Amazon is axing the program as CEO Andy Jassy undergoes a sweeping review of the company’s costs.

“While I won’t be contesting the election, I know the issues that impact New Zealanders most will remain the focus of the government through this year and into the election,” she said.

Investor cash holdings are near record highs, and that could be good news for stocks since there is a wall of money ready to come right back into the market.

Morgan Stanley’s Andrew Slimmon says he believes stocks are going to do “far better” than most expect this year.

Shares in the Asia-Pacific trade mixed following losses on Wall Street.

Trent Masters of Alphinity Investment Management told CNBC Pro Talks he picks stocks with one key quality: earnings resilience.

“The charts, as interpreted by Jessica Inskip, suggest that we’re at an important moment where the S&P 500’s found an equilibrium,” he said.

Jim Cramer warned that stocks could continue to see pain at least in the short term.

Stocks fell Thursday, building on losses from the previous session as rate and recession fears dented market sentiment.

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