CNBC Daily Open: Consumers in U.S. and China are powering their economies
Publishing timestamp: 2023-10-18 02:00:01
Summary
The article discusses the mixed performance of U.S. stocks and Asia-Pacific markets, with a focus on China's better-than-expected economic data. It also mentions the earnings reports of Goldman Sachs and Bank of America, as well as the new ban on Nvidia chips. The article highlights the impact of rising Treasury yields on the stock market and the potential for strong GDP growth.
Sentiment: MIXED
Tickers: GSBD, .DJI, NVDA, .SPX, GS, .IXIC, BAC, JPM,
Keywords: earnings, retail industry, economic events, bank of america corp, nasdaq composite, china, nvidia corp, u.s. treasury bonds, markets, s&p 500 index, business news, goldman sachs bdc inc, vladimir putin, goldman sachs group inc, joe biden, world markets, jpmorgan drn, dow jones industrial average, united states, banks, germany, xi jinping,
Source: https://www.cnbc.com/2023/10/18/stock-markets-consumers-in-us-and-china-are-powering-economies.html