The latest beat-and-raise quarter from Danaher is reviving Wall Street’s hopes for the stock. Can it last? Danaher, a supplier of tools and equipment to drugmakers and hospitals, had been known for decades as an impeccably run company with reliable stock outperformance. However, since its Covid-era record close of nearly $295 per share in September…
Third-quarter earnings reports, the Federal Reserve’s latest rate decision, and developments in the China-U.S. trade war led to some wild swings in the stock market. However, all three benchmark gauges — the S & P 500 , Nasdaq , and Dow — managed to finish in the green for the week. The U.S. central bank…
My top 10 things to watch Friday, Oct. 31 1. Apple posted a great quarter last night with strength even in the company’s China market. Naysayers of the stock, who had previously cited certain iPhone lead time estimates and lukewarm reviews, along with the impact of President Donald Trump ‘s tariffs, are finally discredited. The…
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 moves: Stocks were rallying to start the week, with all three major stock benchmarks — the Dow , the S & P 500 , and…
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…
My top 10 things to watch Thursday, Oct. 23 1. Wall Street was headed for a lower open after a rough Wednesday. Bond yields, gold, and crypto were up. Oil was lower. The White House is considering export curbs on U.S. software to China, Treasury Secretary Scott Bessent confirmed yesterday. 2. U.S. crude prices jumped…
My top 10 things to watch Wednesday, Oct. 22 1. GE Vernova reported an earnings beat this morning and reaffirmed its full-year targets. The Club stock posted excellent organic orders for gas turbines, but miserable orders for wind. Wind is a rounding error. It has a giant hyperscale order and is the only company that…
Last week started with the big banks delivering strong earnings and ended with regional lenders writing off bad loans. Investors are hoping for calmer waters in the days ahead, as earnings season ramps up and Washington remains in gridlock. Here’s a closer look at what to expect over the next five trading days. 1. Market…
Wall Street gets more information on corporate America next week, with third-quarter earnings shifting into high gear. There’s also important inflation data coming. The earnings season is off to a strong start, with financials topping expectations thanks to the likelihood of lower interest rates and greater merger and acquisition activity. S & P 500 earnings…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. The stock market is higher Wednesday as a rollout of better-than-expected earnings overshadowed investor concerns on intensifying U.S.- China trade talks. President Donald Trump ‘s latest threat to China…