Boeing, Caterpillar stocks rise as investors bet a China trade deal will come soon, Jim Cramer says

Investors made a move on industrial stocks in anticipation that a U.S.-China trade agreement is near completion, CNBC's Jim Cramer said Thursday.

The world's two largest economies reportedly made progress in trade talks this week, and stocks gained on the news. The Dow Jones Industrial Average, powered by Boeing's nearly 3 percent rise, added more than 166 points on the session and the S&P 500 gained 0.2 percent for its first six-day winning streak in more than a year."While I'm very skeptical about these negotiations with China, because I know that [the U.S.

But China, in an effort to show good faith in trade negotiations, could be prepared to make a"statement buy" for a ton of Boeing planes, the host said. China could also buy equipment from Caterpillar, he said. Cramer said he was surprised that Deutsche Bank downgraded the stock on Wednesday.

Retire all Boeing 737 Max. Solution required is a hardware fix, not a software fix. RetireAll737MaxNow

The Pretzel man , speaks . Now - please Jimmy boy , tell us you views on gravity. Go for it - give all us dummies the - real - poop . Fraud man . A better and more dishonest - pitch man - than the guy who O D ed .

You’d think Boeing would be nose diving after the news today.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Cramer: Why you should use your 'mad money' to buy some individual stocks hereJim Cramer explains why individual stock picking is making an exciting comeback. unlike this video, i don't have a wad of franklins to speculate with Is he kidding or what
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Cramer: 'We're in trouble' if JP Morgan's stock doesn't rally when it reports earnings'If that stock doesn't go up when it reports we're in trouble,' CNBC's Jim Cramer says. That is your first clue? You’re in trouble. jimcramer never will I be associated with TEAM We're $rvn $flo
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Cramer Remix: Why the decline in cloud stocks and Lyft's move higher go hand in handJim Cramer discusses what the drop in cloud stocks signals for the IPO market. Crater Blah, blah, blah ... pump, blah ,,,
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »