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☆ Calls of the Day: Nasdaq, American Express, Freeport-McMoRan and Cisco
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCalls of the Day: Nasdaq, American Express, Freeport-McMoRan and CiscoThe Investment Committee discusses the latest Calls of the Day.

Organizations: American Express, McMoRan, Cisco The Investment Locations: Freeport

☆ Tuesday's rapid fire: Molson, Freeport-McMoRan, Nike, Cisco, American Eagle Outfitters
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTuesday's rapid fire: Molson, Freeport-McMoRan, Nike, Cisco, American Eagle OutfittersJim Cramer provides quick takes on five stocks outside the CNBC Investing Club portfolio.

Persons: American Eagle Outfitters Jim Cramer Organizations: McMoRan, Nike, Cisco, American Eagle Outfitters, CNBC, Club Locations: Molson, Freeport

☆ Intel's bold claims for new chip, plus bad calls on Wells Fargo, Freeport-McMoRan
▼ + stars: | 2024-04-09 | by ( Jeff Marks | ) 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. Given the company's track record, it is not surprising to us that its stock isn't working after these much-ballyhooed claims. Upgrades/downgrades: Bank earnings season kicks off this Friday with Wells Fargo , JPMorgan , and Citigroup scheduled to report. Meanwhile, Cramer is critical of an upgrade of Freeport-McMoRan after the stock has gained 35% since the beginning of March. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Jim Cramer, Stocks, Gaudi, Wells, Wells Fargo, Cramer, Jim Cramer's, Jim, Patrick Gelsinger, Brendan Smialowski Organizations: CNBC, Nvidia, Intel, JPMorgan, Citigroup, KBW, Citi, GE, GE Healthcare, Core CPI, Jim Cramer's Charitable, AFP, Getty Locations: Wells Fargo, Freeport, McMoRan, Chandler , Arizona

☆ Jim Cramer shares his thoughts on 5 stocks: Molson Coors, Freeport-McMoRan, Nike, Cisco and American Eagle
▼ + stars: | 2024-04-09 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +1 min

Molson Coors : Goldman Sachs upgraded the beer maker to a buy rating and raised its price target to $75 per share from $66. Jim Cramer said Tuesday beer retailers shuffle their shelf space allocations "twice a year." Freeport-McMoRan : Bank of America started the international mining company with a buy rating due to high-quality copper leverage and exposure to gold, which has been making new highs. "But that does mean you don't expect a bounce back" in Nike shares. American Eagle Outfitters : JPMorgan upgrades the specialty retailer's shares to a buy-equivalent overweight rating.

Persons: Jim Cramer's, Goldman Sachs, Jim Cramer, Cramer, Gavin Hattersley, Goldman, Piper Sandler's Organizations: CNBC, Club, Molson Coors, TAP, Modelo, Constellation Brands, Bank of America, Nike, Cisco Systems, Deutsche Bank, Eagle Outfitters, JPMorgan Locations: Corona, Freeport, McMoRan

☆ Jim Cramer shares his take on BofA's Freeport-McMoran upgrade
▼ + stars: | 2024-04-09 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Jim Cramer shares his take on BofA's Freeport-McMoran upgrade'Mad Money' host Jim Cramer looks at a recent upgrade for Freeport-McMoran and shares his thoughts on it.

Persons: Jim Cramer Locations: Freeport, McMoran

☆ Bank of America ratchets up gold and copper forecasts, gives the best stocks to play the trend
▼ + stars: | 2024-04-09 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Bank of America says a more bullish outlook for gold and copper could benefit a handful of stocks. Bank of America also sees copper climbing 8% in 2024 to $9,321 per metric ton. To play its bullish outlook for copper and gold, the firm also named a slate of stocks that could see a boost. FCX YTD mountain Freeport-McMoRan stock. Bank of America highlighted Freeport-McMoRan's "stable production profile, low unit costs and [an] improving balance sheet" as drivers behind its price target.

Persons: Lawson Winder, Winder Organizations: of America, Bank of America, Federal Reserve, Bank of, Mines, Eagle Mines Locations: U.S, Freeport, McMoRan

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Netflix, Cisco, Alphabet, American Eagle & more
▼ + stars: | 2024-04-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +9 min

Barclays downgrades American Express to equal weight from overweight Barclays sees "limited upside" on valuation for the stock. Compass Point downgrades Wells Fargo to neutral from buy Compass sees a more balanced risk/reward for shares of Wells Fargo. Bank of America reiterates Apple as buy Bank of America says its survey checks show App Store growth increasing. Bank of America upgrades Ally Financial to buy from neutral Bank of America said the bank holding company has "credit leverage." Bank of America initiates Frontier a buy Bank of America said the wirelines and cable telecom company has "meaningful potential to outperform."

