Rising bond yields whack stocks, again. But our second-biggest holding hits new high

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 24 min. at publisher
  • 📊 Quality Score:
  • News: 90%
  • Publisher: 72%

Morning Meeting Recaps News

Jim Cramer,Investment Strategy,Markets

The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. Wall Street was lower to start the new week after the S & P 500 closed at a new record high Friday. The 10-year Treasury yield continued to climb Monday, pressuring stocks. In his Sunday column , Jim Cramer wrote about how big money going into S & P funds impacts the overall market.

Honeywell and Alphabet , both Club names, are teaming up to bring Google's Gemini generative AI to the industrial sector. The goal is to leverage Honeywell's massive data set, which can lead to reduced maintenance costs, increased productivity, and opportunities to teach employees new skills. Earlier this month, we updated Honeywell stock to our buy-equivalent 1 rating after the company announced plans to spin off its advanced materials business.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How to Beat the Market Using a 3-Step Stock ScreenerStocks Analysis by Investing.com (Jesse Cohen) covering: . Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »