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The US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023.

Nathan Howard | Bloomberg | Getty Images

This report is from today’s CNBC Daily Open, our new, 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 here.

What you need to know today

Mixed markets
U.S. stocks traded mixed Monday, with the Dow Jones Industrial Average the only major index to rise. Europe’s Stoxx 600 gained 0.75%, with almost all sectors and major bourses in positive territory. Siemens Energy shares popped 6% on reports the German government will provide a financial guarantee to safeguard the company’s order book.

Consumer spending fell
U.S. October retail sales, excluding autos and gas, fell 0.08% month on month, while core retail, which excludes restaurants, declined 0.03%, according to the new CNBC/NRF Retail Monitor. The data differs from the Census Bureau’s retail sales report as it’s the result of actual consumer purchases — analyzing over 9 anonymized billion credit and debit card transactions — while the Census relies on survey responses.

Exxon invests in green tech
Exxon Mobil, one of the world’s largest oil and gas companies, said it aims to become a leading producer of lithium for electric vehicle batteries. The company will kick off this plan through a drilling operation it’s launching at a geological site it purchased earlier this year in southern Arkansas. Exxon said it will produce battery-grade lithium at the site as soon as 2027.

Jumbo Emirates order
Emirates Airline is ordering 95 Boeing aircraft in a deal worth $52 billion. Dubai’s state-owned flagship carrier is ordering 55 Boeing 777-9s and 35 777-8s, bringing the airline’s total orders for the 777X widebody jets to 205 units. This is the first major deal of the 2023 Dubai Airshow.

[PRO] Streaming wars
Streaming services are proliferating: there’s Netflix, Max, Disney+, Hulu, Prime Video — to name just a few. With such a crowded field, it’s no surprise competition is stiff and winners are scarce. But the sheer number of streaming services vying for viewers isn’t the only reason why Warren Buffett thinks it’s a tough industry.

The bottom line

This week will be a significant one for markets. October’s consumer price index comes out later today, while U.S. President Joe Biden will meet his Chinese counterpart Xi Jinping in person for the first time since last November. Investors, focused on the week ahead, are already shrugging off bad news from last week.

On Friday, Moody’s Investors Service cut its ratings outlook on the U.S. government from stable to negative. The ratings agency pointed to the country’s large fiscal deficits and the political polarization within Congress as risk factors for Treasurys.

Moody’s move wasn’t entirely new. (Standard & Poor’s and Fitch have issued similar cautions.) And even if it were, it’s hard to imagine investors spontaneously pivoting from U.S. Treasurys — the world’s largest and most liquid market.

“If we go from triple-A to double-A, what does that practically mean? … There’s still going to be demand for U.S. Treasurys en masse,” as Michael Reynolds, vice president of investment strategy at Glenmede Investment Management, put it.

Indeed, Treasury yields hardly budged Monday despite Moody’s warning. The yield on the 10-year note ticked up 1 basis point to 4.638%, while that of the 2-year shed around 3 basis points to end at 5.033%.

Stocks didn’t experience major turmoil, either. In fact, the S&P 500 was mostly flat, the Dow Jones Industrial Average added 0.16% and the Nasdaq Composite slipped 0.22%. Trading volume, based on the SPDR S&P 500, was below the 30-day average.

Today’s CPI report is likely to cause more gyrations for stocks. Economists expect October’s prices to rise 0.1% from September, and 3.3% from a year earlier.

If numbers come in close to or lower than the estimate, that’ll please investors because it means the Federal Reserve might be done with rate hikes for the year — or for the whole cycle, the optimistic will say.

As Goldman Sachs strategist Peter Oppenheimer said, the “good news is that inflation and interest rates now appear to have peaked and our economists continue to expect a soft landing. This backdrop is benign for equity markets, reducing the downside risks for investors.”

Of course, reduced headwinds don’t mean a smooth journey ahead. With the Israel-Hamas war still developing and economic data in the U.S weakening, risks persist.

— CNBC’s Jeff Cox contributed to this report.

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ENGWE Engine Pro 2.0 e-bike at exclusive new $750 low, Anker eufy S220 solar cam $65, Linkind smart solar spotlights from $23, more

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ENGWE Engine Pro 2.0 e-bike at exclusive new 0 low, Anker eufy S220 solar cam , Linkind smart solar spotlights from , more

Leading today’s pack of Green Deals is an exclusive 50% discount for our readers on the ENGWE Engine Pro 2.0 Folding e-bike at a new $749.50 low. Right behind it we have Anker’s eufy SoloCam S220 Solar Security Camera starting at $65, with some multi-pack discounts also available, as well as multi-packs of Linkind’s Smart Solar Spotlights starting from $23. From there we have a 3-in-1 tool bundle with replacement parts from Worx, a 60V 610 CFM cordless leaf blower from Greenworks, and more waiting for you below. Plus, all the hangover savings at the bottom of the page, like yesterday’s ECOVACS Goat RTK robot lawn mower low price, Rad Power’s RadWagon 4 cargo e-bike discount, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Commute up to 68 miles with exclusive 50% savings on ENGWE’s Engine Pro 2.0 folding e-bike at a new $749.50 low