Persons: Morgan Stanley, Raymond James, Goldman Sachs, Tesla, Goldman, Wells, Wells Fargo, Jefferies, MNDY, Rosenblatt, TeraWulf, TD Cowen, William Blair, Cowen, it's, Wolfe, KBW, DA Davidson, Davidson Organizations: Cisco, Colgate Energy, Resource, Bank of America, Infosys, of America, Barclays downgrades, Express, Barclays, BMO, Realty Trust, Compass, LPL, Nasdaq, Jefferies, RBC, Molson Coors, TAP, Distributors, Google, GE Aerospace, GE, General Electric Company, Apple, Netflix, Frontier Communications, JPMorgan, Eagle Outfitters, Technologies, Steel, Japan's Nippon Steel, Nippon Steel, GOP, Trump, Nvidia Locations: Midland , Texas, Wells Fargo, Freeport, Pittsburgh

☆ These are the best stocks to play the 'explosive' up move in copper, according to Strategas
▼ + stars: | 2024-04-07 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Copper prices are in the midst of a sharp rally, and there are a few stocks investors could check out to play the trend, according to Strategas. In a Thursday report, he called out the "explosive move from copper" and identified stocks with exposure to the metal that are breaking out of their multi-year ranges. The average price target suggests downside of about 3% from current levels. The average price target suggests 29% downside from current levels. He also raised his price target to $130 from $91, implying that shares could rally about 17% from their Friday close.

Persons: Chris Verrone, Bernstein, Bob Brackett, Brackett, Jefferies, Alejandro Anibal Demichelis, Demichelis Organizations: Copper, Southern Locations: U.S, Freeport, McMoRan, McRoRan, Indonesia, Mexico

☆ Sully's Stats: CIC's Malcolm Etheridge shares his takes on Exxon Mobil and Freeport-McMoran
▼ + stars: | 2024-04-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSully's Stats: CIC's Malcolm Etheridge shares his takes on Exxon Mobil and Freeport-McMoranHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: CIC's Malcolm Etheridge, Brian Sullivan, “ Organizations: Exxon Mobil, McMoran, CNBC Locations: Freeport

☆ Fire extinguished on Carnival Freedom cruise ship near Bahamas after possible lightning strike
▼ + stars: | 2024-03-24 | by ( David Williams | Ashley Williams | ) edition.cnn.com time to read: +2 min

CNN —Heath Barnes opened his book on the upper decks of the Bahamas-bound Carnival Freedom cruise ship in between bouts of rain. Cruise ship officials reported the fire broke out on the port side of the ship’s exhaust funnel around 3:15 p.m. local time, according to a news release from Carnival Cruise Line. Witnesses reported the ship may have been struck by lightning, but that has not been confirmed and the cause is still being investigated, according to the cruise line. The ship visited Freeport on Sunday, Carnival said, adding there were no operational issues with the ship’s systems. This was his 18th Carnival Cruise trip.

Persons: CNN — Heath Barnes, ”, Barnes, Carnival, “ It’s Organizations: CNN, Cruise, Carnival Cruise, Port Canaveral, US Coast Guard Locations: Bahamas, Woodsboro , Maryland, Freeport, Sunday, Port

☆ Energy, materials lead the way — plus, what we want to hear from DuPont and Estee Lauder
▼ + stars: | 2024-03-13 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Leading the way were the energy and materials sectors while the technology and health-care groups lagged. Cyclical sectors like energy and materials have been strong performers over the past month or so, amid a broadening market rally . 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.

Persons: Jim Cramer, we've, it's, –, Estee lauder, Estee Lauder, We'll, Jim Cramer's, Jim, pumpjack Organizations: CNBC, Texas, Coterra Energy, Tech, Nvidia, Club, GE Healthcare, Electric, Estee, DuPont, Senate, Dollar, DICK's Sporting Goods, Commerce, Jim Cramer's Charitable, Citizens, UCG, Getty Locations: Freeport, McMoRan, DuPont, China, U.S, Bakersfield, Kern County , California, USA

☆ Trade Tracker: Steve Weiss sells Freeport-McMoran and buys more Archer-Daniels-Midland
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTrade Tracker: Steve Weiss sells Freeport-McMoran and buys more Archer-Daniels-MidlandSteve Weiss, founder and managing partner at Short Hills Capital Partners, joins CNBC's 'Halftime Report' to detail his latest portfolio moves.

