Our president, Donald Trump , tells us that “what we are doing is big,” so there might be economic consequences to come that we don’t like. But he can’t change the plan, whatever the heck the plan is. Our Treasury secretary, Scott Bessent, comes on CNBC and tells us that the economy has to detox…
My top 10 things to watch Thursday, March 6 1. Stocks are headed for a sharply lower open today as Wall Street’s optimism on tariff exemptions for automobiles yesterday has given way to more uncertainty and confusion. Initial jobless claims for last week came in slightly better than expected ahead of Friday’s employment report. 2….
My top 10 things to watch Wednesday, March 5 1. U.S. companies slowed hiring dramatically in February, according to ADP’s monthly private payrolls report. Only 77,000 jobs were added last month, roughly half the estimate and way below January’s upwardly revised 186,000. 2. Wall Street took the news in stride this morning ahead of Friday’s…
My top 10 things to watch Wednesday, Feb. 26 1. Nvidia earnings tonight: End of world or not? Is the investment case damaged by DeepSeek claims of a more efficient AI model? The Chinese startup’s advancement helps Nvidia, CEO Jensen Huang said last week. Analysts will get their first crack at speaking to Huang firsthand….
A trader works on the floor at the New York Stock Exchange on March 5, 2024. Brendan Mcdermid | Reuters Stock futures rose on Tuesday evening as investors contend with a fourth-straight day of losses for the S&P 500 and await earnings from artificial intelligence darling Nvidia. Futures tied to the Dow Jones Industrial Average…
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. Markets: The S & P 500 remained on track for its fourth losing day in a row, dragged down by concerns about the health of the…
Wall Street finished last week with big back-to-back declines, moving the S & P 500 away from Wednesday’s record-high close. Chip giant Nvidia had a rough week ahead of this week’s earnings. The S & P 500 flipped negative for all of last week, down 1.7%, after Friday trading extended the weakness of the prior session….
A stock market in search of direction could very well get one next week. Investors are about to react to two potentially major market-moving events in the week ahead. Nvidia is set to come out with its first earnings report since China’s DeepSeek in January rattled the outlook for artificial intelligence companies. And last month’s…
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. Markets: Stocks were sharply lower Friday, putting the S & P 500 on track for a decline of more than 1.5%. Growing concerns about the health…
My top 10 things to watch Monday, Feb. 3 1. The tariff-driven sell-off Monday on Wall Street will be bad but not like the scare you hear as the stocks that have been weak will get weaker. The stock market was too high going in. But President Donald Trump wants talks with everyone to get…