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☆ Jim Cramer's top 6 things to watch in the stock market Monday
▼ + stars: | 2023-05-08 | by ( Jim Cramer | ) www.cnbc.com time to read: +3 min

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. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the 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.

☆ Wall Street’s still worried despite Friday’s fakeout
▼ + stars: | 2023-05-07 | by ( Krystal Hur | ) edition.cnn.com time to read: +5 min

In other words, Wall Street still has concerns about the banking sector’s health, the Federal Reserve’s interest rate trajectory and the possibility of recession. Key inflation reports aheadThe April Consumer Price Index and Producer Price Index are on deck for next week. The Fed on Wednesday raised interest rates by a quarter point and opened the door to a pause later this year. Wednesday: April Consumer Price Index and earnings report from Disney (DIS). Thursday: April Producer Price Index, mortgage rates and jobless claims.

☆ Big Tech Earnings Spark Hope That Worst Is Over
▼ + stars: | 2023-04-29 | by ( Meghan Bobrowsky | ) www.wsj.com time to read: 1 min

Google eked out an operating profit for its cloud business for the first time this quarter. Photo: robyn beck/Agence France-Presse/Getty ImagesResults from the big tech companies have sparked investors’ hopes that the worst of the postpandemic hangover is fading, but they also show how much growth has slowed. Companies as varied as Amazon .com Inc., Google-parent Alphabet Inc., Meta Platforms Inc. and Intel Corp. signaled to investors in recent days that the brutal slowdown in sales growth that began as people emerged from the pandemic and re-engaged with daily routines was coming to an end.

☆ MLB roundup: Cubs' Drew Smyly flirts with perfection vs. Dodgers
▼ + stars: | 2023-04-22 | by ( ) www.reuters.com time to read: +11 min

Los Angeles starter Julio Urias (3-2) allowed five runs, seven hits (including two homers) and two walks in 3 1/3 innings. Seven of Urias' 10 earned runs allowed this season have come against Chicago. Philadelphia starter Aaron Nola tossed a season-high seven innings and allowed four hits and three runs with three strikeouts and three walks. Pittsburgh starter Mitch Keller (2-0) allowed two runs and four hits in six innings, with five strikeouts and a walk. Pivetta (1-1) allowed three runs on seven hits in 5 2/3 innings, striking out seven with one walk.

J&J (JNJ.N) shares fell 2.8% after the healthcare conglomerate cautioned investors over the lingering impact of inflation-driven costs this year. Goldman (GS.N) shares dropped 1.7% after the Wall Street firm's profit fell 19% as dealmaking and bond trading slumped. The early quarterly results from S&P 500 companies come as investors have been bracing for a gloomy reporting season, fearing the economy may be on the cusp of a downturn. S&P 500 company earnings are expected to have declined 4.8% in the first quarter from a year earlier, according to Refinitiv IBES data as of Friday. The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 143 new lows.

☆ Gold off one-year highs as investors weigh rate hike prospects
▼ + stars: | 2023-04-17 | by ( Kavya Guduru | ) www.reuters.com time to read: +2 min

SummarySummary Companies Gold prices biased for a grind higher - analystsMarkets pricing in Fed 25-bps rate hike in MayU.S. dollar up 0.1%April 17 (Reuters) - Gold prices inched higher on Monday but were off one-year highs reached late last week as mixed economic data prompted investors to reassess the U.S. Federal Reserve's rate hike trajectory and boosted the dollar. Spot gold was up 0.1% at $2,004.74 per ounce, as of 0353 GMT. The dollar index was 0.1% higher, making bullion expensive for overseas buyers. Other data showed households expected inflation to rise over the next 12 months. The CME FedWatch tool shows markets are pricing in a 80.9% chance of a 25 basis point hike in May.

☆ Club meeting recap: Jim Cramer says industrial giant Honeywell is a buy
▼ + stars: | 2023-04-12 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Stocks fall, despite softer inflation Stocks gave up early gains Wednesday after having initially climbed on fresh data showing inflation cooled in March . Stick with Meta Meta Platforms (META) is still a terrific stock to own, Jim said Wednesday. 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 .