Persons: Steve Weiss, Archer, Midland Steve Weiss Organizations: McMoran, Daniels, Midland, Short Hills Capital Partners Locations: Freeport

☆ 5 cheap stocks to buy on any pullback, according to investor Sarat Sethi
▼ + stars: | 2024-03-06 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Stocks have ripped to record highs this year, led by a few major technology names as investors bet artificial intelligence will boost profits. That doesn't mean there aren't opportunities for investors looking for stocks at more attractive valuations, especially during pullbacks, Sethi said. Sethi highlighted several attractively valued stocks to buy on a pullback, including Johnson & Johnson , GSK , Freeport-McMoRan , Schlumberger and Google parent Alphabet . From the health-care sector, Sethi highlighted pharmaceutical companies Johnson & Johnson and GSK as "very cheap stocks." When it comes to major technology stocks, Sethi pointed out that Alphabet, one of his firm's core holdings, is currently trading at a discounted level.

Persons: Sarat Sethi, Douglas C, Sethi, FactSet, that's Organizations: Lane & Associates, Federal Reserve, Dow Jones, Nasdaq, Johnson, GSK, Schlumberger, Google, Freeport, Nvidia, Microsoft, Meta Locations: Freeport, McMoRan

☆ Coastal cities are sinking in the US and pushing sea level rise into overdrive
▼ + stars: | 2024-03-06 | by ( Rachel Ramirez | ) edition.cnn.com time to read: +5 min

CNN —Dozens of cities along the US coastline are sinking at alarming rates, leaving them far more exposed to devastating flooding from sea level rise than previously thought, scientists reported Wednesday. Cities on the East Coast where sinking land is exacerbating sea level rise include New York City and Atlantic City; Virginia Beach; Charleston, South Carolina; and Savannah, Georgia. As much as a third of sea level rise in this region over the next three decades could come from the sinking effect, the report found. This is a particular problem in areas where new coastal land has been created over the years by backfilling with sediment. Additionally, researchers say most sea level rise studies make projections for the end of the century, which “is viewed as too far (away) to begin planning,” Shirzaei said.

Persons: ”, Manoochehr Shirzaei, Leonard Ohenhen, Ophelia, Bing Guan, Kristina Hill, you’ll, ” Ohenhen, Joe Raedle, ” Shirzaei Organizations: CNN, Virginia Tech, Cities, Seaboard, Corpus Christi, Reuters, University of California, Getty Locations: East, New York City, Atlantic City, Virginia Beach, Charleston , South Carolina, Savannah , Georgia, Gulf, East Coast, Louisiana, Texas, Galveston, Freeport, Corpus, Northeast, Hamilton Beach, Queens, Berkeley, New Orleans, Port, Miami

☆ Market strategist Adam Parker gives his investment predictions for the next decade, including selling crypto
▼ + stars: | 2024-02-26 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +6 min

That's one of 10 investing predictions for the next 10 years by the Trivariate Research market strategist. "We have always said 'we prefer a basket of high-quality US growth equities'" when asked about crypto, Parker said in a note over the weekend. "Missing the appreciation of the asset class is not good, but participating in US growth equities has been more than adequate." "Because it is just a proxy for risk taking, investors can mirror the exposure of a basket of crypto through low quality hyper growth stocks," he added. "This sector checks all the boxes … We think there will be continued consolidation, so owning oil-sensitive energy stocks that are mid-cap likely will prove prudent," he said.

