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☆ Stock futures rise Sunday ahead of shortened trading week: Live updates
▼ + stars: | 2024-11-24 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange on Nov. 22, 2024 in New York City. U.S. stock futures climbed Sunday night as Wall Street kicked off a shortened Thanksgiving trading week. Despite this week's shortened trading week, the interest rate outlook is back in focus with the release of October's personal consumption expenditure (PCE) price index, the Federal Reserve's preferred inflation measure. On the corporate earnings front, several retailers and tech names are slated to release quarterly results during the week. On Tuesday, retailers Macy's, Nordstrom and Best Buy are reporting results, as well as tech companies CrowdStrike and Dell Technologies.

Persons: Russell, Donald Trump, Scott Bessent, Trump, Bessent, Phillip Colmar, Nordstrom Organizations: New York Stock Exchange, Dow Jones Industrial, Nasdaq, Dow, Key Square, Treasury, MRB Partners, President, Federal, Dell Technologies Locations: New York City . U.S

☆ 6 things we’re watching in the stock market in the holiday-shortened trading week ahead
▼ + stars: | 2024-11-24 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

While the magnitude of the guidance beat was perhaps not enough to satiate the most demanding of bulls, the stock was flat on the week. Our other cybersecurity stock, CrowdStrike , is one of the main events of this holiday-shortened week on Wall Street. We added to our CrowdStrike exposure last week after the stock came under pressure due to increased geopolitical tensions . ET: Pending Home Sales Thursday, Nov. 28 Stock market closed for Thanksgiving holiday Friday, Nov. 29 Stock market closes early at 1 p.m. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Donald Trump's, HomeGoods, Tuesday's, Trump, We'll, LSEG, CrowdStrike, Dow Jones, —, Jim Cramer's, Jim Cramer, Jim Organizations: Nvidia, Dow Jones, Nasdaq, Dow, Companies, Palo Alto Networks, Federal, Home, Palo, Body, Fluence Energy, Agilent Tech, Abercrombie, Fitch, DICK'S Sporting, Dell Technologies, Autodesk, HP, Urban Outfitters, Nordstrom, Jim Cramer's Charitable, CNBC, The New York Stock Exchange, NYSE Locations: Maxx, U.S, Burlington

CNN —President-elect Donald Trump’s Treasury secretary pick stands in stark contrast to some of the more controversial and questionable Cabinet picks he’s announced so far. In many respects, the Treasury secretary is the quarterback of the economy. Wall Street was unfazed by the selection. One of the Treasury secretary’s jobs is to help keep Wall Street calm and confident during times of economic or market turmoil. The Treasury secretary works closely with both the central bank and the White House.

Persons: Donald Trump’s, he’s, Scott Bessent, “ Scott Bessent, ”, Glock, “, Trump, Matt Gaetz, Robert F, Kennedy, Jr, MAGA, ” Glock, Bessent, Elon Musk, Cantor Fitzgerald, Howard Lutnick, Musk, Lutnick, –, Isaac Boltansky, “ Scott, I’ve, Kyle Bass, Xi Jinping, Jerome Powell Organizations: CNN, Manhattan Institute, Trump loyalists, Treasury, Soros Fund Management, Fox News, Trump, Commerce, Street, Hayman Capital Management, Dow Jones, White Locations: Bessent, China, Argentina

☆ Investor focus shifts to rate cut outlook on Thanksgiving week, with Fed minutes and inflation data ahead
▼ + stars: | 2024-11-22 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

The interest rate outlook will come back into focus next week with key inflation data and Federal Reserve meeting minutes coming out ahead of Thanksgiving, as investors wrap up a major month for markets following President-elect Donald Trump's election victory. The October personal consumption expenditure (PCE) price index set to release Wednesday could dent already-dimming hopes for a December rate cut if it comes in hotter than expected. The inflation rate is expected to have increased 0.2% month over month and 2.3% year on year. Rosy expectations Even with the interest rate cut expectations coming in, investors are optimistic on the direction for stocks to close out the year and into 2025. Goldman Sachs' David Kostin this week said he expects the S & P 500 can end next year at 6,500.

