You often hear the word “reset” when analysts come on television to describe what’s happening now. That’s genuine Wall Street gibberish and, as you know, I don’t like that language. I translate it on the spot. A reset really means something bad is happening that has caught us by surprise. We can no longer like…
CNBC’s Jim Cramer on Thursday reflected on the market instability tied to President Donald Trump‘s tariff announcements and suggested a few sectors and stocks that could withstand the new trade policies. “Wall Street hates tariffs, but what it hates even more is inconsistency and unpredictability,” he said. Trump has slated substantial tariff hikes on some…
Here are five key things investors need to know to start the trading day: 1. Tech support 2. OpenAI offer Chief Technology Officer of X Elon Musk speaks onstage during the “Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk” session at the Lumiere Theatre during the Cannes Lions International Festival…
Here are the most important news items that investors need to start their trading day: 1. A bumpy ride Stock futures climbed Monday as investors digested the latest phase in a brewing global trade war. The three major U.S. averages dipped last week. The S&P 500 slipped by 0.2%, while the Dow Jones Industrial Average…
Top 10 things to watch Monday, Feb. 10 1. Stocks are indicated higher Monday after the S & P 500 fell 1% on Friday on concerns about tariffs and a weaker consumer sentiment survey. The S & P 500, Nasdaq and Dow are all coming off modest weekly losses. In the week ahead , the…
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City. Spencer Platt | Getty Images U.S. stock futures were near the flat line Monday night, as investors looked toward key inflation reports due later in the week. Dow Jones Industrial Average futures slipped 55 points, or 0.1%. Futures tied…
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images Steel and aluminum stocks surged in premarket trading on Monday after President Donald Trump said he will impose 25% duties on all imports of the metals into the…
Check out the companies making headlines before the bell. Semtech – The semiconductor manufacturing company plunged more than 28% after it warned in an 8-K filing that fiscal 2026 net sales from its CopperEdge products used in active copper cables are now underperform “due to rack architecture changes.” Semtech also said that it doesn’t expect…
The Magnificent Seven companies reporting in the week ahead could unlock the next leg of the rally, as investors bet that earnings growth fueled by artificial intelligence could power a market some worry has gone to excess. The Federal Reserve will also hold its January meeting, with key inflation data coming Friday. Four out of…
My top 10 things to watch Monday, Nov. 25 1. President-elect Donald Trump’s pick for Treasury secretary, hedge fund veteran Scott Bessent, is viewed as a moderate. It’s a sign from Trump that he cares enough about the deficit and the potential destruction tariffs can cause, and that means it may be a more reasonable…