to HS

Global markets keep shrugging off shocks. Here's what could break that streak, according to HS

less than a minute ago

China's imports in August miss estimates as calls for rebalancing trade grow

China's imports in August miss estimates as calls for rebalancing trade grow

less than a minute ago

Nvidia supplier Wistron's shares drop after it announces $1.5 billion global stock sale

Nvidia supplier Wistron's shares drop after it announces $1.5 billion global stock sale

less than a minute ago

CNBC Daily Open: Rising tensions — from North America to the Middle East

CNBC Daily Open: Rising tensions — from North America to the Middle East

less than a minute ago

Here are the 3 big things we're watching in this holiday-shortened trading week

Here are the 3 big things we're watching in this holiday-shortened trading week

less than a minute ago

CNBC's The China Connection newsletter: China's weak consumer becomes the world's problem

CNBC's The China Connection newsletter: China's weak consumer becomes the world's problem

less than a minute ago