My top 10 things to watch Monday, April 29 U.S. stocks are higher Monday after the S & P 500 and Nasdaq broke multiweek losing streaks. The Dow saw back-to-back weekly wins. In my Sunday column , I looked at five sectors working in the market and the standout stocks in each. It's a huge week of earnings with 12 stocks in the Investing Club portfolio reporting, including Amazon after the bell Tuesday and Apple after Thursday's close.
It'll be after Wednesday's Fed decision. But the key economic number of the week comes Friday when the government issues its monthly employment report. April nonfarm payroll growth of 250,000 jobs is expected.to customers after big investment in speedy fulfillment. Cost-cutting, cloud demand and faster deliveries have driven profits higher in recent quarters.
There's speculation that Amazon might declare a dividend. If the e-commerce and cloud giant were to start a quarterly payout, it would join Alphabet, whichshares jump more than 13% after the EV maker passed a significant regulatory hurdle to rolling out its driver-assistance software, which it calls full self-driving , in China. CEO Elon Musk made a surprise trip to China over the weekend, raising hopes that FSD software would be cleared countrywide there.
As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade..
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