3 hours ago
CNBC Pro: How to build a diversified bond portfolio with up to 6% yield from the pros.
3 hours ago
CNBC Pro: These global tech stocks are included in Citi’s “High Conviction” list. One was given an upside of almost 80%
Tech stocks have already performed well, and investors may be wondering if there’s more to come.
Investors looking for more upside in tech stocks should consider some of the tech stocks included in Citi’s list of top “high-conviction” stocks from markets in the U.S., Europe, Asia Pacific, and Latin America. You can do it too.
CNBC Pro subscribers can read more here.
— Tan Weizhen
Friday, February 9, 2024 4:12pm EST
S&P 500 closes above 5,000 for the first time
The S&P 500 index rose 0.57% to end at 5,026.61, the first time in history it closed above 5,000. The Nasdaq Composite Index rose 1.25% to close at 15,990.66, and the Dow Jones Industrial Average fell 54.64 points, or 0.14%, to close at 38,671.69.
The S&P rose 1.4% this week, the Nasdaq rose 2.3% and the Dow ended flat. All three major averages recorded their fifth straight winning week, marking their 14th positive week in 15 years.
— Samantha Subin
Friday, February 9, 2024 3:22 PM EST
NYCB insiders buy up distressed bank stock
Executives at New York Community Bancorp are betting their personal fortune on the bank’s stability. Seven company insiders bought NYCB stock this week, according to Verity Data.
These insider buying can also lead to increased confidence from outside investors.
NYCB stock rose more than 13% in afternoon trading, but the stock remains below $5 per share.
See chart…
NYCB stock rebounded on Friday.
Friday, February 9, 2024 3:04 PM EST
India, Japan, and Israel ETFs will outperform in 2024
See chart…
India, Japan, and Israel ETFs will outperform in 2024