The post-election rally came to a halt this week as investors started to get a better sense of what a second Donald Trump term might look like, with the president-elect announcing several picks for ranking positions within his administration. By Friday’s close, the S & P 500 was 2.08% lower on the week, while the…
CNBC’s Jim Cramer on Friday highlighted the biggest events next week on Wall Street, pinpointing earnings reports from Nvidia, TJX and Walmart. And as postelection worries create an uncertain market landscape, he advised that investors proceed with caution. “Look, I’ve told you that there are many pitfalls with individual stocks when it comes to Trump…
My top 10 things to watch Wednesday, Nov. 13 1. Wall Street exhaled after October inflation data came in as expected. Stocks were now set to open Wednesday’s session slightly higher after futures had spent the morning lower. Bond yields slid on the data. The S & P 500 and Nasdaq saw their postelection winning…
Here are five key things investors need to know to start the trading day: 1. On the lookout 2. Home Depot raises outlook A Home Depot store in Louisville, Kentucky, US, on Monday, Aug. 14, 2023. Jon Cherry | Bloomberg | Getty Images Home Depot beat Wall Street expectations as quarterly sales rose 6% year…
My top 10 things to watch Tuesday, Nov. 12 1. Wall Street was taking a breather early Tuesday after the Dow , the S & P 500 , and the Nasdaq extended their record-breaking post-election rallies. We’re going to look at how long the Trump trade can last on Thursday at our November Monthly Meeting…
Traders work at the New York Stock Exchange (NYSE), Friday, November 8, 2024. Source: NYSE Stock futures are near flat Monday night as Wall Street continued analyzing which sectors to pour money into amid a postelection rally that’s sent equities to record levels. Futures tied to the Dow Jones Industrial Average lost 37 points, or…
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 rotation: The Dow was the big winner Monday, tracking for its first close above 44,000. However, the pressure on the S & P 500 and…
Here are five key things investors need to know to start the trading day: 1. Still going 2. Counting coins Nicolas Economou | Nurphoto | Getty Images Bitcoin broke $80,000 over the weekend. It was a record high for the cryptocurrency, which has been on a run since President-elect Donald Trump’s victory last week. By…
President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Drew Angerer | Getty Images Talk about an eventful week. Normally, when the Fed cuts interest…
Wall street analysts feel good about one of our retail stocks but apprehensive about another. The news on Home Depot Telsey Advisory Group, a leader in retail industry analysis, upgraded Home Depot stock to a buy-equivalent outperform on Friday. The research firm also increased its 12-month price target to $455 per share from $360, implying…