Short and sweet: That was this week’s stock market in a nutshell. The second half of the year kicked off in record style, with both the S & P 500 and the Nasdaq closing at multiple all-time highs, including in Thursday’s holiday-shortened session. The U.S. stock market is closed on Friday for the Fourth of…
1. The S & P 500 was on track for another record-high close in Thursday’s shortened trading session. The government’s June jobs report was strong, with better-than-expected nonfarm payroll growth and a lower-than-expected unemployment rate. Jim Cramer said that Federal Reserve Chairman Jerome Powell’s wait-and-see approach to interest rates was proven correct again. Even if…
My top 10 things to watch Thursday, July 3 1. Wall Street is set for a higher open after better-than-expected June job creation. The S & P 500 closed at another record high yesterday as President Donald Trump announced a Vietnam trade deal. Investors are also watching House voting on the Trump-backed megabill of spending…
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: The S & P 500 was nicely higher on Wednesday, with the broad market index on pace for another record close. The session follows…
Check out the companies making headlines before the bell. Tesla — Shares of the electric vehicle maker jumped about 5% after second-quarter vehicle deliveries came in better than feared. Tesla delivered 384,000 vehicles during the period, a 14% decline from a year ago. The number was still shy of analyst estimates of 387,000 deliveries, according…
My top 10 things to watch Wednesday, July 2 1. Apple was upgraded to a hold from sell at Jefferies, which said its pull-forward sales due to tariffs, along with market share recovery in China, could raise June quarter sales and EPS 5% to 9% higher than the Street consensus. But second half of year…
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the Dow Industrials rose 400 points amid a rotation into health-care names, and what’s…
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 : The S & P 500 and Nasdaq were modestly higher Monday after logging record-high closes on Friday. They are both poised to close…
My top 10 things to watch Monday, June 30 1. Wall Street looks to pick up where it left off on Friday after the S & P 500 and Nasdaq closed at record highs . The market took the Israel-Iran conflict in stride. With one trading day left in June, both stock benchmarks are up…
When the tyranny of the “Magnificent Seven” ended, I always figured the money would go to the rest of tech. I also didn’t think that there would be anything left of the Mag 7 to invest in. They would all be obliterated as part of a source-of-funds move. Club name Nvidia would be grounded by…