Persons: Donald Trump's, —, Luke O'Neill, Stocks, O'Neill, Goldman Sachs, David Kostin, Morgan Stanley's Mike Wilson, Brian Belski, Tom Hainlin, Jeff Cox Organizations: Federal Reserve, Alpha Fund, Nasdaq, Dow Jones, BMO, UBS, Bank Asset Management, Dell Technologies, Chicago, New, Richmond Fed, Devices, Autodesk, PCE Deflator, Chicago PMI Locations: U.S, Chicago

☆ The Trump trade showed its resilience this week
▼ + stars: | 2024-11-22 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Small-cap stocks were one of the biggest winners on Wall Street this week, serving as a prime example that the Trump trade is alive and well after a brief pause . Small caps were not the only components of the Trump trade that had strong gains this week. According to Tom Fitzpatrick, managing director at R.J. O'Brien & Associates, all signs point toward the Trump trade staying strong. Tesla, other stock components of the Trump trade Electric vehicle stock Tesla advanced nearly 10% this week. "I believe energy still has a lot to prove and the Trump trade didn't work out as well as investors thought it supposed to over his first term."

Persons: Trump, Russell, Donald Trump, Tom Fitzpatrick, Fitzpatrick, Bitcoin, Gary Gensler, Tesla, Elon Musk, Vivek Ramaswamy, Halliburton, Jay Woods, Woods Organizations: Nasdaq, Dow Jones, Investors, Trump, Tesla, Trump Media & Technology Group, Halliburton, U.S . Steel, O'Brien & Associates, CNBC, U.S, Securities and Exchange Commission, Freedom Capital Markets . Energy

☆ Stock futures fall slightly with Wall Street on track for a winning week: Live updates
▼ + stars: | 2024-11-21 | by ( Jesse Pound | ) www.cnbc.com time to read: +1 min

Stock futures edged lower on Thursday evening with Wall Street poised to end the week with gains in the three major averages. S&P 500 futures dipped 0.1%, while Nasdaq 100 futures were lower by 0.3%. All three major averages are on track for a positive week, led by the Nasdaq Composite's gain of 1.56%. That's a change from last week, when Wall Street's postelection rally appeared to stall. Shares of Gap jumped 15% after the company beat earnings estimates and hiked its full-year sales guidance.

Persons: Wall, Saira Malik Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Nvidia, market's, Intuit Locations: New York City

☆ Morgan Stanley CEO is bullish on stocks, says the U.S. economy is 'outperforming'
▼ + stars: | 2024-11-21 | by ( Lim Hui Jie | ) www.cnbc.com time to read: 1 min

Morgan Stanley CEO Ted Pick on Thursday expressed optimism about the stock market, saying that the U.S. economy will continue to outperform in 2025. "The world is still led by the U.S. consumer," Pick told CNBC's "Squawk Box Asia" from the Morgan Stanley summit in Singapore. He does acknowledge there will be some caution, due to factors including policy uncertainty, but "on the whole, people are are understandably continuing to be constructive." Pick said Morgan Stanley predicts that the broad-based S&P 500 will increase, pointing out that sectors like financials and industrials could perform with continued economic growth and some deregulation. The S&P 500 has gained just over 24% year to date, while the Dow Jones Industrial Average has seen a 15.13% climb.

Persons: Morgan Stanley, Ted Pick, Pick, CNBC's, industrials Organizations: Dow Jones Locations: U.S, Singapore

☆ Jim Cramer's big takeaway from the market reaction to Nvidia's earnings beat
▼ + stars: | 2024-11-21 | 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. Nvidia's "biggest problem is allocation," Jim Cramer said, referring to the supply crunch for its next-gen Blackwell chips. 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, Blackwell, Jim, there's, Deere, There's, Stocks, Jim Cramer's, PANW, DOV Organizations: CNBC, Dow Jones, Nasdaq, Nvidia, Club, Deere, Palo Alto Networks, Palo, Blackwell, Electrical, Eaton, BJ's Wholesale Locations: Palo Alto, Dover

☆ Stock futures are little changed, Nvidia shares slip after earnings report: Live updates
▼ + stars: | 2024-11-20 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stock futures are near flat Wednesday night as investors parsed the all-important earnings release from artificial intelligence darling Nvidia . Investors kept a close eye on after-the-bell earnings from Nvidia, the chipmaker that has dazzled Wall Street for more than a year as a key AI beneficiary. While the company beat expectations for the third quarter and issued strong guidance, shares shed more than 1%. On the other hand, Snowflake jumped more than 19% after the data analytics software company beat expectations for the third quarter. That action follows a mixed day on Wall Street, with the S&P 500 ending near flat.

