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 Friday's key moments. 1. U.S. equities moved lower in midmorning trading Friday, with the S & P 500 down 0.2% and the Nasdaq Composite down 0.68%. Jim Cramer said that the market is now bifurcated, with bank stocks going higher on the back of strong earnings and Big Tech coming under pressure.
Jim on Friday highlighted his belief in CEO Charlie Scharf's ability to continue to turn around the bank under challenging circumstances, while suggesting he expects Wells Fargo stock to only move higher. Shares of WFC jumped roughly 3.8%, to more than $41 apiece. Stay tuned for a full Club analysis on the results later Friday. 3.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Jim Cramer's top 10 things to watch in the stock market ThursdayThe consumer price index for September comes in hotter than expected.
Leggi di più »
Jim Cramer's top 10 things to watch in the stock market FridayU.S. stocks edge up in premarket trading Friday, while Bank of America reiterates Club holding Nvidia as a 'top pick.'
Leggi di più »
UnitedHealth is back and lifting other health-care stocks with it, Jim Cramer saysUnitedHealth’s (UNH) quality quarterly results Friday is a good sign for the broader health-care landscape, CNBC’s Jim Cramer said.
Leggi di più »
UnitedHealth is back and lifting other health-care stocks with it, Jim Cramer saysUnitedHealth's (UNH) quality quarterly results Friday are good sign for the broader health-care landscape, CNBC's Jim Cramer said.
Leggi di più »