Investors track data, Fed minutes

The Stoxx 600 continues to trade at a 3-month high The Stoxx 600 index It extended its rise in afternoon trading to its highest level since August 19. Gains were led by mining stocks, up 1.8%, travel stocks up 1.5%, and technology and retail stocks, both up 0.4%. Despite the recent gloomy economic data, falling … Read more

Meituan, Tencent, APEC leaders meet, Japanese trade, unemployment in Australia

NetEase backtracked after Blizzard announced it was suspending its Chinese game services Hong Kong shares listed netease decreased by 13% after Blizzard Entertainment, a subsidiary of Activision Blizzardhe said Suspension of gaming services in Chinaciting expired licensing agreements with NetEase. “We are incredibly grateful for the passion our Chinese community has shown over the nearly … Read more

October CPI saw inflation rise even as the prices of some commodities fell

Consumer inflation may have eased slightly in October with lower prices for goods, but prices for services and rents are expected to continue to rise. Economists expect October’s CPI to rise 0.6% from September, or 7.9% from a year ago, up from 0.4% or 8.2% annually in September, According to Dow Jones. Excluding food and … Read more

Open to close after a big week for earnings and monetary policy

Stocks on the go: Adidas rises 20%, Leonardo drops 7% German sportswear brand Adidas jumped 20% to top the Stoxx 600 list in Friday afternoon deals after announcing a new collaboration following her split from artist Kanye West. On the other hand, shares of Italian aerospace and defense company Leonardo fell 7% after issuing full-year … Read more

Pre-market stocks: There is a growing disconnect between Wall Street and Main Street

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can register over here. You can listen to an audio version of the newsletter by clicking on the same link. New York CNN Business – The markets plunged Thursday morning after that Hot inflation data It raised … Read more

Startup accelerators hit speed bumps as the capital rush slows

Final shutdown of startup accelerator operated by on deck It is a reminder that while these programs provide startups with access to investors, mentorship, and practical support, they are also businesses in their own right. why does it matter: Startup accelerators are getting attention largely because of the high-value companies that help them along the … Read more

Next week for stocks: Intel is the biggest loser in the Dow

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can register over here. New York CNN Business – Semiconductor in everything. Our phones, our laptops, our televisions. Even our cars. But Concerns about a global recession Concerns persist lack of supplies Stemming from continued pandemic-related shutdowns … Read more

The dangers and promises of quantum computing are approaching

The stark warning came from one of the tech world’s most prominent CEOs. Alphabet CEO Sundar Pichai told an audience at the World Economic Forum in Davos, Switzerland, three years ago that quantum computing has the potential to change humanity’s understanding of the natural world, enabling scientists to create new drugs and better batteries, among … Read more