Small caps and consumer staples are a good place to be as consumers spend more, says Ken Kamen, managing director at Mercadien Asset Management. He is cautiously optimistic about financials. Aleksandra Michalska reports.
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Sunday, April 30, 2017
Investors still like French vote outcome - Pictet's Luca Paolini
Diversifying away from U.S. stocks and investing in European stocks and emerging Asian stocks is a more promising bet, says Luca Paolini chief strategist at Pictet Asset Management. Aleksandra Michalska reports.
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Soft GDP data weighs on Wall Street
Weak data on economic growth and consumer sentiment dragged stocks lower on the final trading day of April. But the major indexes notched weekly gains, as Fred Katayama reports.
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Friday, April 28, 2017
U.S. GDP slows to 0.7%
The U.S. economy posted its weakest first quarter growth in three years as consumers crimped on spending. Fred Katayama reports.
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GM profit soars 33 percent
GM's dominance in trucks and sport utilities helped drive profit higher. Fred Katayama reports.
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Trump's 100 days: a European business view
As President Trump completes his first 100 days in office, Sara Hemrajani reports on the view from European markets and business analysts on the U.S. leader's policies.
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Robots kill more jobs than China
President Trump blames China and Mexico for stealing American jobs. But as Fred Katayama reports, economists say most jobs are lost to automation.
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