Stocks jumped for the second straight week and reached record highs Friday as Washington trade and shutdown drama took a back seat to cooler inflation data and stronger earnings. The S & P 500 and Nasdaq rose 2% and 2.3%, respectively, for the week. In fact, the S & P 500 on Friday peaked above…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap off Friday’s key moments. 1. The stock market rose Friday, with all three major indexes hitting fresh intraday record highs. Cooler-than-expected inflation data boosted investor optimism that the Fed will keep cutting rates to…
Earnings season next week goes into overdrive as more than 150 companies in the S & P 500 report their quarterly results. Most of the “Magnificent Seven” tech firms are among them. With Tesla already out and Nvidia not out until Nov. 19, that leaves Alphabet and Club names Amazon , Apple , Meta Platforms…
The dollar was adrift on Monday as markets looked ahead to a raft of U.S. labor market data this week. Jeremy Horner | Corbis Documentary | Getty Images The U.S. dollar was lower on Friday after fresh U.S. inflation data showed that U.S. consumer prices increased slightly less than expected in September, keeping the Federal…
Prices that people pay for a variety of goods and services rose less than expected in September, according to a Bureau of Labor Statistics report Friday that keeps the door wide open for another interest rate cut next week. The consumer price index showed a 0.3% increase on the month, putting the annual inflation rate…
Tesla CEO Elon Musk lashed out at the leading shareholder advisors on Wednesday, shining a spotlight into a corner of Wall Street that wields enormous influence among the largest institutional investors. Musk said proxy advisors Institutional Shareholder Services and Glass Lewis “have no freaking clue” after ISS last week recommended shareholders reject Musk’s near $1…
U.S. President Donald Trump (left) and Chinese President Xi Jinping. Jim Watson and Peter Klaunzer | Pool, AFP | Getty Images U.S. President Donald Trump will meet Chinese President Xi Jinping next week as part of his trip to Asia, as the world’s top two economies seek to dial down tensions in search for a…
A HDR evening shot taken at sunset of the Tokyo skyline. Fgm | E+ | Getty Images Asia-Pacific markets rose Friday, after the White House said that U.S. President Donald Trump and China’s President Xi Jinping were set to hold talks next week. U.S. Press Secretary Karoline Leavitt said Trump will leave for Malaysia late…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Oct. 22, 2025. Brendan McDermid | Reuters Stock futures are little changed Thursday night ahead of a key inflation print. Futures tied to the Dow Jones Industrial Average fell 13 points, or 0.03%. S&P futures ticked up 0.06%,…
U.S. President Donald Trump speaks holding a photos of the new ballroom during a meeting with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC on October 22, 2025. Salwan Georges | The Washington Post | Getty Images Big Tech and other publicly traded companies are helping to…