Persons: University's, Snowflake, Dow, Beth Hammack, Austan Goolsbee, Jeff Schmid Organizations: New York Stock Exchange, Stock, Nvidia, Dow Jones Industrial, Nasdaq, Investors, Dow, University's Stern School of Business, Traders, Cleveland Federal, Chicago Fed, Kansas City, Intuit Locations: New York City, New

☆ CNBC Daily Open: Investors prioritize Nvidia’s earnings over geopolitical risks
▼ + stars: | 2024-11-20 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

In this article BRBY-GB.N225SMCI.SPXNVDA.IXIC.DJI Follow your favorite stocks CREATE FREE ACCOUNTChip company Nvidia's headquarters in Silicon Valley in February 2024. Andrej Sokolow | Picture Alliance | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. I clearly expect to see some kind of immediate reaction, knee-jerk reaction," Tiffany McGhee, CEO and CIO of Pivotal Advisors, told CNBC. Considering Nvidia's performance over the past two years, however, it's hard to think of any other asset that will give investors the same sense of safety.

Persons: SPX, Andrej Sokolow, Tiffany McGhee, Stocks, McGhee, Gonzalo Asis, Blackwell, Jensen Huang, bubbled, Iordache, Katrina Bishop, Brian Evans, Samantha Subin, Pia Singh Organizations: Getty, CNBC, Nasdaq, Dow Jones, Reserve, Bank of America Securities Locations: Silicon Valley, Russia, Ukraine

☆ Oppenheimer's top stock picks heading into year-end
▼ + stars: | 2024-11-20 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Meanwhile, the Dow Jones Industrial Average and the S & P 500 are each up more than 3% month to date. As November nears its close, Oppenheimer has updated its top stock ideas list. Its $145 price target reflects almost 22% upside from Tuesday's close. Oppenheimer believes medical technology company Transmedics is also due for a rally, as its $125 target reflects nearly 51% upside from Tuesday's close. TMDX YTD mountain TMDX, year-to-date For newly added Citigroup, Oppenheimer's $107 target implies more than 56% upside from Tuesday's close.

Persons: Stocks, Donald Trump's, Oppenheimer, Rob Lynch, Brian Bittner, Suraj Kalia Organizations: Oppenheimer, Nasdaq, Dow Jones Industrial, Citigroup, Oppenheimer's Locations: Instacart

☆ Stock futures are little changed as Wall Street braces for Nvidia's quarterly results: Live updates
▼ + stars: | 2024-11-19 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Traders work on the New York Stock Exchange (NYSE) floor on November 12, 2024 in New York City. Stock futures hovered near the flatline on Tuesday evening, as investors looked toward a key earnings report from tech giant Nvidia. S&P 500 futures were little changed, while Nasdaq 100 futures inched higher by less than 0.07%. The jump in Nvidia shares helped lift the Nasdaq Composite to a 1% gain and the S&P 500 to a 0.4% advance. The separation is expected to take roughly a year, and the news was first reported by The Wall Street Journal.

Persons: Nvidia's, Jensen Huang, Lori Calvasina, CNBC's Julia Boorstin, Lisa Cook, Michelle Bowman, Susan Collins Organizations: New York Stock Exchange, Stock, Nvidia, Futures, Dow Jones, Nasdaq, Nvidia's Blackwell, RBC, Markets, Comcast, MSNBC, CNBC, Wall Street Journal, Federal Reserve, Boston Locations: New York City

☆ CNBC Daily Open: Tesla makes up for Nvidia’s dip
▼ + stars: | 2024-11-19 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Individual stocks sway indexesOn Monday, the S&P 500 rose 0.4% and the Nadaq Composite added 0.6%, mostly spurred higher by Tesla . 'Europe-first' approachEuropean countries should adopt a "Europe-first" approach to technology, especially in response to Trump's protectionist inclinations, tech CEOs told CNBC. But investors should still be wary of certain headwinds, warned the bank's Chief U.S. Equity Strategist Mike Wilson.

