Tag: Dow Jones Industrial Average

Jim Cramer: Own these stocks if the Fed leaves interest rates unchanged

CNBC’s Jim Cramer said Monday that investors should think about buying some industrial and energy names if the Federal Reserve keeps rates unchanged at this week’s meeting. “If you think, as I do, that the Fed will keep the fires going, you’ll want to own a steel stock or a heavy machinery play or a […]

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Musk says Tesla sold about 10% of bitcoin to test market, and will ‘resume allowing crypto transactions’ when 50% of miners are green

Prices of the world’s No. 1 crypto on Sunday were trading sharply higher, as digital-asset bull Elon Musk said Tesla would resume allowing transactions at the vehicle-maker’s stores when key members of bitcoin infrastructure can confirm that 50% of the energy used to mine for bitcoin is derived from clean energy sources. The Sunday afternoon […]

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Here’s what the market wants — and doesn’t want — to hear from Powell at this week’s Fed meeting

You couldn’t fault Wall Street for envisaging a bit of Hamlet in Jerome Powell at the Federal Open Market Committee’s June policy meeting this coming week: Therein lies the question that the interest rate-setting Fed committee needs to answer for financial markets on Wednesday, at the conclusion of the FOMC’s two-day gathering. Whether ’tis nobler […]

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Cramer’s week ahead: Don’t underestimate the market’s small gains

Matteo Colombo | DigitalVision | Getty Images After stocks muscled their way slightly higher on Friday, CNBC’s Jim Cramer advised investors not to underestimate a market that’s putting up small gains. The S&P 500 crawled 0.19% higher to 4,247.44, a record close. “Some would say it’s the calm before the storm … I learned a […]

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Inflation is rising, but yields are sinking—and that bodes well for stocks

U.S. futures are gaining, following Europe higher. Read More Source link

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Jim Cramer reacts to red-hot inflation number: ‘The market took it in stride’

Inflation grew at the fastest rate in more than a decade last month, but CNBC’s Jim Cramer called it the worst kept secret on Wall Street and said the stock market took it in stride. The consumer price index, which measures the cost of a basket of goods like food and energy, increased 5% year-over-year […]

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U.S. stocks hit a record even as inflation spikes at the fastest pace in 13 years

U.S. stocks were all in the green, shrugging off a hot inflation number. Read More Source link

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Stocks plateau as an S&P 500 stall-out nears historic territory

U.S. stocks closed lower overall, as the S&P 500 extended a long streak of indecisiveness. Read More Source link

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Buzzy Reddit stocks Clover Health and Wendy’s post a massive rally

U.S. stocks traded relatively flat, but the Reddit crowd is moving some new names. Read More Source link

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