Persons: Adam Parker, That's, Bitcoin, Parker Organizations: Trivariate Research, Metrics, Own U.S, Mining, BHP Group, Microsoft, BHP, Vale, Southern Copper, Marathon Petroleum, Treasury, U.S . Treasury Locations: CRE, New York, San Francisco, Chicago, decarbonization, Freeport, McMoRan, Australia, Rio Tinto, Greece, France, Italy, Spain, Portugal

☆ They built a waterfront home in the Bahamas. Then it was destroyed by a hurricane
▼ + stars: | 2024-02-18 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +14 min

Handshake agreementThe Slezyckis love watching the sunrise from their waterfront home in the Bahamas. ”But we do it once a year.”Storm damageSadly their home was destroyed when Hurricane Dorian hit in 2019. Nobody was [left] unscathed.”Unfortunately, the Slezyckis weren’t able to return to Great Guana Cay for a while as the nearest airports had also been damaged by the storm. “No crowds, no traffic, no road rage, little to no crime.”Although the hurricane devastated Great Guana Cay, the island has since recovered, and “in some ways is better than ever,” says Norvell. We’re really spread out over here.”In 2020, she launched a TikTok account, SouthPauseIslandGirl, on the suggestion of her niece, and eventually began posting about Great Guana Cay.

Persons: CNN — They’d, Mark Slezycki, “, ” Norvell, they’d, ‘, ”, Mark, Norvell, ’ ”, you’re, Mark “, Hurricane Dorian, Norvell Slezycki, Dorian, “ We’ve, they’ve, Kim Kardashian, Tom Brady, “ It’s, It’s, We’re, she’s, it’s, “ There’s, “ You’ve, you’ve Organizations: CNN, CNN Travel, ”, Fort, Fort Lauderdale Executive, Ocean, Ocean Club, US State Department Locations: Bahamas, Norvell, New York City, Nassau, Florida, Guana, Abaco, Lighthouse Point , Florida, Pompano Beach, Fort Lauderdale, Treasure Cay, “, ”, Marsh Harbour, Great, New Providence, Freeport

☆ Freeport Indonesia discusses who's investing in the country's mining industry
▼ + stars: | 2024-02-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFreeport Indonesia discusses who's investing in the country's mining industryTony Wenas, president director at Freeport Indonesia, discusses Chinese investments in Indonesia's mining and metals industry.

Persons: Tony Wenas Organizations: Email, Indonesia, Freeport Indonesia

☆ Cramer's Lightning Round: AbbVie is 'a very good company'
▼ + stars: | 2024-02-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Oxford Lane Capital's year-to-date stock performance. Oxford Lane Capital : "We don't know if they're any good at credit, and we don't know what they own. Stock Chart Icon Stock chart icon MercadoLibre's year-to-date stock performance. Stock Chart Icon Stock chart icon Freeport-McMoRan's year-to-date stock performance. Stock Chart Icon Stock chart icon AbbVie's year-to-date stock performance.

Persons: Oxford Lane Organizations: Oxford, Oxford Lane, Blackstone, Mercado Libre Locations: Mercado, McMoRan's, McMoRan

☆ 5 Marines aboard helicopter that went down outside San Diego are confirmed dead, military says
▼ + stars: | 2024-02-08 | by ( ) www.cnbc.com time to read: +2 min

Five U.S. Marines aboard a helicopter that went down during stormy weather in the mountains outside of San Diego are confirmed dead, the military said Thursday. Authorities say the CH-53E Super Stallion vanished late Tuesday night while returning to Marine Corps Air Station Miramar in San Diego after training at Creech Air Force Base, northwest of Las Vegas. "It is with a heavy heart and profound sadness that I share the loss of five outstanding Marines from 3d Marine Aircraft Wing and the "Flying Tigers," Maj. Gen. Michael J. Borgschulte, commander of 3rd Marine Aircraft Wing, said in a statement. The craft was discovered Wednesday morning near the mountain community of Pine Valley, an hour's drive from San Diego. Civilian authorities searching on ground and by air located the aircraft, which went down during stormy weather in the Southern California mountains, about 45-miles (72-kilometers) from San Diego.

Persons: Maj, Michael J, Borgschulte, Borgshulte, Stephanie Leguizamon, Mike Cornette Organizations: Stallion, U.S, Marines, Authorities, Marine Corps Air Station Miramar, Creech Air Force Base, 3d Marine Aircraft Wing, Flying Tigers, 3rd Marine Aircraft, California Department of Forestry, Fire Protection, CBS, Cal Fire, Civilian Locations: Subic Bay Freeport Zone, Philippines, San Diego, Las Vegas, Pine Valley, Southern California

☆ Self-navigating ships could change the shipping industry. Here are the companies poised to benefit
▼ + stars: | 2024-02-02 | by ( Hakyung Kim | ) www.cnbc.com time to read: +7 min

Worldwide, the autonomous ships market reached $4.13 billion in 2022, and is forecasted to grow to $10.1 billion in 2032, according to Emergen Research . Avikus said this journey marked the first time autonomous navigation successfully enabled a large vessel to complete a trip over 10,000 kilometers. HiNAS 2.0 deployed a level-three autonomous navigation system, meaning that human intervention is only deployed in an emergency situation. The success of the HiNAS 2.0 and Prism Courage journey marked a foray into greater commercialization and implementation of autonomous ship navigation technology. The company is aiming for its fully autonomous ship technology to reach full-scale commercialization by 2025.