The ADP National Employment report showed U.S. private employment rose by 145,000 jobs last month, compared with economists' projections of an increase of 200,000 jobs, adding to recent signs of a cooling labor market. With growing concerns about a worsening economic outlook following the recent turmoil in the banking sector, market expectations have shifted in favor of the U.S. central bank hitting the brakes on its interest rate hikes. "But at the same time, I think investors are closely watching to make sure that we don't fall into a deep recession." Traders' bets of a pause by the Fed in May shot up to 62.2%, while odds of a 25-basis point interest rate hike fell to 37.8%, according to CME Group's Fedwatch tool. All eyes are now on the non-farm payrolls data for March, a more comprehensive employment report, that is due on Friday for more conclusive clues on the state of the labor market.

☆ Don't make America Florida, make it New Jersey instead, Democratic Gov. Phil Murphy says
▼ + stars: | 2023-04-03 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +9 min

Phil Murphy is pitching his home state of New Jersey as a model for America. He sat down with Insider in Florida, criticizing the state's policies under DeSantis. As head of the Democratic Governors Association, he wants blue states to be a contrast to red states. Ron DeSantis of Florida hasn't been subtle about selling his vision of what America should be. Phil Murphy is urging voters to look much further north on the East Coast, to New Jersey.

☆ Here's an exclusive look at the pitch deck that Anvil, which helps businesses automate paperwork, used to raise $5 million from Craft Ventures and Alphabet's Gradient Ventures
▼ + stars: | 2023-04-03 | by ( Melia Russell | ) www.businessinsider.com time to read: +3 min

It raised an additional $5 million for its Series A round from Craft Ventures and Gradient Ventures. Insider has an exclusive look at the pitch deck that Anvil used to raise the new funds. Three years ago, he set out to raise fresh capital for his startup, Anvil, which helps businesses create documents from data. In 2020, Craft Ventures heard Ng's pitch and passed. Here's an exclusive look at the pitch deck that Anvil used to raise an additional $5 million:

☆ Asian shares ride high in Q1 but keep vigil on inflation
▼ + stars: | 2023-03-31 | by ( Stella Qiu | ) www.reuters.com time to read: +5 min

The buoyant mood is likely to run into resistance in Europe, with caution setting in ahead of the euro zone inflation data. The pan-region Euro Stoxx 50 futures was flat, while S&P 500 futures eked out a gain of 0.2%. It is on course for a quarterly gain of 3.6%, after surging 12% in the three months that ended in December. Japan's Nikkei (.N225) also leaped 1%，as inflation data for the capital Tokyo highlighted broadening price pressures. That compared with an overwhelming bet on a 25 basis point hike a month ago before the banking volatility started.

Stock Chart Icon Stock chart icon Nvidia's stock performance year to date. Stock Chart Icon Stock chart icon Meta's stock performance year to date. Stock Chart Icon Stock chart icon Devon Energy's stock performance year to date. Stock Chart Icon Stock chart icon Johnson & Johnson's stock performance year to date. Stock Chart Icon Stock chart icon Honeywell's year to date stock performance.

☆ Australia retail sales growth slows to 0.2% in February
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: 1 min

SYDNEY, March 28 (Reuters) - Australian retail sales eked out a meagre gain in February after wild swings around year-end holidays, indicating shoppers are reining in spending in the face of higher costs of living and rising interest rates. Data from the Australian Bureau of Statistics (ABS) on Tuesday showed retail sales rose 0.2% in February from January, when they picked up a revised 1.8%. Sales of A$35.14 billion ($23.42 billion) were 6.4% higher than a year earlier. The result was just a touch above median forecasts of a rise of 0.1%. ($1 = 1.5004 Australian dollars)Reporting by Stella Qiu; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ Dollar steady after Fed's rate pause hints, yen rises
▼ + stars: | 2023-03-24 | by ( ) www.cnbc.com time to read: +2 min

The dollar was steady on Friday near seven-week lows as nervousness over the banking system kept investors skittish and traders absorbed the Federal Reserve's hints of a pause to interest rate hikes. The dollar index , which measures the currency against six major rivals, fell 0.019% at 102.56, just above the seven-week low of 101.91 it touched on Thursday. The yen strengthened 0.34% to 130.37 per dollar, having touched six-week high of 130.28 earlier in the session. The euro was down 0.03% to $1.0827, easing from a seven-week high of $1.0930 it touched on Thursday. The Australian dollar fell 0.31% to $0.666, while the kiwi fell 0.22% to $0.623.

