Traders work on the floor of the New York Stock Exchange on Jan. 15, 2025 in New York City. David Dee Delgado | Getty Images U.S. stock futures are little changed Wednesday night after the S&P 500 posted its best day since November, on the back of a tame inflation report and blowout bank results….
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 Friday’s key moments. 1. Stocks reversed to trade sharply higher Friday. The Dow , around noon ET, jumped more than 750 points, or over 1.8%. In fact, the S & P 500 and…
A turbulent week on Wall Street ends with a “Thank Goolsbee, it’s Friday” rally, after the Chicago Fed President used a CNBC appearance to refocus investors’ attention on the still-encouraging trend in inflation and the likelihood that interest rates still have room to be trimmed in the context of a healthy economy. Friday’s 1.1% relief…
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. Market bounce: Stocks made a strong comeback from their initial premarket lows. There are three key developments behind Friday’s rally. You had a deeply oversold S…
My top 10 things to watch Friday, Dec. 20 1. Wall Street was back in the soup Friday morning but trimming some losses on a cooler reading from the Federal Reserve’s favorite inflation measure. The S & P 500 and Nasdaq closed modestly lower Thursday for their third straight session. The Dow closed slightly higher, breaking…
A television station on the floor of the New York Stock Exchange broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, speaking after a Federal Open Market Committee meeting on Dec. 18, 2024. Michael Nagel | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open…
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE U.S. stock futures fell slightly on Thursday evening as traders anticipate the latest reading of the Federal Reserve’s favorite inflation gauge. Futures tied to the Dow Jones Industrial Average fell 100 points, or 0.2%. S&P 500 futures also fell around 0.2%, while…
Stocks tanked following the Federal Reserve’s disappointing rate outlook Wednesday, but Tom Lee says investors need not worry. Equities spiraled downwards after the U.S. central bank’s revamped outlook for 2025 showed more hawkish sentiment in the form of two fewer rate interest rate cuts than had previously been expected. “But to us, this panicked reaction…
It has been a disjointed month for the U.S. stock market. Since the Club’s November Monthly Meeting, investors have largely rotated out of old economy shares and back into tech-focused names. Case in point: The Dow Jones Industrial Average posted its 10th consecutive losing session Wednesday — its worst losing streak in 50 years. Overall, the…
Japan ,Tokyo City skyline, Tokyo Tower. Prisma By Dukas | Universal Images Group | Getty Images Asia-Pacific stocks and currencies fell Thursday, amid a broader market sell-off after the U.S. Federal Reserve delivered its third consecutive rate reduction and signaled fewer rate cuts ahead. Investors assessed the Bank of Japan’s decision to keep its policy…