Persons: Patrick Ryan, Covid, Courage, Avikus, Carol Schleif, Rudy Negenborn, — Ryan, Ryan, BMO's, Morgan Stanley, Ravi Shanker, Shanker, Hunt, C.H, Robinson, Negenborn Organizations: Research, American Bureau of Shipping, Hyundai, Yara International ASA, Yara, BMO Family, Delft University of Technology, Moeller, Maersk, Yara International, Mitsui, Mitsui O.S.K, Royce, Shipbuilders, Expeditors International Locations: Covid, Avikus, Freeport, of Mexico, Panama, Korea, Red, Suez, U.S, Danish, American, ADRs, Japan

☆ Bahamas travel warning updated amid violent crime wave
▼ + stars: | 2024-01-29 | by ( Marnie Hunter | ) edition.cnn.com time to read: +3 min

CNN —The US State Department on Friday posted a travel advisory update urging Americans to “exercise increased caution” in the Bahamas, citing crime. The State Department said Tuesday that the advisory level did not change in its January 26 update. In the travel advisory updated two days later, the State Department again urges travelers not to resist any robbery attempts and cautions against opening doors to strangers. The Bahamas isn’t the only Caribbean destination with an updated travel alert. Sexual assaults occur frequently, including at all-inclusive resorts,” the State Department advisory for Jamaica reads.

Persons: Philip “, ” Davis, “ Organizations: CNN, US State Department, State Department, Embassy, New Providence, Bahamian, Tribune, Bahamas Ministry of Tourism Locations: Bahamas, New Providence, Nassau, Freeport, Providence, U.S, New, Jamaica

☆ Violent crime prompts State Department travel warning for the Bahamas
▼ + stars: | 2024-01-29 | by ( Marnie Hunter | ) edition.cnn.com time to read: +2 min

CNN —The US State Department on Friday posted a travel advisory urging Americans to “exercise increased caution” in the Bahamas, citing crime. “Violent crime, such as burglaries, armed robberies, and sexual assaults, occur in both tourist and non-tourist areas. In the travel advisory issued two days later, the State Department also urges travelers not to resist any robbery attempts and cautions against opening doors to strangers. The Bahamas isn’t the only Caribbean destination with an updated travel alert. Sexual assaults occur frequently, including at all-inclusive resorts,” the State Department advisory for Jamaica reads.

Persons: Philip “, ” Davis Organizations: CNN, US State Department, State Department, New Providence, Bahamian, Tribune, Bahamas Ministry of Tourism Locations: Bahamas, New Providence, Nassau, Grand, Freeport, New, Jamaica

☆ Copper price action is in a 'watch-out situation', says Freeport-McMoran CEO
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCopper price action is in a 'watch-out situation', says Freeport-McMoran CEORichard Adkerson, Freeport-McMoran CEO, joins 'Money Movers' to discuss the company's quarterly earnings results, the outlook for how China will affect Freeport-McMoran's business, and the global picture for copper.

Persons: Richard Adkerson Organizations: McMoran Locations: Freeport, China

☆ The 4 most important things we're watching in the stock market this coming week
▼ + stars: | 2024-01-20 | by ( Zev Fima | ) www.cnbc.com time to read: +11 min

