My top 10 things to watch Tuesday, March 25 1. Wall Street was heading for a higher open today following back-to-back gains. The rallies are being fueled by the hope that President Donald Trump will soften his approach to so-called reciprocal tariffs, set to go into effect April 2. Trump said in yesterday’s Cabinet meeting…
Tien Nguyen | 500px Plus | Getty Images Asia-Pacific markets rose Tuesday as Wall Street gained overnight on hopes that U.S. President Donald Trump’s tariffs could be be softer than expected. Australia’s S&P/ASX 200 climbed 0.53% in early trade. The country’s budget will be tabled by Treasurer Jim Chalmers later in the day. Japan’s benchmark Nikkei 225…
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a winner. “It started out with a low-quality rally, which is what we expect – meaning a short squeeze,” the firm’s chief investment officer told CNBC’s “Fast Money” on Monday. “Then, what we noticed is the…
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 got off to a strong start Monday, with the Nasdaq leading the way up 2%. The S & P 500 was up more than 1.5% while the…
Maybe it is worth waiting for stocks like Wynn Resorts , names so cheap that they can’t be explained. On Friday, I spent a considerable amount of time with Wynn CEO Craig Billings at his incredible hotel, the gem of the Las Vegas strip, talking about his business and its cockamamie stock price. Wynn’s valuation…
Market sentiment soured quickly this month as investors endured an acute 10% correction in the S & P 500. With $4.6 Trillion in options expiring Friday, I want to approach the S & P 500 with cautious optimism. I am using SPDR S & P 500 ETF (SPY) to obtain upside capture in a possibly…
NEW YORK (AP) — Stocks fell in morning trading Friday and Wall Street is veering toward its fifth straight weekly loss. The S&P 500 fell 0.6%. The index, which is a benchmark for the broader market’s health, is facing its worst weekly losing streak in nearly two years. The Dow Jones Industrial Average fell 228…
NEW YORK (AP) — U.S. stocks climbed Wednesday after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are. Wall Street also got a boost from easing yields in the bond market. The S&P 500 jumped 1.1%. The Dow Jones Industrial Average added 383 points, or 0.9%, and…
My top 10 things to watch Wednesday, March 19 1. Nvidia’s Jensen Huang laid out the roadmap to remain dominant at GTC yesterday. The demand for the Club name’s chips is ridiculous, and there’s no end to AI spending in sight. I’m interviewing Jensen on CNBC in the 10 a.m. ET hour this morning. 2….
Traders work on the floor of the New York Stock Exchange on March 17, 2025. NYSE Investors are feeling as gloomy as consumers are. The University of Michigan’s Survey of Consumers, which was released March 14, showed consumer sentiment plunging to its lowest since 2022. Wall Street is in a similarly dour mood, according to…