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☆ Near collapse of Earth’s magnetic field 591 million years ago may have allowed complex life to thrive
▼ + stars: | 2024-05-07 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

CNN —Earth’s magnetic field plays a key role in making our planet habitable. However, Earth’s magnetic field almost collapsed 591 million years ago, and this change, paradoxically, may have played a pivotal role in the blossoming of complex life, new research has found. The discovery of the sustained weakening of Earth’s magnetic field also helped resolve an enduring geological mystery about when Earth’s solid inner core formed. Shuhai Xiao/Virginia TechUncovering the magnetic field’s near collapseThe intensity of Earth’s magnetic field is known to fluctuate over time, and crystals preserved in rock contain tiny magnetic particles that lock in a record of the intensity of Earth’s magnetic field. The research on the intensity of Earth’s magnetic field suggests that the age of Earth’s inner core is on the younger end of that timescale, solidifying after 565 million years ago and allowing Earth’s magnetic shield to bounce back.

Persons: “, ”, John Tarduno, Xiao, Tarduno, Shuhai Xiao, ” Tarduno, Peter Driscoll, wasn’t, ” Driscoll Organizations: CNN, University of Rochester, Environment, Virginia Tech, Laboratory, Carnegie Institution for Science Locations: New York, South Australia, Virginia, Quebec, Brazil, South Africa, Washington ,, Newfoundland, Canada

☆ U.S. wins global leadership approval over China when a Democrat is president, Gallup analysis shows
▼ + stars: | 2024-05-06 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Saul Loeb | Afp | Getty ImagesMost countries prefer alignment with the U.S. over China when the White House is occupied by a Democrat, according to Gallup poll data going back to 2007. "Significantly more countries seem to prefer U.S. leadership over Chinese leadership, at least under Democratic administrations," Gallup said in its report released Monday, adding that a Republican executive comes with a "net approval disadvantage." According to Gallup, the "bounce-back" under the Biden administration suggests that the U.S.'s net approval advantage over China is resilient, especially when accounting for more strongly aligned groups. China's favorability peaked in 2007 as it emerged on the global stage, but increased familiarity with Beijing has not boosted its appeal, Gallup said. Meanwhile, U.S. leadership has enjoyed a general net approval rate under the Biden and Obama administrations, compared with net disapproval rates under the Trump and last two years of the Bush leadership, the report showed.

Persons: Xi Jinping, Joe Biden, Saul Loeb, Gallup, Trump, George Bush, Barack Obama, Biden, Obama, Bush Organizations: Afp, Getty, U.S, Democratic, Republican, Gallup, Biden, Trump, Pew Research Locations: Nusa Dua, Indonesian, Bali, China, Beijing, Trump

☆ Apple just unveiled a $110 billion buyback plan. Here's why that doesn't make the stock a sure winner
▼ + stars: | 2024-05-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Shares of Apple surged 6% on Friday as investors cheered better-than-expected fiscal second-quarter results and the announcement of the biggest stock buyback program in U.S. corporate history. In theory, Apple's $110 billion stock buyback program should provide a boost to its share price. However, recent history shows that spending billions on share repurchases isn't guaranteed to make the stock a runaway winner. So they've been retiring these shares," Nathan said. AAPL YTD mountain Shares of Apple are still down year to date despite Friday's bounce.

Persons: Dan Nathan, they've, Nathan, hasn't, They've, Apple isn't Organizations: Apple, RiskReversal Advisors, CNBC, Big Tech, Nasdaq, Mobile

☆ I was a single parent in the 90s. It was hard to make adult connections, and sometimes I wish I had had social media.
▼ + stars: | 2024-05-05 | by ( Jill Robbins | ) www.businessinsider.com time to read: +5 min

Looking back, I think being a single mom was hard. However, I think today's solo parents have a more difficult time due to the pressures of social media. We adopted our boys in 2012 and 2013, and there was a Facebook mom group for everything. I sometimes wonder how my experience parenting my daughter in the 90s would have been made better or worse by the presence of social media. My experience with Facebook mom groups has taught me that they're mostly a place of judgment and one-upmanship.

