The CNBC app, global market news in one place. Customizable sections and personalized alerts. Stocks tracking, interactive charts, and market insights, all in your hands.Stay connected, stay informed. Download the CNBC app today. A very good morning and happy Friday to you.Welcome to Squawkbox Europe. I'm Juliana Tatab with Sylvia Amaro this morning and these are your headlines. Global equity markets push higher as US core inflation meets expectations while jobless claims hit their highest level in almost f ...

Market Overview - The U.S. stock market is experiencing its broadest rally since late May, with record highs across major indices including the Dow Jones Industrial Average, S&P 500, NASDAQ, and Russell 2000 [2][9] - The market is pricing in the possibility of three interest rate cuts this year and potentially six cuts by 2026, although caution is advised ahead of comments from Federal Reserve Chair Jay Powell [6][5] Company Highlights - Angel Studios, known for religious films like "Sound of Freedom," went public and rang the bell at the NYSE [8] - Rent the Runway shares surged by 30% during the regular session but fell in after-hours trading after reporting quarterly revenue of approximately $80.9 million and a loss per share of $6.55 [12][13] - Warner Brothers Discovery saw a significant gain of nearly 29% following news of a potential cash bid from Paramount Skydance [14][15] - Micron Technology's shares rose by 7.5% as Citi raised its price target to $175, citing growth potential in the data center market [17][18] - Adobe reported revenue of $5.99 billion, slightly above guidance, and raised its fiscal year revenue and EPS targets, leading to a 7% increase in after-hours trading [23][27][28] Sector Performance - The materials sector led gains, with Dow Chemical performing particularly well, while healthcare and consumer discretionary sectors also saw significant increases [10][11] - Energy was the only sector to decline, albeit slightly [11] - Oracle and Netflix were among the worst performers in the S&P 500, with Oracle down 6.2% after a strong previous day, and Netflix down 3.5% due to competitive pressures from potential media consolidation [20][21]

The S&P 500 Index ($SPX) (SPY) today is up +0.22%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.17%.  September E-mini S&P futures (ESU25) are up +0.30%, and September E-mini Nasdaq futures (NQU25) are up +0.20%. Stock indexes are moving higher today, with the S&P 500, the Dow Jones Industrials, and the Nasdaq 100 all posting new all-time highs.  Stocks are supported after today's as-expected Aug CPI report and an unexpected surge in weekly jo ...

Economic Factors - A Fed rate cut would be meaningful in boosting demand for vehicles assembled in America [1] - A tariff rollback for Canada and Mexico would be meaningful in boosting demand for vehicles assembled in America [1]

Today, Bitcoin climbs following an encouraging inflation reading. NASDAQ plans to invest $50 million in a partnership with crypto exchange Gemini. And Sylvia Fredo, general counsel of Miston Labs, weighs in on regulatory advancements for crypto in the US.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Major cryptocurrencies are in the green as of midday and the S&P 500 jumped to a new record after a reading on wholesale prices unexpectedly dropped.A welcome development for investors vying for a Fed rate c ...

Bitcoin gains 0.5% as August PPI drop boosts Fed rate cut bets, trading above $114,000 ahead of key inflation data.Read more: https://t.co/c3alaaWabM ...

Group 1 - The latest Producer Price Index (PPI) data indicates a slight decline, which contrasts with persistent price pressures above the Federal Reserve's target [3][7] - Core inflation, measured by the personal consumption expenditures price index excluding food and energy, increased to 2.9% in July, while the core consumer price index rose at a 3.1% annual rate [3][5] - The PPI unexpectedly decreased by 0.1% in August, with service costs falling by 0.2%, while the annual increase was 2.6%, surpassing the Fed's long-term inflation target of 2% [7] Group 2 - Traders in interest rate futures have raised the likelihood of a 0.75 percentage point cut in the benchmark interest rate by December, with a 73% probability noted [4] - Fed officials have shown concern regarding signs of weakness in the job market and are leaning towards loosening monetary policy despite inflation being above target [5] - Import duties are expected to raise prices by 1% to 1.5% temporarily, with the impact fading by the second half of 2026 [6]

Bitcoin eyes breakout as 50bps Fed rate cut odds climb to 17% and dollar wobbles Markets are pricing about 30 basis points of easing for the Sept. 17 Federal Open Market Committee decision, split between a base case quarter point cut and a smaller tail for 50 basis points. Should rates drop 50bps, Bitcoin could eye a return to all-time highs. According to CME Group’s FedWatch tool, probabilities as of Sept. 10 at 7:30 A.M. CT stood near 90 percent for a 25 basis point move, about 10 percent for 50, and ...

Economic Indicators - The Bureau of Labor Statistics reported a 0.1% drop in the producer price index (PPI) for August, indicating reduced pressure on producers to raise prices, which increases the likelihood of a Federal Reserve rate cut next week [1] - The core PPI, excluding food, energy, and trade, rose by 0.3% month-over-month, the fastest pace since March, bringing the year-over-year core rate to 2.8%, suggesting persistent underlying price pressures despite subdued goods inflation [4] Cryptocurrency Market Reaction - Bitcoin (BTC) gained approximately 0.5% in the hour following the release of the new U.S. economic data, trading over $114,000, which is 2.3% higher than the previous week but still 5.7% below its price 30 days ago [2] - Ethereum also saw a slight increase of 0.2%, trading at $4,382.10 after the PPI announcement [2] Market Sentiment and Predictions - Users on Myriad, a prediction market, show increased confidence that Bitcoin can remain above $105,000 throughout September, with 72% of users believing in this price stability [3] - The Crypto Fear & Greed Index has shifted from a greed reading of 70 to a neutral rating of 49, indicating a change in market sentiment [6] Federal Reserve Expectations - With the Federal Open Markets Committee (FOMC) meeting approaching, there is a strong expectation (88%) among investors for a 25 basis point rate cut, while 12% anticipate a 50 basis point cut [7] - Upcoming economic indicators such as non-farm payrolls and unemployment data are expected to significantly influence market volatility and crypto prices [7]

Benchmark Sensex rose by 323 points while Nifty closed higher for the sixth consecutive day on Wednesday following buying in IT, select financial and capital goods shares amid renewed optimism over a successful conclusion of India-US trade talks.Photograph: Francis Mascarenhas/ReutersThe 30-share BSE Sensex climbed 323.83 points or 0.40 per cent to settle at 81,425.15, registering its third straight day of gain.During the day, it jumped 542.56 points or 0.66 per cent to 81,643.88. Rising for the sixth conse ...