News Formal

Jim Cramer's top 10 things to watch in the stock market Wednesday

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 21 min. at publisher
  • 📊 Quality Score:
  • News: 77%
  • Publisher: 72%

NASDAQ Composite News

S&P 500 Index,Dow Jones Industrial Average,General Motors Co

Stocks jumped after the May consumer price index came in cooler than Wall Street expected.

My top 10 things to watch Wednesday, June 12 Bonds yields fell after CPI, with the yield on the Fed-sensitive 2-year Treasury reaching its lowest level since April 5. The Dow , the S & P 500 and the Nasdaq were looking up nearly 1% each. Despite the encouraging inflation picture after the CPI, I'm still not convinced a September Fed interest rate cut is guaranteed. The timing of the report is convenient: Fed Chair Jerome Powell holds his post-June meeting news conference later Wednesday.

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. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer's top 10 things to watch in the stock market WednesdayWall Street was poised to build off Tuesday's modest gains.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market WednesdayStock futures slipped Wednesday as U.S. Treasury yields advanced for a second consecutive day.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market WednesdayAI chipmaker Nvidia's earnings report after the bell Wednesday is the main event on Wall Street. Target falls after earnings. TJX climbs.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer's top 10 things to watch in the stock market WednesdayA cooler-than-expected consumer inflation report is giving U.S. stock futures a lift Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer names packaged food stocks likely to do well in a slower economyCNBC’s Jim Cramer pinpointed Campbell Soup and J.M. Smucker, along with Tyson Foods, Hormel, General Mills, Conagra and Kellanova.
Source: NBCDFW - 🏆 288. / 63 Read more »