“The Revenge of Old American Business” Is Pushing US Stocks Up

“The Revenge of Old American Business” Is Pushing US Stocks Up

Every weekday, CNBC Investing Club with Jim Cramer hosts a live morning broadcast at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. US stocks rose on Tuesday, with the S&P 500 index rising 0.82% on better-than-expected earnings reports from aerospace companies such as General Electric (GE) and RTX Corp. (RTX). “The revenge …

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Dow Falls 100 Points After 10-Year Treasury Yield Above 5% for First Time Since 2007: Live Updates

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Traders work on the floor of the New York Stock Exchange (NYSE) on August 26, 2022 in New York. Spencer Platt | Getty Images Stocks fell on Friday as a rise in 10-year Treasury yields sparked broader concerns about the state of the economy. The S&P 500 lost 0.6% and kept pace with its first …

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The Fed’s Raphael Bostic does not expect interest rate cuts before “end of 2024.”

The Fed's Raphael Bostic does not expect interest rate cuts before "end of 2024."

Atlanta Federal Reserve President Raphael Bostic said Friday that he does not anticipate cutting interest rates earlier than 2024. “We’re going to have to be cautious, we’re going to have to be patient, but we’re also going to have to be decisive,” he told CNBC. Atlanta Federal Reserve President Raphael Bostic said Friday that he …

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