CNBC’s Jim Cramer on Monday told investors why he thinks President Donald Trump’s unprecedented effort to remove a Federal Reserve Board governor won’t substantially impact the market. “There have been so many shocking things coming from the White House that they’re no longer shocking,” he said. “At some point, this stuff gets priced in.” On…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2025. Brendan McDermid | Reuters U.S. stock futures were little changed Monday night after the major averages slid to start the week, with investors awaiting Nvidia’s earnings and the Federal Reserve’s preferred inflation gauge in the…
Intel (INTC) stock gained as much as 3% early Monday morning after President Trump said he loved seeing the price of the chipmaker’s stock go up. Trump’s comments came after Intel and his administration announced last week a deal for the government to take a 9.9% stake in the chipmaker. In a post on Truth…
Intel (INTC) stock gained as much as 3% early Monday morning after President Trump said he loved seeing the price of the chipmaker’s stock go up. Trump’s comments came after Intel and his administration announced last week a deal for the government to take a 9.9% stake in the chipmaker. In a post on Truth…
PDD Holdings (PDD) stock gained 5% in premarket trading on Monday after the Chinese e-commerce giant beat earnings estimates by a wide margin. Shares spiked as much as 12% earlier but pared gains as investors digested the report. The Temu and Pinduoduo owner reported earnings per American depository share (ADS) of 20.75 Chinese yuan (approximately…
Hong Kong stocks rose on Monday after US Federal Reserve chair Jerome Powell signalled the possibility of a rate cut next month and Shanghai relaxed its home-purchase policies. The Hang Seng Index added 2 per cent to 25,837.65 at 2pm local time, the biggest gain in two weeks. The Hang Seng Tech Index rose 3…
US stock futures ticked down after Wall Street’s powerful rally to close out last week with eyes all on Nvidia (NVDA) earnings for the week ahead. Futures attached to the Dow Jones Industrial Average (YM=F), the S&P 500 (ES=F), and the Nasdaq 100 (NQ=F) slipped 0.2%. On Friday, the Dow Jones Industrial Average (^DJI) surged…
A trader reacts on the floor at the New York Stock Exchange in New York City, U.S., August 22, 2025. Brendan McDermid | Reuters U.S. equity futures were flat on Sunday night after the Dow Jones Industrial Average catapulted to new intraday and closing records and as investors looked ahead to Nvidia earnings. Futures tied…
It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a weekly loss at Thursday’s close. But a day later, Federal Reserve Chairman Jerome Powell came through, hinting at possible interest rate cuts ahead. His speech on Friday at the central bank’s economic symposium in Jackson…
Wall Street closed lower on Thursday, pulled down by utilities and consumer stocks. Investors continued to grow further cautious, worried that Fed chair Jerome Powell might deliver hawkish comments on Friday that could fuel market volatility. Unexpectedly high initial jobless claims reported for the week also weighed on the markets. All three benchmark indexes closed…