“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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The stock market may ignore this “bad news” as gains begin

The stock market may ignore this "bad news" as gains begin

Published: October 23, 2023 at 14:32 ET BlackRock strategists aren’t holding their breath for U.S. companies to finally turn positive in the third quarter. While many investors had hoped that the S&P 500 SPX would finally break its streak of negative quarters and post slightly positive earnings growth in the third quarter, a team of …

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