Fortunately, we'll get useful information in the coming weeks as earnings season ramps up and updated inflation data is released. We really want to see more supply come into the market to provide some relief on shelter costs. Looking to next week, we'll get a several key economic updates and a ramp up of earnings releases. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: Morgan Stanley, we'll, Procter & Gamble, we've, We're, we're, We'll, Forex, Brown, BRO, Zions, CrossFirst, Johnson, Lockheed Martin, Horton, ERIC, Baker Hughes, Abbott, ABT, Clark, BOK, Monro, Simmons, United Community Banks, Lam, Ethan Allen Interiors, Raymond James Financial, Sherwin, Williams, Northrop, Murphy, Arthur J, Levi Strauss, LEVI, Booz Allen, Jim Cramer's, Jim Cramer, Jim, John Gress Organizations: Nasdaq, Microsoft, Nvidia, Tesla, Apple, Bank of America, Reserve, Procter, Gross, Citigroup, of Hawaii, United Airlines, Logitech International S.A, AGNC Investment, Agilysys Inc, Great Southern Bancorp, Enterprise Financial Services, Independent Bank, Home Bancorp, RBB Bancorp, TrustCo Bank Corp, Gamble Co, Verizon Communications, 3M Company, General Electric Co, GE, RTX Corporation, Halliburton Company, HAL, Lockheed, Ericsson, Bank, GATX Corporation, MakeMyTrip, National Bancorp, Synchrony, Webster, Atlantic Union Bankshares Corporation, Invesco PLC, Peoples Bancorp Inc, Sandy Spring Bancorp, Netflix, Texas Instruments Incorporated, Steel Dynamics, Canadian National Railway Company, NBT Bancorp, East West Bancorp, Covenant Logistics Group, Inc, Hanmi, National Bank Holdings Corporation, Premier Financial, QCR Holdings, Renasant Corporation, Triumph, Veritex Holdings, ASML, SAP, Textron, Oriental Education, Technology Group, First BanCorp, General Dynamics, OFG Bancorp, Prosperity, TE Connectivity, United Community, Blue Foundry Bancorp, Capitol Federal, HBT, Teledyne Technologies, Business Machines, IBM, Las Vegas Sands Corp, Lam Research, United Rentals, Berkley Corp, Crown, International, Packaging Corporation of America, Seagate Technology plc, CACI, Swift Transportation Holdings, Ameriprise Financial, Concentrix Corporation, First Bank, Liberty Energy, Pathward Financial, Columbia Banking, CSX, American Airlines Group, NextEra Energy Inc, Alaska Air Group, Dow Chemical Co, Valero Energy, Southwest Airlines Co, Nextera Energy, Williams Co, Union Pacific, Applied Industrial Technologies, Mobileye, Northrop Grumman, Comcast, Nokia, TAL Education, McCormick & Company, Intel, Visa Inc, Gallagher, Co, KLA Corporation, Western Alliance, Mobile, L3Harris Technologies, Western, Olin Corporation, American Express Co, Booz, Booz Allen Hamilton Holding, Colgate, Palmolive Co, Norfolk Southern Corporation, Jim Cramer's Charitable, CNBC, Gamble's Locations: Procter &, U.S, China, ZION, Freeport, Kimberly, Las, W.R, Chicago

☆ The S&P 500 tops a record high that ‘clears the charts’ of resistance ahead of a week of earnings, inflation data
▼ + stars: | 2024-01-19 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

The S & P 500 rallied more than 1% on Friday, above both its closing and intraday records that it last reached in January 2022. "Meaning that when a major index like the S & P 500, like the Nasdaq 100, reaches a new all time high, what it does is, it clears the charts of resistance." For 2024, Wald anticipates the S & P 500 will end the year at the 5,400 level, representing a roughly 12% rise from Friday's close of 4,839.81. Inflation data, earnings ahead Next week will also bring the Fed's preferred inflation gauge for December, which is expected to confirm the recent trend of easing inflation. Leading Indicators Tuesday Jan. 23 10 a.m. Richmond Fed Index (January) Earnings: General Electric , Synchrony Financial , D.R.

Persons: it's, Katie Stockton, we've, Oppenheimer's Ari Wald, Wald, Dow Jones, That's, Dave Sekera, Sekera, Jan, Johnson, Lockheed Martin, Lockheed Martin Wednesday Jan, Kimberly, Clark, Northrop Organizations: Fed, Nasdaq, Morningstar Research Services, Richmond Fed, Synchrony, Raytheon Technologies, Verizon Communications, Halliburton, Johnson, Procter, Gamble, Lockheed, Lockheed Martin Wednesday, PMI, SA, PMI Manufacturing SA, PMI Services SA, Abbott Laboratories, Chicago, New, . Kansas City Fed Manufacturing, Northrop Grumman, Southwest Airlines, American Airlines, Comcast, PCE, Norfolk, American, CNBC Locations: Stockton, U.S, Horton, Freeport, McMoRan, . Kansas

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