Persons: I'm, else's, I've, Amelia Bedelia Organizations: Technology Locations: what's

☆ If you have these 3 habits, you're more resilient than most people, experts say
▼ + stars: | 2024-05-03 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The more mentally resilient you are, the more quickly you can recover from challenges or persist in the face of them, according to Wharton psychologist Adam Grant. Here are three habits that can help you become highly resilient, experts say:Tend and befriendIf your typical response to stress is to get away from it or shut down, you're not alone. But resilience is all about finding ways through life's stressors and learning from them, and creating social connections can help. "We all know about fight-or-flight — the stress response that can occur when we encounter a perceived threat," executive coach and author Jason Shen wrote for CNBC Make It in March. "But social scientists have uncovered a different and equally important stress response called 'tend-and-befriend,'" which involves seeking contact with others when you're facing a tough situation.

Persons: Adam Grant, Wharton, Jason Shen, Shen, Justin McDaniel —, McDaniel Organizations: Massachusetts Conference, Boston Convention Center, American Psychological Association, CNBC, Facebook, University, Pennsylvania Locations: Boston , Massachusetts

☆ Cramer's week ahead: Earnings from Disney, Uber and Warner Bros. Discovery
▼ + stars: | 2024-05-03 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday guided investors through the upcoming earnings-packed schedule on Wall Street, saying to focus on reports from companies such as Uber , Disney and Warner Bros. Since April's labor report was weaker than expected, he said investors can worry less about the Federal Reserve's next move. Monday brings earnings from Simon Property Group and Tyson Foods , the latter of which Cramer said he thinks could be a "bounce-back play." Wynn Resorts and Reddit also release earnings that day, and Cramer said he thinks both could put up solid numbers. Cramer will be paying attention to Uber's report on Wednesday, saying he wonders whether its earnings will be hurt by competition from Lyft .

Persons: CNBC's Jim Cramer, Cramer, Warren, Reddit, Airbnb, Robinhood Organizations: Disney, Warner Bros ., Federal, Berkshire Hathaway, American Express, Apple, Cola, Occidental Petroleum, Simon Property, Tyson Foods, Wynn Resorts, Lyft, Toyota, AMC Entertainment, Warner Bros, Discovery, National Basketball Association, Akamai Technologies, Federal Trade, Capri, Enbridge

☆ Stock futures rise after Apple reports, traders look to April payrolls data: Live updates
▼ + stars: | 2024-05-02 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Futures tied to the Dow Jones Industrial Average gained 212 points, or 0.55%. S&P 500 futures rose nearly 0.3%, while Nasdaq 100 futures advanced about 0.5%. In extended trading, Apple advanced more than 6% after it announced a $110 billion share repurchase and a top -and bottom-line beat. The S&P 500 popped 0.91%, while the Dow gained 0.85%. The S&P 500 is off by 0.7% week to date, while the Nasdaq is down nearly 0.6%.

Persons: Cloudflare, Dow, Jerome Powell, Sonu Varghese, payrolls, Dow Jones Organizations: New York Stock Exchange, Stock, Dow Jones Industrial, Nasdaq, Apple, Biotech Amgen, Dow, Carson Group Locations: New York City, U.S

☆ The market rallied but not our stocks that reported earnings — so we pounced on 2 of them
▼ + stars: | 2024-05-02 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Persons: Jim Cramer, Jerome Powell, doesn't, Stanley Black, Decker, toolmaker Stanley Black, Estee Lauder, Locker, Jim, Jim Cramer's Organizations: CNBC, Linde, Marshalls, TJX Companies, Health, Apple, Coterra, Jim Cramer's Charitable Locations: China

☆ Tesla tells the EV industry: fend for yourselves
▼ + stars: | 2024-05-02 | by ( Graham Rapier | ) www.businessinsider.com time to read: +4 min

