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. Wall Street was lower to start the new week after the S & P 500 closed at a new record high Friday. The 10-year Treasury yield continued to climb Monday, pressuring stocks. In his Sunday column , Jim Cramer wrote about how big money going into S & P funds impacts the overall market.
Honeywell and Alphabet , both Club names, are teaming up to bring Google's Gemini generative AI to the industrial sector. The goal is to leverage Honeywell's massive data set, which can lead to reduced maintenance costs, increased productivity, and opportunities to teach employees new skills. Earlier this month, we updated Honeywell stock to our buy-equivalent 1 rating after the company announced plans to spin off its advanced materials business.
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