Persons: Goldman Sachs, Salesforce, Donald, Andy Yen, Morgan Stanley, Mike Wilson Organizations: CNBC, Tesla, Dow Jones, Nasdaq, BDO, Proton, Chief U.S, Equity Locations: Europe

☆ Four trades working this morning amid rising geopolitical tensions
▼ + stars: | 2024-11-19 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Geopolitics are raining on the stock market's parade, but other trades are working. U.S. stock futures fell Tuesday as tensions between Ukraine and Russia intensified. S & P 500 and Nasdaq-100 futures shed 1.1% each. That said, four trades are holding up against this backdrop: Gold futures rallied nearly 1% to around $2,640 per ounce. If geopolitical pressure continues to rise, the four trades above could outperform as 2024 wraps up.

Persons: Vladmir Putin, —, DAX, Treasurys, Vladimir Putin's, Peter Boockvar, Cory Kasimov, Robert F, Kennedy Jr, Kasimov Organizations: Dow Jones Industrial, Nasdaq, Global, France's CAC, Bleakley Financial, ISI, Department of Health, Human Services Locations: Ukraine, Russia, Russian, U.S, Europe

☆ Some market experts are talking about 'animal spirits.' Here's what that means when it comes to investing
▼ + stars: | 2024-11-19 | by ( Lorie Konish | ) www.cnbc.com time to read: +3 min

Yet, some experts say they are seeing a renewal of so-called animal spirits. "Animal spirits" is a term first coined by economist John Maynard Keynes and refers to the tendency for human emotion to drive investment gains and losses. watch nowSome experts say animal spirits are a sign of consumer confidence. "It's essentially why dead investors outperform living investors, because dead investors are not impacted by their animal spirits," Klontz said. Research has shown dead investors' portfolios tend to outperform, since they are left untouched because they are less likely to be influenced by emotional decisions, such as panic selling or buying.

Persons: Timothy A, Clary, Donald Trump, John Maynard Keynes, Brad Klontz, Klontz, Scott Wren, Wells, Wren, —, We're Organizations: New York Stock Exchange, Getty, Trump, Dow Jones, Research, Investors Locations: Wells Fargo, U.S

☆ The stock market could be a $50 trillion guardrail on Trump
▼ + stars: | 2024-11-19 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

Yet there is another force that could deter Trump from some of his most extreme instincts: the $50 trillion US stock market. A view of the New York Stock Exchange on Wall Street on November 13 in New York City. A view of the New York Stock Exchange (NYSE) on Wall Street November 13, 2024, in New York City. Angela Weiss/AFP/Getty Images“There is zero chance that he will take personally any negative feedback from the stock market,” said Sonnenfeld. While the stock market initially celebrated the election results, the bond market did not.

Persons: Donald Trump, Gary Cohn, Trump, Jack Smith, CNN’s Kayla Tausche, ”, Isaac Boltansky, Angela Weiss, Jerome Powell, Trump’s, Xi Jinping, Ed Mills, Raymond James, Jeffrey Sonnenfeld, Alexander Hamilton, Chip Somodevilla, ” Lori Calvasina, it’s Organizations: New, New York CNN, Trump Republicans, Dow Jones, Federal, New York Stock Exchange, Getty, Trump, CNN, Yale, Leadership, Treasury, Fed, U.S . Department of Treasury, RBC Capital Markets Locations: New York, China, New York City, Argentina, Washington, “, Washington ,, recalibrate

Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty ImagesGlobal stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world's two largest nuclear powers: Russia and the U.S. The pan-European Stoxx 600 stock index was down almost 1% at 12:23 p.m. London time, hitting 498.56 points — its lowest level since August. The declines come after Russian President Vladimir Putin amended Russia's nuclear doctrine that outlines the conditions that would prompt Moscow to deploy its nuclear arsenal, Russian state news agency Tass reported Tuesday. In currency markets, the Japanese yen rose 0.7% and 0.36% against the euro and U.S. dollar respectively at 12:26 a.m. London time.