Tesla has laid off most of its charging team, causing confusion about the future of its Supercharger network. Virtually all major automakers have adopted Tesla's charging techTesla has committed to doubling its network size in-party with public money. Advertisement"I got a bounce from every email address," said Andres Pinter, co-CEO of Bullet EV Charging Solutions, which has about a dozen ongoing projects underway for Tesla. The automakers Tesla partnered with can already access existing plugs, but the recent layoffs raise questions about the network's future growth. Perhaps that's not enough to offset the costs of rapidly building new Supercharger stations that will ultimately benefit other carmakers, as well as Tesla.

Persons: Tesla, —, Andres Pinter, he'd, Musk, Superchargers, Pinter, Elon Musk, it's, that's Organizations: Service, Ford, Motors, American, Tesla, Elon, Solutions, Department of Energy, EV

☆ I went to a food festival where Latina chefs shared their culinary journeys — and fed my Boricua soul
▼ + stars: | 2024-05-02 | by ( Sofía Viera | ) www.businessinsider.com time to read: +7 min

I spoke with Latina chefs about their culinary crafts at a Latin food festival in New Jersey. On a warm, sunny April day in Paramus, New Jersey, the Westfield Garden State Plaza parking lot transformed into a Latin food festival. Children enjoy the warm weather and live music during a Latin food festival in Paramus, New Jersey. Cynthia Soto, owner of Empanada Lady stands for a portrait near her food stand during the Latin food festival. Honestly, I wasn't expecting much when I heard about a Latin food festival in Paramus.

Persons: —, Hurricane Maria, Alvarado Jr, Cynthia Soto, Soto, I've, Franny Reyes, Kathy Quiroga —, Reyes, Sweets, they've, they're, Quiroga, Kathy Quiroga, Karla, Bianca, Margarita, Amores, Fernandez, Sofía Viera Organizations: Puerto Rican, Service, Westfield Garden, Hurricane, BI, BI Entrepreneurship, Latina, Puerto Locations: New Jersey, Puerto, Paramus , New Jersey, Puerto Rico, Jersey, José, Puerto Rican, Piñones , Puerto Rico, Dominican, Long, Kathy Quiroga — Dominican, Reyes, Puerto Rican Cuban, East Coast, mayo, Paramus, Brooklyn

☆ We're buying 2 unfairly punished stocks and 1 on an analyst call
▼ + stars: | 2024-05-02 | by ( Morgan Chittum | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. "That's a win for stocks," Jim Cramer said Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, Jerome Powell, should've, Jim, — Stanley Black, Decker, Linde, TJX, Jim Cramer's Organizations: CNBC, Federal, Fed, Coterra Energy, Apple, UBS, TJX Companies, LIN Locations: China, TJX, HomeGoods

☆ Toddler of Phoenix first responder dies after bounce house goes airborne
▼ + stars: | 2024-05-01 | by ( Sydney Bishop | Brammhi Balarajan | ) edition.cnn.com time to read: +1 min

CNN —A 2-year-old child died after a strong gust of wind sent the bounce house he was in airborne and into a neighboring lot in central Arizona, the Pinal County Sheriff’s Office said. The toddler, Bodhi Naaf, is the son of Phoenix firefighter Karl Naaf, according to the United Phoenix Firefighters Local 493 union. “This appears to have been a tragic accident,” Pinal County Sheriff’s Office spokesperson Lauren Reimer said in a statement. In its news release, the sheriff’s office did not say whether the bounce house in this case was staked and anchored. A 2022 study by the American Meteorological Society reported 132 wind-related bounce house incidents worldwide from January 1, 2000, to December 31, 2021.

