People love to talk about the straw that broke the camel’s back. I think an anvil broke the bull market’s back last week. A straw would never have done it because, until last week, I didn’t see a lot on the back of a bull that would cause a straw to do the job. But…
My top 10 things to watch Thursday, Feb. 20 1. Wall Street was heading for a lower open Thursday after the S & P 500 closed at another record. Following Wednesday’s strength, the Dow and Nasdaq finished less 1% off their all-time highs. It is Monthly Meeting Day for the Club. Kicking off at noon…
My top 10 things to watch Wednesday, Feb. 19 1. Wall Street was headed for a mixed open, the morning after the S & P 500 closed at a record high. The Dow and Nasdaq each finished higher Tuesday, inching towards their own record highs. 2. In an almost daily barrage of trade headlines, President…
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. Danielle DeVries | CNBC Stock futures are little changed on Tuesday night after a winning session for stocks. Futures tied to the Dow Jones Industrial Average added 18 points, or 0.04%. S&P futures and Nasdaq 100 futures each gained less…
Traders work at the New York Stock Exchange on Jan. 30, 2025. NYSE U.S. stock futures rose Monday night to kick off a holiday-shortened trading week. Dow Jones Industrial Average futures advanced 106 points, or 0.2%. S&P 500 and Nasdaq 100 futures climbed 0.2% and 0.2%, respectively. Wall Street is coming off a winning week…
Investors are going to need some of their concerns around trade or inflation to lift in order for the stock market to rally again. Stocks haven’t moved much since the start of the year. Even with an onslaught of policy developments and fears of sticky inflation rocking the market in 2025, a healthy economy underpinning…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks moved off their session highs and struggled to hold onto their gains. The S & P 500 is on pace for a small…
President Donald Trump’s Stargate foray could present a major boon for these technology companies, according to Wall Street. The $500-billion joint venture between OpenAI, Oracle and SoftBank announced earlier this week aims to beef up artificial intelligence infrastructure in the U.S. Shares of Oracle and Microsoft have rallied nearly 15% and 3%, respectively, since the…
The surprise Stargate project announcement at the White House on Monday creates new opportunities for artificial intelligence-related stocks — and some other companies too, according to Wall Street analysts. The joint venture among Softbank , Oracle and OpenAI pledged to invest up to $500 billion in the U.S. ‘s AI infrastructure, with $100 billion of…
It’s a good time to check in on how the “Trump trade” is doing. The stock market rallied to fresh records after Donald Trump was declared the next U.S. president, with investors betting that his vow to cut taxes and loosen regulation will foster deal-making, stimulate the economy and support risk assets. The S &…