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 Thursday's key moments. 1. U.S. equities were mixed in midmorning Thursday — the S & P 500 was down 0.13%, while the Nasdaq Composite rose 0.13% — following the release of the Labor Department's consumer price index for September. The monthly report came in slightly higher than expected, with U.S. inflation climbing by 0.
Once we clear our trading restrictions, we could look to sell our Pioneer shares as early as Monday. Pioneer will continue to pay a dividend until the deal closes, but with some stipulations. "We're going to take the money and run," Jim said. 3. The United Auto Workers union on Wednesday expanded its strike against Club holding Ford Motor to the automaker's largest and most lucrative factory, in Kentucky, halting 41% of Ford's production capacity.
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Source: CNBC - 🏆 12. / 72 Read more »
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