Persons: Bodhi, Phoenix, Karl Naaf, Lauren Reimer, CNN’s Robert Shackelford Organizations: CNN, Pinal County Sheriff’s, United Phoenix Firefighters, Pinal County Sherriff’s Office, US Consumer Product Safety Commission, American Meteorological Society, Phoenix Fire Locations: Arizona, Pinal County, Casa Grande

☆ College students desperate for jobs are getting scammed online by criminals posing as tech recruiters
▼ + stars: | 2024-05-01 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +4 min

College students are increasingly targeted by job recruitment scammers, the FTC warned. Scammers use fake listings and pose as recruiters to steal money and identities. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But they can also target a college student's identity or bank information. AdvertisementThe Wall Street Journal recently interviewed students who had encountered scammers during their job hunts.

Persons: —, scammers, Murray Organizations: FTC, Service, Street, Microsoft, Murray Resources Locations: Houston

☆ Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's
▼ + stars: | 2024-05-01 | by ( Amelia Lucas | ) www.cnbc.com time to read: +5 min

Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday. Pizza Hut and KFC also reported shrinking same-store sales. Starbucks said bad weather dragged its same-store sales lower. Wingstop , Wall Street's favorite restaurant chain, reported its U.S. same-store sales soared 21.6% in the first quarter. This marks the second consecutive quarter that Burger King reported stronger U.S. same-store sales growth than McDonald's.

Persons: It's, McDonald's, it's, Taco Bell, January's snowstorms, we've, Ian Borden, Wall, International's Popeyes, Chris Kempczinski, Laxman Narasimhan, Narasimhan, David Gibbs, Taco, Yum, Burger, – Organizations: Starbucks Workers, D.C, Starbucks, KFC, Yum Brands, Taco, Bureau of Labor Statistics, Taco Bell, Brands Locations: Dupont Circle, Washington, Pizza, U.S, Australia, Canada, Germany, Japan, Taco

☆ A 2-Year-Old in Arizona Died When a Bounce House Blew Away. Can They Be Made Safer?
▼ + stars: | 2024-04-30 | by ( Victor Mather | ) www.nytimes.com time to read: 1 min

A 2-year-old boy was killed on Saturday when a bounce house in Casa Grande, Ariz., was picked up by a strong gust of wind and flew into a neighboring lot. The child was taken to a hospital, where he was pronounced dead. Another child who had been in the bounce house was treated at a hospital with non-life-threatening injures. Whether called a bounce house, a bouncy castle or a moon bounce, those inflatable structures are a popular fixture at fairs and birthday parties. A 2022 University of Georgia study found 28 bounce house deaths worldwide since 2000 in wind-related incidents.

Organizations: of Georgia Locations: Casa Grande, Ariz, Spain, Australia

☆ Australia’s problem with male violence is getting worse. So, what’s the solution?
▼ + stars: | 2024-04-29 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +8 min

Late Monday, new figures showed a 28% jump in intimate partner homicide in 2022-23, compared to the previous year – ending what had been a decades-long trend of decline. Around 4,000 people marched through the streets of Brisbane on April 28 to call for action on gendered violence. The deaths took the toll to 27 women allegedly killed by a partner or former partner so far this year, according to the Counting Dead Women project. “We don’t have good programs for men with mental illness and personality disorders who use these types of violence. We don’t have a lot of really accessible drug and alcohol treatment programs for men who use violence.

Persons: Daniel McCormack, Daniel Sloss, “, ”, McCormack, Samantha Bricknell, we’ve, Anthony Albanese, –, Hilary Whiteman, wasn’t, Lukas Coch, Hayley Boxall, Albanese, ’, ” Albanese, ” Boxall, ” Bricknell, Emily Garnett, there’ll, ” McCormack, he’s, “ I’ve, ‘ That’s Organizations: Australia CNN, Australian, of Criminology, ”, Australia, CNN, New South, Australian National University, Wales, Nations, First Nations, Brisbane Locations: Brisbane, Australia, Scottish, Bondi, Sydney, New South Wales, Canberra, United Kingdom, Canada, New Zealand, Australian, Melbourne, England