☆ US stocks end mixed as investors brace for Powell's testimony to Congress
▼ + stars: | 2023-03-06 | by ( Carla Mozée | ) www.businessinsider.com time to read: +3 min

Equities appeared in a holding pattern until Fed boss Jerome Powell delivers testimony about monetary policy this week. The 10-year Treasury yield edged higher after pulling back at the end of last week. "I think we'll be in a holding pattern until we get that nonfarm payrolls report," said Mayfield, referring to jobs report due out this Friday. "But I do think nonfarm payrolls could be interesting to see if there's a revision or not to the January number. The whole shift in the tone of markets started at the beginning of February when we got that January nonfarm payrolls number," Mayfield said.

☆ This India ETF is the only one among its peers that's risen this year — and pros see more upside
▼ + stars: | 2023-03-02 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The VanEck Digital India ETF is the only India-focused stock exchange-traded fund listed on Western exchanges to have posted gains this year. The emerging market fund tracks the MVIS Digital India Index. "We suspect this will remain the dominant theme setting the direction for Indian markets in the near term." However, the short-term turmoil in Indian markets hasn't upset long-term bulls on the Indian economy, according to Dutch bank ING. CNBC Pro did not include the Canada-listed iShares India Index ETF and BMO MSCI India ESG Leaders Index ETF and U.S.-listed VanEck India Growth Leaders ETF owing to a lack of price targets from FactSet.

☆ Inflation's direction will drive crypto's action in March now that the 2023 rally has faded
▼ + stars: | 2023-03-01 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Bitcoin and ether are starting the new trading month on a positive note – following a relatively flat month – each rising less than 1% Wednesday. In the near term, our bet is on the dollar pulling back," he said Wednesday. If we're right and more upside lies ahead in the near term, it's tough to think crypto isn't a major beneficiary." Long-term investors see regulation as a positive development ultimately, but it can put pressure on prices in the near term, Kruger said. Breaking past $25,000 Although bitcoin held up in February, investors are unsure when to expect a rocket ship rally .

Data showed the U.S. trade deficit in goods increased moderately in January, with both imports and exports rising solidly. FEDWATCHBofA Global Research warned the Fed could even hike interest rates to nearly 6%. "We're talking about stickier inflation in the economy and higher interest rates for longer. ET, Dow e-minis were up 43 points, or 0.13%, S&P 500 e-minis were up 3.5 points, or 0.09%, and Nasdaq 100 e-minis were down 2.25 points, or 0.02%. The three main indexes are headed for monthly declines, with the blue-chip Dow (.DJI) in the red for the year.

☆ Asian shares edge higher, dollar rally takes a breather
▼ + stars: | 2023-02-28 | by ( Ankur Banerjee | ) www.reuters.com time to read: +3 min

SINGAPORE, Feb 28 (Reuters) - Asian shares nudged higher on Tuesday, tracking small gains on Wall Street, while the U.S. dollar paused after a sharp rally as month-end flows lift sentiment and investors adjust to expectations of more interest rate hikes. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was 0.25% higher but was set to end the month down about 6%. China shares (.SSEC) was up 0.4% while Hong Kong's Hang Seng index (.HSI) was 1% higher but was on track to end its three month winning streak as the China reopening rally loses steam. China shares have also been weighed down by rising geopolitical tension, with U.S.-China relations the dominant uncertainty at the forefront of investor minds. The dollar index , which measures U.S. currency against six other peers, rose 0.048% and was set to snap a four month losing streak.

☆ Bitcoin, ether on track for a positive February despite mid-month drop and fading 2023 risk rally
▼ + stars: | 2023-02-28 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Bitcoin and ether are on pace for a modest February win, even after suffering a big drop earlier in the month. Bitcoin had eked out a 0.2% gain for the month by 4:15 p.m. That led to a brief sell-off in crypto assets that took bitcoin and ether down about 6% and 8.5%, respectively, in the three-day period ended Feb. 10. In the U.S., however, investors are on Fed watch, said James Lavish, managing partner at the Bitcoin Opportunity Fund. "Bitcoin has been the tip of the spear for risk assets for a long time," he said.

