Jim Cramer says the stock market is 'too negative'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

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 Tuesday's key moments. 1. Equities under pressure U.S. stocks fell Tuesday, with the S & P 500 and the Nasdaq Composite both down more than 1% in midmorning trading. The S & P has pulled back roughly 4% this month, a result of higher government-bond yields and a stronger U.S. dollar . The yield on the 10-year Treasury climbed to more than 4.5%.

Anthropic said it plans to run the majority of its workloads on Amazon Web Services, Amazon's cloud-computing platform, and made a long-term commitment to provide AWS customers around the world with access to future generations of its foundation models via Amazon Bedrock. As a result, generative AI should be an accelerator to AWS revenue growth. 3. Earnings on deck Club holding Costco Wholesale is set to report quarterly results after the closing bell Tuesday.

 

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

Business Business Latest News, Business Business Headlines

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

Jim Cramer's top 10 things to watch in the stock market TuesdayU.S. stocks edge lower in premarket trading, while Ford halts production on its $3.5 billion electric-vehicle battery plant in Michigan amid a strike.
Source: CNBC - 🏆 12. / 72 Read more »