Persons: Vladimir Putin, Dmitry Peskov, USDJPY, Wells, Erik Nelson, Putin, Tiffany McGhee, CNBC's, Ice Brent Organizations: Valdai, Getty, U.S, Dow Jones, Nasdaq, Russian Federation, NBC News, Swiss, CNBC, U.S ., NATO, White, Kremlin, Russian Defense Ministry, Kyiv, NBC, Ukrainian, Staff of, Armed Forces, Ice Locations: Moscow, Russia, London, U.S, Republic of Belarus, Russian, Ukraine, Kyiv, Soviet, Bryansk, America

☆ 'Mag 7' leads reversal — plus, we're adding a new stock to our Bullpen watchlist
▼ + stars: | 2024-11-19 | by ( Jeff Marks | ) www.cnbc.com time to read: +5 min

Next, we are going outside our current holdings and adding drugmaker Bristol Myers Squibb to the Bullpen, our watchlist of stocks that could join the portfolio. New Jersey-based Bristol Myers is in the midst of a transition phase under the leadership of new CEO Chris Boerner. Companies reporting earnings before the open Wednesday include Club stock TJX Companies , along with Target , Williams-Sonoma , and ZIM Integrated . 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, Robert F, Kennedy Jr, Kennedy, Donald Trump, Wall, Eli Lilly, Bristol Myers, Chris Boerner, Boerner, Karuna, we'll, Stanley Black, Decker, Jim Cramer's, Jim Organizations: CNBC, ., Club, Nvidia, Dow Jones, of Health, Human Services, Senate, Bristol Myers Squibb, Bristol, pharma, Karuna Therapeutics, FDA, JPMorgan, Keysight Technologies, TJX Companies, Target, Williams, ZIM, Jim Cramer's Charitable Locations: New Jersey, U.S, Sonoma

☆ CNBC Daily Open: Tesla helps the Nasdaq snap its losing streak
▼ + stars: | 2024-11-19 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Individual stocks sway indexesOn Monday, the S&P 500 rose 0.4% and the Nadaq Composite added 0.6%, mostly spurred higher by Tesla . Shares of Goldman Sachs and Salesforce fell, causing the Dow Jones Industrial Average to drop 0.1%. Autonomous vehicles on the agendaTesla shares jumped 5.6% after it was reported that President-elect Donald Trump's incoming administration plans to draw up a federal framework that will regulate self-driving vehicles.

Persons: Goldman Sachs, Salesforce, Donald, Howard Marks, Goldman Organizations: CNBC, Tesla, Dow Jones, China's CSI, Nasdaq, BDO, Vice, JPMorgan, UBS Locations: Asia, Pacific, Hong Kong, China China, China

☆ Stock futures open little changed ahead of major earnings reports: Live updates
▼ + stars: | 2024-11-18 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during the morning trading on November 07, 2024 in New York City. Stock futures are little changed Monday night as investors await key earnings from retailers and chipmaker Nvidia this week. S&P futures shed about 0.05%, while Nasdaq 100 futures traded marginally lower. About 93% of S&P 500 companies have reported quarterly results so far, with three-quarters exceeding expectations and more than 60% beating revenue estimates, according to FactSet. The tech-heavy Nasdaq Composite gained 0.6%, snapping a four-day losing streak, while the S&P 500 added about 0.4%.

Persons: Stocks, Andrew Slimmon, Morgan Stanley Organizations: New York Stock Exchange, Stock, Nvidia, Dow Jones Industrial, Nasdaq, Trump Media & Technology Group, Walmart, Blackwell, Dow Jones, Morgan Stanley Investment Locations: New York City

☆ Stock futures open little changed as traders await Nvidia earnings: Live updates
▼ + stars: | 2024-11-17 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Traders work on the floor of the New York Stock Exchange during the opening bell on Nov. 13, 2024. Stock futures were slightly higher on Sunday night as Wall Street awaits a major earnings week and monitors a seemingly fizzled out postelection rally. S&P futures added 0.1%, while Nasdaq 100 futures gained 0.2%. The next major catalyst for the market this week will be Nvidia earnings, which are set to be released on Wednesday. Earnings from Palo Alto Networks and several major retailers, including Walmart , Target and Ross , are also on deck this week.

