It was a rough start to the historically weak month of September on Wall Street. Economic growth concerns and investor trepidation ahead of Tuesday’s presidential debate and the Federal Reserve’s policy meeting later in the month sank the market. For the week: The S & P 500 gave back over 4% in its worst weekly … Read more
As Wall Street braces itself for the results of Friday’s labor report, CNBC’s Jim Cramer told investors not to make any major moves and listed off certain mistakes that he thinks many are making. “We’re just playing the waiting game, with all extremes off the table,” he said. “Sometimes it’s okay just to sit on … Read more
People walk through a Manhattan mall on July 05, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more
A ‘Now Hiring’ sign posted on the window of a business looking to hire workers on May 05, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need … Read more
A “Now Hiring” sign is displayed on a storefront in Adams Morgan Neighborhood on October 07, 2022 in Washington, DC. Anna Moneymaker | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, … Read more
CNBC’s Jim Cramer on Wednesday tried to quell investors’ recession fears. He pointed to several sectors that are seeing gains and said that the economy needs to slow for the Federal Reserve to make eagerly awaited interest rate cuts. “If you have a market that’s been driven by a handful of stocks and then suddenly … Read more
The Nvidia headquarters in Santa Clara, California, US, on Wednesday, Aug. 28, 2024. Loren Elliott | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? … Read more
CNBC’s Jim Cramer reviewed Tuesday’s market action, saying some of it seems more extreme than is actually warranted. “This market’s so ridiculous, you can knock it over with a feather or take it up with a breeze,” he said. “This isn’t the worst of times, it’s just the worst of times for the stocks in … Read more
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters U.S. factories remained in slowdown mode in August, fueling fears about where the economy is headed, according to separate manufacturing gauges. The Institute for Supply Management monthly survey of purchasing managers … Read more
For all the hype this week heading into Nvidia ‘s earnings release and another important update on inflation, the stock action was pretty muted, especially given all the volatility this August: The S & P 500 closed up 0.24%, the Nasdaq Composite fell 0.92% and the Dow Jones Industrial Average ended up 0.94%. Within the … Read more
