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January 18, 2020

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CNBC Business

Andrew Yang sounds off on private market, ‘overvalued’ stocks

CNBC
by CNBC00
CNBC – For more and to sign up click here Fluorescent shipping containers, billiard tables atop AstroTurf, and his signature “MATH” campaign signs plastered to the walls greeted Democratic presidential candidate Andrew Yang on Thursday night at a fundraiser in downtown San Francisco. Hundreds of supporters braved a torrential downpour......
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CNBC Business

OPEC secretary general says oil demand has ‘upside potential’

CNBC
by CNBC01
CNBC – For more and to sign up click here Worldwide oil demand forecasts may be lower than in previous years, but OPEC Secretary-General Mohammed Barkindo said Friday to CNBC that demand growth is still “robust” and could surprise to the upside over the course of 2020 as trade tensions......
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CNBC Business

More record highs on Wall Street

CNBC
by CNBC00
CNBC – For more and to sign up click here Traders work the floor at the NYSE . Brendan McDermid | Reuters Dow Jones Industrial Average rises 50 points The Dow gained 50.46 points, or 0.17%, to close at 29,348.10. The S&P 500 climbed 0.39% to 3,329.62. The Nasdaq Composite......
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CNBC Business

Netflix, IBM earnings, Trump speaks

CNBC
by CNBC00
CNBC – For more and to sign up click here CEO Of Netflix, Reed Hastings, attends the red carpet during the Netflix presentation party at the Invernadero del Palacio de Cristal de la Arganzuela on April 4, 2019 in Madrid, Spain. Juan Naharro Gimenez | Getty Images Here are the......
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CNBC Business

As stocks hit more more records, there are signs traders may be getting way too euphoric

CNBC
by CNBC08
CNBC – For more and to sign up click here Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters Wall Street may be getting a bit too excited about the stock market’s hot start to the new year. The S&P 500 has already jumped......
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CNBC Business

Stocks cut earlier gains and are little changed

CNBC
by CNBC02
CNBC – For more and to sign up click here Stocks were little changed on Friday after hitting record highs as Wall Street wrapped up a solid weekly performance amid strong global economic data and a solid start to the earnings season. The Dow Jones Industrial Average traded just 2 points......
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CNBC Business

‘I love riding a horse that’s running’

CNBC
by CNBC02
CNBC – For more and to sign up click here David Tepper, billionaire founder of Appaloosa Management, said Friday he still likes this bull market, which is the longest on record. “I love riding a horse that’s running,” Tepper told CNBC’s Joe Kernen in an exclusive email. “We have been......
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CNBC Business

Stanley Druckenmiller is still bullish the market because of the Fed and Trump

CNBC
by CNBC02
CNBC – For more and to sign up click here Hedge fund manager Stanley Druckenmiller said Friday that he agrees with fellow billionaire investor David Tepper’s optimism on the market and said he’s still “riding the horse.” “I revealed a very bullish posture intermediate term since October when Powell guaranteed he......
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CNBC Business

Microsoft’s carbon negative by 2030 ‘is not greenwash,’ Jim Cramer says

CNBC
by CNBC02
CNBC – For more and to sign up click here Microsoft is on a mission to become carbon negative in the next decade, and CNBC’s Jim Cramer thinks the ambitious plan has some teeth to it. “I think they can do it because, remember, they are a powerful force —......
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CNBC Business

Capitalism is ‘in jeopardy’ without climate action

CNBC
by CNBC06
CNBC – For more and to sign up click here The science is clear that environmental sustainability must factor in a corporation’s growth plans, or the capitalist and economic system the U.S. enjoys “will fundamentally be in jeopardy,” Microsoft CEO Satya Nadella told CNBC Thursday. “The corporation’s purpose is to......
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CNBC Business

Stocks are the most overvalued since at least the 1980s based on one measure

CNBC
by CNBC04
CNBC – For more and to sign up click here Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., January 10, 2020. Brendan McDermid | Reuters What investors are willing to pay for stocks relative to their long-term earnings growth expectations is at......
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CNBC Business

S&P 500 tops 3,300 for the first time as stocks surge on strong earnings and data

CNBC
by CNBC07
CNBC – For more and to sign up click here Stocks rose on Thursday to fresh record highs after Morgan Stanley reported quarterly figures that easily topped analyst expectations while investors digested solid data on the U.S. economy. The S&P 500 jumped 0.8% to 3,316.81, breaking above 3,300 for the first......
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CNBC Business

The huge rotation in stock market isn’t halfway over, JP Morgan says

CNBC
by CNBC011
CNBC – For more and to sign up click here Traders work on the floor at the New York Stock Exchange, December 9, 2019. Brendan McDermid | Reuters The “once in a decade” trade J.P. Morgan called four months ago is still alive and has more room to run. The......
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CNBC - Real Estate

Housing market index beats expectations in January

CNBC Real Estate
by CNBC Real Estate07
© 2020 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Market Data Terms of Use and Disclaimers Data also provided by...
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CNBC - Real Estate

Weakness in home sales hits remodel market

CNBC Real Estate
by CNBC Real Estate08
© 2020 CNBC LLC. All Rights Reserved. A Division of NBCUniversal Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Market Data Terms of Use and Disclaimers Data also provided by...
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CNBC Business

Here’s what happened to stock market Wednesday: Phase one deal signed

CNBC
by CNBC010
CNBC – For more and to sign up click here Dow Jones Industrial Average rises 90 points The Dow climbed 90.55 points, or 0.31%, to end the day at 29,030.22. The S&P 500 advanced 0.19% to 3,289.29. The Nasdaq Composite gained 0.08% to 9,258.70. Wall Street cheered stocks to record......
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