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This is CNBC's live blog covering European markets. European markets are heading for a mixed open Wednesday as investors continued to assess the potential impact of President-elect Donald Trump 's plans to hike tariffs. 24/7 San Diego news stream: Watch NBC 7 free wherever you are The U.K.'s FTSE 100 index is expected to open 5 points higher at 8,267, Germany's DAX down 21 points at 19,285, France's CAC down 39 points at 7,160 and Italy's FTSE MIB down 173 points at 33,150, according to data from IG. Trump said Monday that one of his first acts in office would be to impose an additional 10% tariff on all Chinese goods entering the U.S., and threatened a 25% tariff on products from Mexico and Canada, ending a regional free trade agreement. Economists have warned of the potential inflationary impact of Trump's fiscal plan, which could see the U.S. Federal Reserve cutting interest rates at a slower pace. Overnight, Asia-Pacific markets were mixed Wednesday , following gains on Wall Street that saw the S&P 500 and the Dow Jones Industrial Average reach new intraday and closing records. U.S. stock futures were little changed on Wednesday morning as traders await the release of the Fed's favorite inflation gauge: the personal consumption expenditures price index. Money Report OpenAI gets new $1.5 billion investment from SoftBank, allowing employees to sell shares in a tender offer Samsung Electronics appoints co-CEO in leadership shuffle focused on chip divisions; shares drop Earnings are set to come from Easyjet and data releases include German and French consumer confidence. CNBC Pro: 'Cargojet is expensive': Short seller bets against Canada's largest cargo airline A London-based hedge fund is betting against Cargojet , Canada's largest cargo airline, citing concerns about the company's aging fleet, accounting practices, and leadership style. The company did not respond to requests for comment from CNBC Pro. Edgar Allen, founder and chief investment officer of High Ground Investment Management, revealed his firm's bearish stance on Cargojet during the Sohn investment conference earlier this month. CNBC Pro subscribers can read more here. — Ganesh Rao CNBC Pro: U.S., China and more: Value investor reveals what to buy as Trump tariffs loom News that U.S. President-elect Donald Trump's plans to hike tariffs on imports from China, Canada and Mexico sent ripples across global markets Tuesday. Peter Boockvar, chief investment officer at the U.S.-headquartered Bleakley Financial Group, revealed his take on the tariffs, as well as sectors — and stocks — he is watching globally. CNBC Pro subscribers can read more here. — Amala Balakrishner European markets: Here are the opening calls European markets are expected to open in mixed territory Wednesday. The U.K.'s FTSE 100 index is expected to open 5 points higher at 8,267, Germany's DAX down 21 points at 19,285, France's CAC down 39 points at 7,160 and Italy's FTSE MIB down 173 points at 33,150, according to data from IG. Earnings are set to come from Easyjet and data releases include German and French consumer confidence figures. — Holly Ellyatt Also on CNBC Stock futures are little changed as Wall Street awaits Fed’s preferred inflation reading Stocks making the biggest moves after hours: Dell Technologies, Workday and more The Fed's favorite inflation gauge is out Wednesday. It could show some bad news
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HOUSTON (AP) — The Houston Texans made mistakes in every facet of the game Sunday against the Tennessee Titans to lose for the third time in four games. C.J. Stroud threw two interceptions, the defense gave up multiple big passing plays and Ka′imi Fairbairn missed a 28-yard field goal that would have tied it late in a 32-27 loss . “Just a disappointing loss for us,” coach DeMeco Ryans said. “We didn’t do anything well enough to win this game. Out of all the positives that we did have, there were way too many negatives, too many negative plays.” Jimmie Ward had a 65-yard interception return for a touchdown in the third quarter and the Texans tied a franchise record with eight sacks. Danielle Hunter led the group with a season-high three sacks and Will Anderson Jr. added two in his return after missing two games with an ankle injury. But the offense sputtered for most of the game as Joe Mixon was held to 22 yards on 14 carries. But Ryans refused to blame the offense for the loss. “Our offense did plenty," Ryans said. "They gave us enough points. On defense, we have to be able to stop them.” Chig Okonkwo grabbed a short pass and rumbled 70 yards for a touchdown to put the Titans (3-8) up 30-27 with 91⁄2 minutes remaining. Safety Eric Murray missed a tackle that would have stopped him near midfield. It was the last of three big passing plays the Titans had Sunday. Nick Westbrook-Ikhine got in front of the defense and was wide open for a 38-yard TD catch that made it 10-7 late in the first quarter. Calvin Ridley had a 63-yard reception that set up their next touchdown in the second. “It was just way too many negative plays,” Ryans said. “Defensively, unexplainable explosives for touchdowns. We didn’t play good across the board and that starts with me.” Despite this, the Texans (7-5) had a chance to tie it with less than two minutes remaining, but Fairbairn’s short field-goal attempt sailed wide left. He fell to the ground after the miss before getting up and slamming his helmet on the field. “The most frustrating part about it is out of all the bad things that happened, we still had a chance to finish the game,” Ryans said. “Everything that could go wrong, it went wrong. We still had a chance there to tie it up and finish the game, and we didn’t.” The Texans forced a three-and-out, but couldn’t move the ball after that and Harold Landry sacked Stroud in the end zone for a safety to make it 32-27 and allow Tennessee to snap a two-game skid. Stroud threw for 247 yards and two touchdowns, but his two interceptions Sunday give him five combined in the past three games. He now has more interceptions in 12 games this season (nine) than he had in 15 games as a rookie last season (five). “It’s no secret that I haven’t been playing well ... I’ve got to be harder on myself,” he said. “I’m not going to hold my head down. I know I can be a great player, but I’ve got to make better plays.” AP NFL: https://apnews.com/hub/nflSan Jose brings losing streak into game against Los AngelesWright runs for 118 yards and 2 TDs, No. 13 Illinois State gets 1st win over North Dakota, 35-13None