☆ Stocks close slightly up after prior week's selloff
▼ + stars: | 2023-02-27 | by ( Chuck Mikolajczak | ) www.reuters.com time to read: +4 min

All three main stock indexes climbed more than 1% shortly after the opening bell, in part due to an easing in Treasury yields, and all three closed well off their session highs. Stocks steadily gave up gains throughout the session as U.S. Treasury yields moved off the day's lows. Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 27, 2023. Advancing issues outnumbered declining ones on the NYSE by a 1.69-to-1 ratio; on Nasdaq, a 1.41-to-1 ratio favored advancers. The S&P 500 posted 4 new 52-week highs and 8 new lows; the Nasdaq Composite recorded 71 new highs and 102 new lows.

☆ After splitting with Kanye West, British audio startup Kano asks for funding
▼ + stars: | 2023-02-27 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

The two would go on to discuss the beginnings of what eventually became the Stem Player. It was originally named the "Donda Stem Player," a reference to West's 10th studio album, Donda. Faced with "worse" terms and news of Ye's antisemitic comments, Kano didn't accept, Klein said. Despite recent outcry over Ye's antisemitic remarks, he has frequently raised eyebrows. The Stem Player, along with West's dedicated fanbase, drove great commercial success for the small London startup.

☆ ATP roundup: Jiri Lehecka upsets Doha top seed Andrey Rublev
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +2 min

1 seed Andrey Rublev 4-6, 6-4, 6-3 in the quarterfinals of the Qatar ExxonMobil Open on Thursday in Doha. Lehecka will face Great Britain's Andy Murray in the semifinals after Murray rallied past French qualifier Alexandre Muller 4-6, 6-1, 6-2. 7 seed Alejandro Davidovich Fokina 6-4, 7-6 (5) on Thursday while Medvedev battled past Christopher O'Connell of Australia 6-2, 4-6, 7-5. 1 seed Hubert Hurkacz of Poland dropped his first set before rallying past Switzerland's Leandro Riedi 4-6, 6-3, 6-2 in second-round action at Marseille, France. Third seed Alex de Minaur of Australia beat Swiss qualifier Alexander Ritschard 6-3, 6-3, while fourth seed Grigor Dimitrov of Bulgaria was a 6-3, 6-2 winner over Dutch qualifier Gijs Brouwer.

☆ Nvidia cheer ripples through chips as investors assess Fed minutes
▼ + stars: | 2023-02-23 | by ( Huw Jones | ) www.reuters.com time to read: +5 min

[1/3] The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, January 24, 2023. The MSCI all country share index (.MIWD00000PUS) was slightly firmer, adding to the year's 4.5% advance, after falling nearly 20% in 2022. The yield on 10-year Treasury was slightly firmer at 3.9254%. The Australian and New Zealand dollar were both slightly firmer against the dollar. Fed officials Mary Daly and Raphael Bostic are also due to make appearances later on Thursday.

☆ Asia stocks see bright side after Nvidia sounds upbeat
▼ + stars: | 2023-02-23 | by ( Tom Westbrook | ) www.reuters.com time to read: +4 min

Shares in the giant Taiwan Semiconductor Manufacturing Co (2330.TW) rose 2.2% to lift Taiwan's benchmark (.TWII) 1.3%. A 4% gain for SK Hynix (000660.KS) and a 2% gain for Samsung (005930.KS) drove South Korea's Kospi (.KS11) 1% higher. The Bank of Korea also offered some relief by ending a year-long run of uninterrupted rate hikes with a pause - as expected. Wall Street indexes fell overnight and are eyeing their worst week of the year so far as stronger-than-forecast U.S. labour, inflation, retail sales and manufacturing figures have traders pricing interest rates staying higher for longer. "Markets have been forced to reprice interest rate expectations, not just higher, but also questioning the view that once peak rates are hit, central banks will pivot quickly to cutting interest rates," said ANZ economist Finn Robinson.

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