Futures bets on the Nasdaq 100 and the S&P 500 were both pointing strongly up this morning prior to the opening bell in New York, suggesting that some traders think yesterday’s bloodbath in the markets was overdone. The S&P lost nearly a full percentage point yesterday, and the Nasdaq was down 1.47%. Some on Wall…
A chart making the rounds on social media has sparked intense debate about the state of the American economy. Since November 2022, when ChatGPT launched, the S&P 500 has surged more than 70% while job openings have plummeted roughly 30%. The juxtaposition has earned the graphic a foreboding nickname: the “scariest chart in the world.”…
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. Markets: The S & P 500 and Nasdaq were dragged down Thursday on post-earnings slumps from Club holdings Meta Platforms and Microsoft. While both reported better-than-expected…
A logo of the autonomous driving technology startup Pony.ai is seen on a screen during an event in Beijing, China May 13, 2021. Tingshu Wang | Reuters China’s Silicon Valley, Shenzhen, is about to allow self-driving taxis to operate throughout the city, ending years of pilot zones and tight limits. Pony.ai announced Friday it was…
China’s factory activity slump worsened in October, reaching its longest decline in more than nine years as a deepening economic slowdown sets in during the final quarter. The official manufacturing purchasing managers’ index was 49, versus 49.8 in September, the National Bureau of Statistics said Friday. The median estimate of economists surveyed by Bloomberg was…
Traders work on the floor of the New York Stock Exchange in New York on Oct. 30, 2025. Angela Weiss | AFP | Getty Images Stock futures rose Thursday night as investors pored over a couple of key earnings reports from Big Tech companies. Futures tied to the Dow Jones Industrial Average added 17 points,…
An electronic board shows Shanghai and Shenzhen stock indices as people walk on a pedestrian bridge at the Lujiazui financial district in Shanghai, China April 3, 2025. Go Nakamura | Reuters Asia-Pacific markets opened mostly higher Friday as investors assessed a truce between Washington and Beijing, following a meeting between President Donald Trump and his…
CNBC’s Jim Cramer unpacked Thursday’s market action, saying that even though tech stocks took a hit, they might not stay down for long, praising recent quarters from Apple and Amazon. “After Apple’s good quarter and fabulous guidance, and Amazon’s great quarter and great guidance, I wouldn’t be surprised if the money comes right back into…
Jim Cramer has decided to upgrade Meta Platforms — choosing to view Thursday’s post-earnings stock plunge as a buying opportunity. Meta shares were dropping 12% after the social media giant on Wednesday evening warned of spending increases this year and next to stay ahead in the artificial intelligence race. The Club is bumping Meta stock…
President Donald Trump and President Xi Jinping reached a trade truce during a high-stakes meeting in South Korea on Thursday, de-escalating a dispute over rare earth elements that had threatened to push the world’s two largest economies into a full-blown trade war. China has agreed to pause for one year the sweeping export controls on…