My top 10 things to watch Friday, Dec. 20 1. Wall Street was back in the soup Friday morning but trimming some losses on a cooler reading from the Federal Reserve’s favorite inflation measure. The S & P 500 and Nasdaq closed modestly lower Thursday for their third straight session. The Dow closed slightly higher, breaking…
We’re buying 50 shares of CrowdStrike at roughly $354 each and 25 shares of Home Depot at roughly $390. Following Thursday’s trades, Jim Cramer’s Charitable Trust will own 200 shares of CRWD, increasing its portfolio weighting to 2% from 1.5%. The Trust will also own 225 shares of HD, increasing its weighting to 2.5% from…
My top 10 things to watch Thursday, Dec. 19 1. Micron is dead right about data center demand but very wrong about cellphone and PC demand, particularly weakness in NAND memory chips used in those markets. Micron reported solid earnings results Wednesday while lowering its outlook. Truly a mistake on CEO Sanjay Mehrotra’s part. Micron…
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE Futures linked to the Dow Jones Industrial Average were little changed on Tuesday night as traders looked ahead to the Federal Reserve’s December interest rate decision. Dow futures were trading just below the flatline. S&P 500 futures slipped 0.1%, while Nasdaq 100…
The Federal Reserve will take center stage in the coming days as Wall Street attempts to put a mixed week behind it. The Dow Jones Industrial Average on Friday registered its seventh consecutive down session, its longest losing streak since 2020, on its way to falling 1.8% for the week. The S & P 500…
A trader wearing a Trump hat works on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 6, 2024. Bloomberg | Bloomberg | Getty Images Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up…
CNBC’s Jim Cramer reviewed Monday’s market action, saying the session’s moves reflect investors who feel Vice President Kamala Harris could win the presidency, even as the race remains deadlocked in the polls on the eve of Election Day. “I’m not sure the market’s right about what a Harris presidency would mean for business, but at…
Traders work on the floor of the New York Stock Exchange on September 18, 2024 in New York City. Stephanie Keith | Getty Images 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….
The first two trading weeks of September have whiplashed investors. Last week was strong as stocks staged a comeback following favorable updates on inflation and a slew of companies at various analyst conferences. September is known as the worst month of the year for stocks. While all three Wall Street benchmarks are still slightly lower…