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 subscribearen't sufficient, analysts told CNBC in a story published on Singles' Day, a massive Chinese shopping event that celebrates singles. A fast-aging population and slow price increases mean retail sales on Nov. 11 may disappoint those in the industry.
, that pushed up its shares 29%. It's now up 30% year to date. Meanwhile, CEO Elon Musk endorsed the idea, raised by Sen. Mike Lee, of allowing presidents toAfter a hot week in the stock market, spurred by the election of Trump as the next U.S. president and the Federal Reserve cutting rates by 25 basis points,will determine if the buoyance in markets can continue. CNBC Pro's Sarah Min gives a recap of what happened last week and what to look forward to this week.
The economy could experience some speed bumps too. Policies proposed by Trump, such as higher tariffs and stricter immigration, might decrease growth and increase inflation, or at least slow down the pace of disinflation, said Barclays.While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.