Persons: Donald Trump's, Jerome Powell, selloff, FactSet's John Butters Organizations: New York Stock Exchange, Stock, Dow Jones, Nasdaq, Federal, Traders, Blackwell, Palo Alto Networks, Walmart, Target Locations: 18.680.12, Palo

Stocks tumbled on Friday as the post-election rally fizzled and investors fretted over the path of interest rates. The S&P 500 slipped 1.32% and closed at 5,870.62, while the Nasdaq Composite fell 2.24% to 18,680.12. Declines in pharmaceutical stocks weighed on the 30-stock Dow and broader S&P 500, with Amgen down about 4.2% and Moderna off by 7.3%. The information technology sector of the S&P 500 was the worst performing corner of the market, down more than 2% as Nvidia, MetaPlatforms, Alphabet and Microsoft tumbled. The S&P 500 posted a weekly loss of 2.1%, while the Nasdaq Composite slid about 3.2%.

Persons: Stocks, Donald Trump, Robert F, Kennedy Jr, Tesla, ”, Kristy Akullian, “, Jerome Powell, Susan Collins, Dow Jones Organizations: Dow Jones Industrial, Nasdaq, Dow, Moderna, Department of Health, Human Services, P Biotech, Nvidia, Microsoft, Trump Trade, ” Traders, Federal, Boston, Street Locations: Americas, BlackRock

☆ CNBC Daily Open: Powell’s comments drag investors down to earth from postelection high
▼ + stars: | 2024-11-15 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Shelby Tauber | Bloomberg | Getty ImagesThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineAfter enjoying the postelection rally, investors are turning their attention to issues like inflation and interest rates again. Powell added that the Fed doesn't need to be "in a hurry to lower rates" because the of "the strength we are currently seeing in the economy." For investors who were riding high on the postelection rally and are now descending to earth, their landing sure feels like a bumpy one.

Persons: Jerome Powell, Shelby Tauber, Powell, Rick Rieder, Rieder, —, Jeff Cox, Brian Evans, Sarah Min Organizations: US Federal Reserve, Fair, Bloomberg, Getty, CNBC, Consumer, Dow Jones, Nasdaq Locations: Dallas , Texas, U.S

☆ Bank of America says Trump's win will unlock small-cap M&A and these stocks may be takeover candidates
▼ + stars: | 2024-11-15 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

President-elect Donald Trump's White House victory could boost merger and acquisition activity, and Bank of America thinks a group of small-cap stocks may benefit as target candidates. Financial services company Bread Financial Holdings turned up, having a float of 98% of shares outstanding and three-year sales growth of 28%. The biopharmaceutical company has a float of 99% and three-year sales growth of 105%. Commercial Metals Company also showd up on BofA's screen as a potential target. Commercial Metal's three-year sales growth was 18%.

Persons: Donald Trump's, Russell, that's, Lina Khan, Jill Carey, Irving, steelmaker Organizations: Bank of America, Dow Jones Industrial, Republican, House, Senate, Trump, FTC, GOP, Financial, Bread Financial Holdings, Halozyme Therapeutics, Commercial Metals Company Locations: Columbus , Ohio, Diego, Texas

☆ Jefferies says these cheap stocks can see sharp postelection gains
▼ + stars: | 2024-11-15 | by ( Pia Singh | In | ) www.cnbc.com time to read: +3 min

Select cheap names could be poised to jump in a postelection market, according to Jefferies. Indeed, after the 2016 and 2020 election, names with the cheapest valuations eventually performed well, while momentum plays lagged, Jefferies equity strategist Steven DeSanctis noted. "The cheapest names have lagged in November, since June 30th, and really since the start of the year. Here are a few of the names Jefferies turned up. Jefferies' $26 price target on the stock suggests nearly 7% potential upside for Carnival shares from its latest close.

Persons: Jefferies, Donald Trump's, Steven DeSanctis, DeSanctis, William Oplinger, Josh Weinstein Organizations: Nasdaq, Dow Jones, Jefferies, Alcoa, CNBC, . United Airlines, United Airlines

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