We’ve secured an exclusive and budget-friendly deal from Wellbots for our readers on the ENGWE Engine PRO 2.0 Folding e-bike at $749.50 shipped, after using the exclusive promo code 9TO5ENGWE50 at checkout for 50% off. This model would normally run you $1,499 here, which we’ve seen discounted as low as $1,149 from the brand over the last year. That price is getting strong-armed out of the way with this exclusive deal that gives you a 50% markdown, putting nearly $750 back into your pocket at the best new price we have tracked.

A great alternative option for riders who want a reliable means to get through their commutes without shelling out $1,000 or more on other brands, the ENGWE Engine Pro 2.0 e-bike is a folding model that saves on space while also providing some significant travel support. The 750W rear hub motor peaks at 1,200W and comes paired with a removable 16Ah battery for up to 68 miles of pedal-assisted travel (five levels supported by a torque sensor) at up to 20 to 28 MPH top speeds, depending on what your local laws allow. Of course, you’ll have the option for pure electric travel via the throttle, though keep in mind this reduces the mileage to around 30 miles on one full charge.

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For the low price you’re getting on ENGWE’s Engine Pro 2.0, you’ll be scoring some solid features, including hydraulic disc brakes for greater stopping power, puncture-resistant all-terrain fat tires so you don’t have to fear what you may ride over, and an 8-speed Shimano derailleur for versatile pedaling options. That’s not all, as you’ll also be getting a rear cargo rack, a full suspension system, and a smart LCD screen for performance data and setting adjustments – plus, the whole thing weighs in at 70 pounds, so it’s manageable regardless of your rural/suburban/urban environment.

rain falling onto Anker eufy SoloCam S220 solar security camera

Upgrade your home security with Anker’s solar-powered eufy SoloCam S220 camera at $65

Anker is offering its eufy SoloCam S220 Solar Security Camera at $64.99 shipped, after using the on-page promo code at checkout for $35 off the price, which is beating out Amazon’s pricing by $5. Coming down off its $100 full price tag while the savings last, this model has been regularly seen dropping to $70 and more recently going lower to $65 over the last handful of months, only beaten out by the $62 low we first saw appearing during Prime Day at the top of the month. You’re looking at 35% markdown while the savings last, giving you the second-best price we have tracked if you missed out on the one-time Prime Day low. You’ll also find the camera’s multi-pack options starting from $129.99 shipped here.

If you want to learn more about this solar-powered security device, be sure to check out our original coverage of this deal here.

Daytime and Nighttime differences with Linkind's smart solar spotlights lining walkway

Save up to 34% on multi-packs of Linkind’s Smart Solar Spotlights starting from $23

By way of its official Amazon storefront, Linkind is offering its Smart Solar Spotlights starting at $22.99 shipped for a 2-pack. The price is coming down from its $35 tag, with them having spent a significant portion of recent months at $24, with some falls to $23 (including during Prime Day) and one earlier drop to the $21 low back in April. You’re looking at a 34% markdown here that cuts $12 off the tag for the second-best price we have tracked, landing just $2 above the all-time low. You’ll also find its larger bundles benefitting from discounts, with the 4-pack down at its second-best price of $48.99 shippedafter clipping the on-page 30% off coupon, while its 8-pack is down at a $90.98 low.

If you want to learn more about this outdoor lighting device, be sure to check out our original coverage of this deal here.

man trimming around tree trunk with Worx GT revolution 3-in-1 string trimmer/edger/mini-mower

Pick up the Worx GT Revolution 20V 12-inch string trimmer/edger/mini-mower with spare parts at $83 (2025 low)

Amazon is offering the Worx GT Revolution 20V 12-inch String Trimmer/Edger/Mini-Mower kit that comes with a 2.0Ah battery, 2A charger, three replacement spools, a spool holder, and replacement edger wheels for $82.99 shipped. The combination of the tool and battery alone goes for $130 at full price directly from the brand’s website, where it’s currently priced, but we’ve been seeing this larger bundle package keep down to $100 for much of the time since late March. While we have seen it drop lower in the past, the additional $17 savings from its recent going rate is the best price we have tracked over the last 12 months, even beating out its Prime Day pricing by $2.