☆ As home sellers, buyers wait on a Fed cut, here's how mortgage rates have impacted the spring housing market
▼ + stars: | 2024-04-29 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +1 min

People looking to buy or sell a home this spring are paying close attention to mortgage rates. The average 30-year, fixed-rate mortgage rose to 7.17% for the week ending April 25, according to Freddie Mac data via the Federal Reserve. It remains unclear when the Federal Reserve might make its first rate cut. "I believe our first rate cut is penciled in for July," said Matthew Walsh, assistant director and economist at Moody's Analytics. "We might not see rates fall in any meaningful way until [the] later half of this year," he said.

Persons: Freddie Mac, Matthew Walsh, Walsh Organizations: Federal Reserve, Moody's Analytics, Finance

☆ Earnings reports have sparked big swings for tech stocks. Here's what chart experts are watching
▼ + stars: | 2024-04-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +4 min

A whirlwind earnings week saw traders jumping in and out of some of the biggest stocks in the market. For example, shares of Meta Platforms fell 10.6% on Thursday after earnings beat expectations, but revenue guidance was weak . On a chart, those big post-earnings moves can leave "gaps" that may become a key area to watch going forward. What's next for Meta Meta looks like a potential example of the gap being filled after its sharp drop on Thursday. A macro view The big moves by tech giants this past week could make index-level trades a bit tricky.

Persons: John Butters, Katie Stockton, Stockton, What's, …, Frank Gretz, Wellington Shields, Gretz, Larry Benedict, Benedict Organizations: Meta, CNBC, Nvidia, Wellington, Intel, Microsoft Locations: FactSet

☆ Here are 5 sectors of the market that are working and the stocks that stand out in each
▼ + stars: | 2024-04-28 | by ( Jim Cramer | ) www.cnbc.com time to read: +10 min

Federal Reserve Chairman Jerome Powell met with the press after the March Federal Open Market Committee (FOMC) meeting, which was pretty fraught. Data centers If there is the whiff of a data center or anything in one, the stock goes higher. It's why Meta stock is a buy a tad lower as stocks tend to revisit those kinds of declines. I worry about Club stock Stanley Black & Decker for this reason, but the dividend will keep it propped up for now. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: what's, Jerome Powell, Powell, Powell isn't, Voltaire, Vertiv, Eaton, Meta, It's, jetsam, Darius Adamczyk, Vimal, Stanley Black, Decker, Azek, Morgan Stanley, Wells, Charlie Scharf, Wells Fargo, Chipotle, that's, Johnson, Jensen Huang, Jim Cramer's, Jim Cramer, Jim, Scott Mlyn Organizations: Federal, Market, Broadcom, Google, Microsoft, Nvidia, Travel American Express, Raytheon, GE Aerospace, Royal, AAR, Honeywell, Southwest Airlines, Housing, Stanley, JPMorgan, Procter, Gamble, Colgate, Merck, Bristol, Myers, PepsiCo, Energy, Coterra Energy, Diamondback, drillers, CNBC Locations: California, Royal Caribbean, Delta, Devon

☆ Why so many men in the US have stopped working
▼ + stars: | 2024-04-28 | by ( Jacob Zinkula | Andy Kiersz | ) www.businessinsider.com time to read: +10 min

AdvertisementIt could be all about recessionsSince the 1950s, whenever the US economy fell into a recession, the rate of working men tended to suffer a lasting blow. AdvertisementWhy have recessions appeared to have such a lasting impact on working men? The strong recovery of men working after the pandemic recession could be due to the unique nature of this downturn — which tanked an otherwise healthy economy. And of course, some lucky prime-age men aren't working because they've had a lot of financial success — and already retired. Deciphering how much these explanations have fueled the decline of working men could be worthy of further explanation, the economists said.

