A group of elite companies that have driven growth for most of this year is sending a signal that may herald further losses. According to Michael Kramer, a longtime independent market analyst and founder of Mott Capital Management. A composite index of these eight stocks (both A grades GOOGLE and class C GOOG shares are …
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 …
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 …
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 …