If you want to learn more about this 3-in-1 tool, be sure to check out our original coverage of the deal here.

man clearing large pile of leaves in yard with greenworks 60V 610 CFM cordless leaf blower

Clear out your yard with up to 610 CFM air flow through this 60V Greenworks cordless leaf blower at $142

Amazon is offering the Greenworks 60V 610 CFM Cordless Leaf Blower at $142.49 shipped. Normally fetching $200 directly from the brand’s website, where this model is priced $8 higher, we’ve been seeing it keep to $180 in full at Amazon since March, with discounts dropping costs lower between $160 and $140 on average. The lowest we’ve seen this model fall was to a $135 rate on the last of Prime Day’s 4-day event, with the deal today matching the event’s first three days of pricing. You’re looking at the third-lowest price we have tracked, saving you $58 off the MSRP and landing just $7 above the all-time low.

If you want to learn more about this 60V blower, be sure to check out our original coverage of this deal here.

Best Summer EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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BYD cuts Yuan Up EV prices to just $10,500 with a new ‘Pilot’ model

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BYD cuts Yuan Up EV prices to just ,500 with a new 'Pilot' model

To celebrate 1.5 million in sales, BYD launched a new Yuan Up “Pilot” EV edition on Thursday with prices now starting at under $10,500.

BYD launches new Yuan Up Pilot with lower prices

The new base model is priced at 74,800 yuan ($11,500), which is about 25% cheaper than the current Yuan Up lineup. Previously, Yuan Up prices ranged from 99,800 yuan ($14,000) to 119,800 yuan ($16,700).

Powered by a 32 kWh BYD Blade battery pack, the new Yuan Up Pilot edition has a CLTC driving range of up to 301 km (187 miles). The other three trims have a range of 401 km (249 miles) from a 45.12 kWh battery.

Given the lower prices, BYD had to cut back somewhere. And it’s not just in range. The lower-priced Yuan Up does not include BYD’s “God’s Eye” smart driving system.

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Earlier this year, BYD upgraded most of its vehicles with the smart driving tech at no extra charge. The other three trims include the “C” version, or the lowest level of autonomy.

BYD-Yuan-Up-prices
BYD launches new lower-priced Yuan Up Pilot edition (Source: BYD)

More expensive vehicles, like those in the BYD Denza and Yangwang series, are equipped with more advanced “A” and “B” systems.

Inside, the cabin appears similar to other models, featuring a 10.1″ floating central infotainment screen and an 8.8″ driver display screen. It still features BYD’s DiLink 50 smart cockpit system, which includes voice control and connectivity support.

BYD-Yuan-Up-interior
BYD Yuan Up EV interior (Source: BYD)

Measuring 4,310 mm in length, 1,830 mm in width, and 1,675 mm in height, the Pilot edition is the same size as other BYD Yuan Up models. That’s about the size of a Hyundai Kona.

BYD-Yuan-Up-prices
BYD launches new lower-priced Yuan Up Pilot edition (Source: BYD)

According to data from CnEVPost, sales of BYD’s Yuan series fell 21% in May (31,711 units) and 29% in June (25,727 units) compared to the same period last year.

Given BYD’s aggressive push for smart tech, the new base Yuan Up could hint that a change in the Chinese automaker’s playbook is in the works. In overseas markets, the Yuan Up is sold as the Atto 2.

Last week, BYD launched its “high-energy super SUV,” the Sealion 06 EV, priced from 139,800 yuan ($21,000).

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Tesla’s new Model Y Performance spotted testing

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Tesla's new Model Y Performance spotted testing

A Tesla Model Y Performance prototype was spotted testing in California ahead of its launch in the US, which is expected soon.

Tesla launched the refreshed Model Y, often referred to as ‘Juniper’, in January 2025.

However, as it often does with design refreshes, Tesla didn’t launch the performance version of the best-selling electric SUV with the broader refresh.

The automaker stopped taking orders for Model Y Performance, but we have been expecting the variant to make a comeback under the Juniper design by the end of the year.

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While cycling near Tesla’s Palo Alto engineering headquarters, an Electrek reader spotted a Tesla Model Y prototype in camouflage, which we quickly identified as a Model Y Performance with the Juniper design refresh:

What makes us think this is a Model Y Performance? The wheels look like Plaid 20″ wheels, which are generally reserved for performance versions.

If we zoom in, we can also see that the Model Y appears to feature bigger red brake calipers – another feature that Tesla only offers on performance versions of its vehicles.

Before the refresh, the Model Y Performance achieved an EPA-estimated range of 277–285 miles (446-459 km), depending on the wheel configuration.

It accelerated from 0 to 60 mph in 3.5 seconds.

The new Model Y Performance with the Juniper refresh is expected to slightly improve on those metrics while also bringing some of the other changes introduced in the design refresh, such as a light bar, ambient interior lighting, a rear screen, and more.

Tesla previously sold the Model Y Performance for a base price of $51,500 in the US.

The new version of the vehicle is expected to launch in the coming months.

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