The good times are still rolling on Wall Street. An intensifying earnings season will put that momentum to the test. The S & P 500 ended Friday at a record high, buoyed by strong quarterly results from Club holding Wells Fargo and other major financial firms, which reinforced the idea of a healthy U.S. economy….
The upcoming earnings season could decide what’s next for stocks. The S & P 500 and Dow Jones Industrial Average are at all-time highs after a strong jobs report last week and some cooler inflation data this week raised investor confidence in equities. Tech stocks outperformed this week, with the sector up more than 2%,…
My top 10 things to watch Thursday, Oct. 10 1. Wall Street was lower after data on September inflation and weekly initial jobless claims both came in worse than expected. The S & P 500 and Dow each closed Wednesday’s session at record highs and were sitting on solid gains for the week. The Nasdaq…
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 Monday’s key moments. 1. Wall Street is lower to start the second week of October trading, giving back some of Friday’s gains spurred by the stronger-than-expected September jobs report. A trio of developments…
Should billionaires exist? Bill Gates, the Microsoft co-founder, whose current net worth Forbes estimates at nearly $139 billion, admits it’s “a strange thing to have people worth [billions],” he said in an episode of the new Netflix docuseries “What’s Next? The Future with Bill Gates.” “It’s such a mind-blowing amount of money relative to personal…
Traders work on the floor of the NYSE. NYSE 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. Here’s what CNBC TV’s producers were watching as the Dow ended a four-day win streak…