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 poised to close out the week on a strong note. Friday’s gains put the S & P 500 on track for a…
My top 10 things to watch Friday, Jan. 17 1. President Joe Biden will not force TikTok to shut down its U.S. operations on Sunday, a day before President-elect Donald Trump is sworn in, NBC News and multiple other media outlets reported, citing sources. Trump has signaled support for keeping TikTok, and its CEO is…
My top 10 things to watch Wednesday, Jan. 15 1. Stock futures soared and bond yields fell after the December consumer price index came in slightly cooler to in-line versus consensus. That comes one day after a light wholesale inflation report. 2. JPMorgan reported a better-than-expected fourth quarter with revenues of $43.74 billion vs. $41.73…
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 Friday’s key moments. 1. Stocks reversed to trade sharply higher Friday. The Dow , around noon ET, jumped more than 750 points, or over 1.8%. In fact, the S & P 500 and…
Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters Shares of Danish pharmaceutical giant Novo Nordisk plummeted roughly 20% on Friday after reporting results in a late-stage trial for its experimental CagriSema weight loss drug that missed expectations. The maker of the wildly popular Wegovy obesity…
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…
Here are five key things investors need to know to start the trading day: 1. Friday frights 2. Shutdown still looms U.S. Speaker of the House Mike Johnson (R-LA) speaks to reporters outside of the House Chambers in the U.S. Capitol on December 19, 2024 in Washington, DC. Kevin Dietsch | Getty Images A House…
Pharmaceutical industry critic Robert F. Kennedy Jr. — President-elect Donald Trump’s pick to be the nation’s top health official — on Thursday elaborated on his stance about the fast-growing class of weight-loss drugs known as GLP-1s. “The first line of response should be lifestyle. It should be eating well, making sure you that you don’t…
My top 10 things to watch Thursday, Dec. 12 1. The Nasdaq was looking modestly lower Thursday after closing above 20,000 for the first time ever in the prior session. The tech-heavy index jumped nearly 1.8% on Wednesday, boosted by record closes for Tesla as well as Club names Amazon, Meta Platforms , and Alphabet…
My top 10 things to watch Tuesday, Dec. 10 1. Oracle shares dropped more than 7% after the enterprise software giant missed the quarter and issued a light outlook. The drop was keeping a lid on the market. But I don’t know how much Oracle can really go down. The demand for data centers is…