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. U.S. stocks rose on Monday, adding to the prior session's gains when the S & P 500 , Dow and Nasdaq popped over 1% each on a softer-than-expected jobs report. Investors celebrated signs that the Federal Reserve's monetary tightening campaign seemed to be working, pushing the U.S.
The Club is not taking action on Starbucks stock, which was slightly higher Monday. Walt Disney gained about 1.5% after Deutsche Bank and Loop Capital analysts raised their price targets. Disney reports earnings on Tuesday morning. We will be watching for positive updates on Disney's lagging direct-to-consumer business, which houses streaming services like Disney+ and Hulu. This is expected to be the DTC's second to last unprofitable quarter.