Joggers in Shanghai, China, on April 10, 2021. Qilai Shen | Bloomberg | Getty Images Asian markets opened mixed Monday as investors digested the downbeat economic data from China released over the weekend, while several key markets were closed for holidays. Investors also await the Federal Reserve’s policy meeting on Tuesday and Wednesday where the … Read more
Before taping a Friday “Mad Money,” I always look at the week’s market performance just in case the percentages are noteworthy. They usually aren’t. But this week things were different, very different. The S & P 500 and the Nasdaq had their best weekly gains of 2024, gains that made up for the prior week, which … Read more
Laborers work at a coastal road project construction site in Mumbai on January 12, 2022. Punit Paranjpe | Afp | Getty Images India can achieve sustainable economic growth of up to 8% over the medium term, according to the country’s central bank governor. His comments come shortly after data showed India’s gross domestic product slowed … Read more
The first two trading weeks of September have whiplashed investors. Last week was strong as stocks staged a comeback following favorable updates on inflation and a slew of companies at various analyst conferences. September is known as the worst month of the year for stocks. While all three Wall Street benchmarks are still slightly lower … Read more
Taylor Swift performs onstage during “Taylor Swift | The Eras Tour” at Wembley Stadium on August 16, 2024 in London, England. TAS2024 | Getty Images Former president Donald Trump lashed out at pop star Taylor Swift on Sunday, less than a week after the musician endorsed Vice President Kamala Harris. “I hate Taylor Swift!,” Trump … Read more
It was a solid quarter for the companies in our stock portfolio, with the bulk of our names reporting what we felt were good-to-great earnings reports. Continued economic growth on the back of a resilient consumer and increasing business confidence ahead of what most expect to be a lower interest rate environment helped drive the … Read more
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. Comeback continues: The S & P 500 is rallying for the fifth session in a row, up nearly 4% this week and almost completely erasing all … Read more
Traders on the New York Stock Exchange floor on Sept. 9, 2024. Spencer Platt | Getty Images News | Getty Images September historically hasn’t been kind to stock investors. Since 1926, U.S. large-cap stocks have lost an average 0.9% in September, according to data from Morningstar Direct. September is the only month during that … Read more
Former US President and Republican presidential candidate Donald Trump speaks during a press conference at Trump National Golf Club Los Angeles in Rancho Palos Verdes, California, on September 13, 2024. Robyn Beck | Afp | Getty Images Shares of Trump Media shot up by more than 25% on Friday, minutes after majority owner Donald Trump … Read more
Hedge fund billionaire John Paulson, who made a name for himself by betting against the housing market during the financial crisis and who is today a prominent supporter of former President Donald Trump, said there could be a collapse in the financial markets and a recession if Vice President Kamala Harris’ proposed tax plans become a … Read more
