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 rally: Markets on Thursday are trying to rally again after a vicious midday reversal in the prior session. The nearly 3% gain for the tech-heavy … 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. Stocks climb back: The bounceback rally on Tuesday accelerated in afternoon trading, with the S & P 500 and tech-heavy Nasdaq climbing around 2%. The Dow … Read more
Sopa Images | Lightrocket | Getty Images Artificial intelligence stocks powering much of 2024’s market gains dropped Monday as U.S. recession fears sparked a global sell-off on Wall Street. The declines across the sector come after Friday’s disappointing July jobs report stoked recession concerns, and worries that the Federal Reserve is behind the curve on … Read more
Stocks had a rough week, topped off with a pummeling Friday after the July jobs data came in weaker than expected. The Nasdaq led the way down, losing 3.35% on the week, followed by the Dow Jones Industrial’s decline of 2.1%, and the S & P 500’s 2.06% drop. It was a dramatic shift in … 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. Forceful sell-off: Wall Street was getting slammed in Friday afternoon trading, with the Dow Jones Industrial Average down more than 750 points, or 1.9%. The S … Read more
Nvidia CEO Jensen Huang delivers a keynote address during the Nvidia GTC Conference at the SAP Center in San Jose, California, on March 18, 2024. Justin Sullivan | Getty Images Nvidia shares rose about 3% during trading on Thursday, rebounding one day after the stock plunged 7% on geopolitical concerns sparked by comments from U.S. … Read more
We are buying 100 shares of Advanced Micro Devices at roughly $163.58. Following the trade, Jim Cramer’s Charitable Trust will own 300 shares of AMD, increasing its weighting in the portfolio to about 1.5% from 1%. Semiconductor stocks are taking a beating following news that the Biden administration could be looking to clamp down even harder on … Read more
We’ve got our July Monthly Meeting this Wednesday and are preparing an exciting update of something we talked about at our annual gathering back in February . Join us live at noon ET. In the meantime, we received some terrific feedback from members after revealing in late May five stocks we would buy right here, … Read more
My top 10 things to watch Thursday, July 11 The S & P 500 and Nasdaq , both on seven-session winning streaks, were looking lower after more records. The June consumer price index year over year came in around its lowest inflation level in more than three years. Stock futures were initially higher on the … Read more
Wall Street finished higher for the holiday-shortened trading week, with tech stocks leading the way. The Dow Jones Industrial Average gained under 1% for the week. The S & P 500 and Nasdaq , which both closed at record highs Friday — rising nearly 2% and 3.5%, respectively, for the week. The first week of … Read more
