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 higher Friday, on track for a fifth-straight day of gains. The S & P 500 rose 0.8%, while the Nasdaq Composite climbed 0.94%. Stocks were bolstered by the Labor Department's monthly employment report , which showed hiring slowed in October.
With shares up more than 3% Friday, Jim said that "this is the beginning of the next leg of Starbucks." 3. Next week is another busy one for Club companies reporting quarterly results. Coterra Energy reports Monday after the closing bell, with production and capital expenditures in focus. Emerson Electric reports Tuesday before the bell, with investors looking for initial guidance for 2024.
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