Patrick Mahomes and the Kansas City Chiefs secured their 10th win of the 2024 NFL season after defeating Bryce Young and the Carolina Panthers 30-27 in Charlotte, North Carolina. Both quarterbacks delivered solid performances in a game that came down to the final seconds. Mahomes finished by completing 27-of-37 passes for 269 yards and three touchdowns while adding another 60 yards with his feet. He also led Kansas City to a game-winning drive, setting up kicker Spencer Shrader for a go-ahead field goal as time expired. Young, on the other hand, after being benched earlier in the year, had led Carolina to two straight wins prior to Week 12. Against the Chiefs, the former Alabama Crimson Tide star completed 21-of-35 passes for 263 yards and a score. Jim Dedmon-Imagn Images After the game, Mahomes spoke to the media in a postgame press conference. The two-time NFL MVP had high praise for Young following a close battle. "I thought he played his tail off, man," Mahomes said of Young. "You know, its funny, I think Texas Tech was the first one to offer him when he was in eighth grade. And I was at Texas Tech so I remember watching his highlight tapes and knew he was going to be a great player. Obviously, he went to Bama, was the first draft pick." Mahomes then commented on Young's play over the last couple of weeks. "It's been cool to see him bounce back these last few weeks and play some great football because I know he has it," Mahomes added. "I've seen it for a long time, and he gave us a scare today because he played his tail off." Finally, a reporter asked if Mahomes felt threatened by an eighth-grade Young. "I was hoping to be out of there before he got there," Mahomes commented. "He's been a great player for a long time and won a lot of football games." Pat Mahomes says Bryce Young “played his tail off” and gave the Chiefs a scare. pic.twitter.com/DJ9YvYSm5L Week 12 marked the first meeting between Mahomes and Young in their football careers, and now the Chiefs quarterback has a 1-0 advantage. Still, it appears Young is finally starting to prove why Carolina made such a big trade to acquire him. Related: Brittany Mahomes' One-Word Message To Patrick Mahomes After Chiefs-Panthers
With Ghana’s 2024 Presidential and Parliamentary elections fast approaching, political campaigns are reaching a fever pitch in the Western Region, as candidates from various parties make a final push to win over voters. Key political figures from the National Democratic Congress (NDC) and the New Patriotic Party (NPP) are leaving no stone unturned, staging rallies, commissioning projects, and making bold promises in a last-ditch effort to sway the electorate. In Essikadu-Ketan, NPP Parliamentary candidate Charles Cromwell Nanabanyin Onuawonto has announced a “final rally” scheduled for Wednesday, December 4, with the participation of incumbent Member of Parliament Joe Ghartey. The NDC’s contender, Dr. Grace Ayensu Danquah, recently led a massive walk, with reports of “thousands pouring onto the streets” in a jubilant demonstration of support, declaring, “Essikadu-Ketan is in the bag.” Meanwhile, in the Evalue Gwira Ajomoro Constituency, incumbent NDC MP Kofi Arko Nokoe is set to commission a new maternity ward at Ewoku on Tuesday, December 3, further solidifying his standing. Former MP Catherine Afeku, now seeking a return to Parliament, is taking a more discreet approach, with close associates describing their strategy as “submarine-like,” focusing solely on the ultimate prize. In Sekondi Constituency, political campaigns have intensified like never before, with simultaneous health walks and music festivals adding to the charged atmosphere. NPP’s incumbent MP Andrew Egyapa Mercer has been active, overseeing road rehabilitation in Sekondi Zongo and commissioning a new health facility at Adiembra. He also broke ground for a new Astroturf at Ekuase and promised another one in Nkotompo. His challenger, NDC’s Lawyer Blay Armah, has taken an interactive approach, regularly engaging with constituents and offering interest-free loans to traders, a move that could be pivotal in the race. Several radio stations in Sekondi-Takoradi are also gearing up for interviews with key political figures, including some who rarely grant media appearances, highlighting the high stakes of the upcoming elections. The crown jewel of these last-minute political activities may well be the commissioning of one of the Agenda 111 Hospitals in Bokro, Ahanta West District, by President Akufo-Addo, marking a significant milestone in the region’s development ahead of the polls.
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Future of Edwards Ice Arena can 'go a lot of directions'Thousands of protesters marched through Barcelona on Saturday demanding lower rents in Spain's second city. Barcelona, which has already taken action to stop the spread of holiday rental apartments, is the latest Spanish city to see protests for cheaper housing. Backed by left-wing parties and unions, the demonstrators gathered in central Barcelona behind a giant banner declaring "Lower the rents". "Today a new political cycle starts concerning housing," Carme Arcarazo, spokesperson for the Catalan Tenants Union, the main organiser, told reporters. "Investors must not be allowed to come to our cities and play with the apartments like a game of Monopoly," she added. The union would target "profiteers" who are taking "half of our salaries", Arcarazo said. The demonstrators demanded a 50 percent cut in rents, leases with an unlimited term and a ban on "speculative" sales of buildings. They threatened to start a rent strike. An estimated 22,000 people took part in a similar demonstration in Madrid on October 13. Campaigns have been launched in other cities. According to the Idealista specialised website, rental prices per square metre have risen 82 percent across Spain over the past decade. The average salary has gone up by 17 percent in that time, according to the national statistics institute. Facing pressure over a housing crisis, the government in 2023 passed legislation calling for more social housing, greater restrictions on rents in high demand areas and penalties for owners who do not occupy properties. But rents have continued to rise while the government has battled city and regional authorities to get some parts of the law applied. vid-vab/tw/jm