Persons: —, It's, Abigail Wozniak, Wozniak, David Autor, There's, Jason Furman, Barack Obama's, Elise Gould, Gould, aren't, we've, John M, Coglianese, they've Organizations: Service, Federal Reserve Bank of Minneapolis, Massachusetts Institute of Technology, Washington Post, of Labor Statistics, San Francisco Fed, BLS, Economic, Economic Policy Institute, Federal Reserve

☆ CNN Analysis: No, Trump’s legal woes aren’t helping him
▼ + stars: | 2024-04-28 | by ( Harry Enten | ) edition.cnn.com time to read: +5 min

Trump’s success might make you believe that he has turned the conventional wisdom on its head – that somehow, his legal troubles are helping him politically. There isn’t much of a sign that Trump’s legal woes are helping him among the wider electorate, even if they aren’t hurting him necessarily. Consider Trump’s polling against President Joe Biden. You might think that Trump would be gaining against Biden, if the cases against Trump were helping him. It’s not clear whether the money Trump’s raising because of appeals to his base during his legal troubles is offsetting the amount his committees are spending.

Persons: Donald Trump, Joe Biden, Trump, Biden, pollster, pollsters, don’t, Trump’s, isn’t, he’s, I’m Organizations: CNN, Republican, Biden, Trump, Marist College, Reuters, New York Times, Siena College, NBC, Quinnipiac University, Marquette University Law School, Times, Financial Times Locations: York, Quinnipiac, New York

☆ A trading coach explains how intraday traders can use one tool to bet on rising gold prices and parlay their wins into extraordinary gains
▼ + stars: | 2024-04-27 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

These events tend to bring participation to the gold market because the commodity is viewed as a haven, he said. However, since the spot gold market is larger than the futures market, there is a tremendous amount of selling and buying volume for trading gold directly, which creates market depth at all times, he said. This creates more opportunities to capitalize by trading gold directly. However, in most cases, given the depth of the spot gold market (XAU/USD), order slippage is minimal, he noted. TradingViewHe emphasized that spot gold is often traded through an over-the-counter broker, and the volume bars may not be visible.

Persons: Shain Vernier, Vernier, isn't, it's, TradingView Organizations: Service, Business, HowToTrade.com, Traders, Bollinger, TradingView Locations: Iran, Israel

☆ Apple reports next week. Here's a no-cost options trade to capitalize on a possible earnings bounce
▼ + stars: | 2024-04-26 | by ( Jeff Kilburg | ) www.cnbc.com time to read: +2 min

Big tech earnings reports have put investors on quite the roller coaster. Alphabet , Microsoft and Tesla have all moved higher post earnings, while Meta and IBM had opposite reactions by dropping precipitously. Inside of this recent technology, I think it is time to add to a nearly forgotten Magnificent Seven laggard: Apple . Apple is down 11% year to date, and I want to add exposure in a zero-cost manner ahead of its earnings release next Thursday. Investors are anticipating a year-over-year decline in both earnings and revenue for this former tech favorite, but I believe this is already priced into the stock.

Organizations: Microsoft, Tesla, Meta, IBM, Apple, Big, mojo

☆ Video shows airliner bounce off runway during aborted landing
▼ + stars: | 2024-04-26 | by ( Clemente Duran-Ballen | ) edition.cnn.com time to read: 1 min

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☆ Why the S&P 500 is poised to gain 3% over the next 20 days, says JPMorgan's trading desk
▼ + stars: | 2024-04-25 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

A tactical buy signal just flashed in the stock market, according to JPMorgan's trading desk. AdvertisementA tactical buy signal just flashed in the stock market, according to a Tuesday note from JPMorgan's trading desk. The buy signal suggests that the S&P 500 could jump 3% within the next 20 days, which would put the index within spitting distance of its all-time high. But a bullish buy signal isn't enough to push the stock market higher on its own, JPMorgan's trading desk admitted. Instead, for this most recent buy signal to be successful, corporate first-quarter earnings will have to deliver and geopolitical tensions will have to cool down.

Persons: —, What's Organizations: JPMorgan, Service, Tactical Positioning

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