Tag: Stock markets

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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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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Stocks making the biggest moves midday: Chewy, Biogen, Snowflake and more

Signage is seen ahead of the IPO for Chewy at the New York Stock Exchange, June 14, 2019. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Snowflake – Shares of the cloud computing company dropped 3.3%. The firm presented its financial targets at its investor day meeting on Thursday, aiming […]

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Pros are changing up their portfolios due to the unexpected decline in rates. How they’re playing it

Traders on the floor of the New York Stock Exchange. Source: NYSE Technology and growth stocks are back in favor with some investors, and the trend has been helped by a surprise drop in bond yields. The 10-year Treasury yield was at 1.46% Friday, after touching 1.43% Thursday, its lowest level since March 3. Yields […]

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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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Stock futures open higher as investors await key inflation report

Commuters exit a Wall Street subway station near the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Futures contracts tied to the major U.S. stock indexes rose at the start of the overnight session Wednesday evening as investors eyed a key inflation report due out Thursday. Dow futures opened up 41 points, […]

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Interactive Brokers will offer crypto trading by the end of the summer

In this photo illustration, the Interactive Brokers LLC logo seen displayed on a smartphone. Igor Golovniov | LightRocket | Getty Images Interactive Brokers — seen as the e-broker with some of the most sophisticated clientele — is slated to start trading cryptocurrencies on its platform in the coming months. “Customers certainly are asking for [crypto […]

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China’s producer prices surge the most since 2008, cutting into business profits

Workers check rolls of sheet aluminum at a factory in Wuhan, China. STR | AFP | Getty Images BEIJING — China’s producer price index rose 9% in May from a year ago as commodity prices surged, the National Bureau of Statistics said Wednesday. That marked the fastest increase in production costs since September 2008, when […]

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Wealthy investors are worried about inflation, CNBC millionaire survey shows

Shoppers maintain safe distance in a checkout line in Torrance, Calif. Al Seib | Los Angeles Times | Getty Images The coronavirus pandemic is subsiding, but the new normal might not look the same as 2019. One reason why: The prices of some goods and services have crept up due to inflation and could continue […]

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Stocks making the biggest moves midday: AMC, Carnival and Eli Lilly

An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. Mike Segar | Reuters Check out the companies making headlines in midday trading. AMC Entertainment — The meme stock jumped another 17% in heavy trading following an 83% rally last week. Enthusiastic retail investors […]

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