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. The Nasdaq rose Monday — led by Nvidia 's more than 3.5% gain after CEO Jensen Huang unveiled a new suite of artificial intelligence chips on Sunday. Treasury yields fell sharply on weak manufacturing data . And, oil prices tumbled as OPEC+ announced plans to phase out voluntary production cuts.
5% on Monday — should climb as the Federal Reserve lowers interest rates and the housing market picks back up. "You should just go buy this," Jim said. "It's a very good, very cyclical stock." In his Sunday column, Jim wrote about how enterprise software companies are being threatened by AI, saying Stanley Black & Decker stock will outperform names like Salesforce , which is also a Club stock.
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