Cnbc news

CNBC (Consumer News and Business Channel) is a leading global financial news and information source. Here are some of the latest news and updates from CNBC:

Top Stories

  1. Stock Market: The Dow Jones Industrial Average and S&P 500 both fell sharply on Friday, with the Dow dropping over 700 points, amid concerns over the spread of the coronavirus and its impact on the global economy.
  2. Economy: The US economy added 225,000 jobs in January, exceeding expectations, but the unemployment rate rose to 3.6%, according to the Labor Department's latest report.
  3. Tech: Tesla's stock surged over 10% on Friday after the company reported a surprise profit in the fourth quarter, despite concerns over the impact of the coronavirus on its business.
  4. Politics: The US and China have reached a tentative agreement on a phase one trade deal, which could help to ease tensions between the two countries and boost global trade.
  5. Cryptocurrency: The price of Bitcoin fell sharply on Friday, dropping below $9,000, amid concerns over the impact of the coronavirus on the global economy and the potential for increased regulation.

Business News

  1. Retail: Retail sales fell 0.3% in December, according to the Commerce Department, as consumers cut back on spending amid concerns over the economy.
  2. Energy: Oil prices fell sharply on Friday, dropping below $50 a barrel, amid concerns over the impact of the coronavirus on global demand.
  3. Automotive: General Motors and Ford both reported strong sales in January, despite concerns over the impact of the coronavirus on the global auto industry.
  4. Finance: JPMorgan Chase and Bank of America both reported strong earnings in the fourth quarter, despite concerns over the impact of the coronavirus on the global economy.
  5. Real Estate: The US housing market showed signs of slowing down in January, with existing home sales falling 3.7% from the previous month, according to the National Association of Realtors.

Market Data

  1. Stock Market: The Dow Jones Industrial Average fell 700 points on Friday, closing at 29,398.
  2. S&P 500: The S&P 500 fell 2.1% on Friday, closing at 3,375.
  3. Nasdaq: The Nasdaq Composite fell 2.5% on Friday, closing at 9,744.
  4. Gold: The price of gold fell 0.5% on Friday, closing at $1,575 an ounce.
  5. Oil: The price of oil fell 3.5% on Friday, closing at $49.50 a barrel.

These are just some of the latest news and updates from CNBC. For more information, please visit the CNBC website or follow them on social media.