CNBC Daily Open provides a roundup of global market news, including Nissan's financial challenges, a surge in Chinese mergers and acquisitions, and the Dow Jones Industrial Average's extended losing streak.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe. Nissan , which owns 24%, making it the top shareholder, is under the holding company eventually. Nissan 's been struggling of late: its second-quarter operating profit lost around 0.
4% as investors assessed the country's wider-than-expected trade deficit in November, and await the Bank of Japan's interest rate decision this week. According to data from Dealogic, the 63 deals this year raised $10.65 billion, more than 80% higher than the combined value in 2023. It's a sign that Chinese lawmakers' of 27 respondents, comprising economists, strategists and fund managers, showed that only 63% think it's the right move for the Fed., but the chipmaker is still up a 163.3% year to date. That suggests some investors may have been taking profit from Nvidia's breathtaking rally. Using charts, CNBC Pro analyzes when it's optimal for investors to take profits. In February 1978, the Bee Gees' song 'Stayin' Alive' was the top Billboard song of the month. It was also the anthem for the Dow Jones Industrial Average, which was struggling with nine straight days of losses. Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly Almost fifty years ahead, the Dow is mired in nine-day losing streak again. To take another cue from the Billboards chart, all investors want for Christmas is the Dow to stop bleeding red. which has contributed to more than half of the index's decline over the past eight sessions, noted CNBC's Yun Li. The health insurance company was rocked by a Outside the Dow, the stock market is still cheery. Despite the S&P and the Nasdaq also slipping in their last trading session, both indexes are hovering near their record close
Global Markets Nissan China M&A Dow Jones Stock Market
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Global Markets Dip as Dow Jones Faces Nine-Day Losing StreakGlobal markets experience a dip, led by a decline in banking stocks. The Dow Jones Industrial Average suffers a nine-day losing streak, mirroring a similar downturn in 1978. While the S&P and Nasdaq remain near record highs, the Dow's struggles highlight potential concerns within traditional industries.
Read more »
Global Markets Weigh Down by Banking Stocks, Dow in Nine-Day Losing StreakGlobal markets are experiencing a decline, primarily driven by a drop in banking stocks. The Dow Jones Industrial Average is enduring a nine-day losing streak, mirroring a similar pattern from 1978. While the Dow struggles, other indexes like the S&P and Nasdaq are near record highs, indicating that 'old-economy' stocks are performing poorly.
Read more »
Nissan and Honda in Merger Talks to Bolster Global Automotive PresenceNissan and Honda are reportedly in discussions for a potential merger, aiming to strengthen their position in the evolving automotive landscape. The Nikkei reports that both companies are exploring a holding company structure and plan to sign a memorandum of understanding soon.
Read more »
Nissan Sales Hold Steady, But Global Production Drops Signal Trouble AheadTariffs suggested by Donald Trump could cause even more trouble for the Japanese brand
Read more »
MiYa Chinese Brings Authentic Chinese Dishes to East DallasA definite upgrade from the Pei Wei that was there.
Read more »
Nissan, Honda Shares React to Merger SpeculationNissan's stock surged while Honda's dipped after reports that the Japanese automakers might merge under a holding company. The Nikkei newspaper reported that Honda and Nissan are planning to sign a memorandum of understanding soon, potentially bringing Mitsubishi Motors, in which Nissan holds a 24% stake, under the umbrella. While Nissan confirmed exploring collaboration possibilities, no decisions have been made.
Read more »