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☆ Investors slam the brakes on the hottest trade going in the market
▼ + stars: | 2024-10-08 | by ( Alex Harring | ) www.cnbc.com time to read: +4 min

But he did not announce any major new plans for ensuring economic health, leaving investors feeling underwhelmed. The iShares MSCI China ETF (MCHI) sank nearly 11%, on track for its worst day ever. The iShares China Large-Cap ETF, for example, soared 33% between Sept. 23 and Oct. 7. Morgan Stanley strategist Laura Wang on Tuesday revised price targets for the major Chinese stock market indexes, suggesting no room for further gains compared with current levels. "Today's press conference at least in the near term reinforces such belief, in our view, and the stock market could see more divergence at individual stock level."

Persons: Zheng Shanjie, Bilibili, Nio, Ray Dalio, FXI, Jeff deGraaf, David Tepper, Morgan Stanley, Laura Wang, Wang, Merrill Lynch, Helen Qiao, Xiangrong Yu, Yu Organizations: National, Reform Commission, CSI China Internet, Billionaire, Bridgewater Associates, Greenwich Economic, Appaloosa Management, U.S . Federal Reserve, Wynn Resorts, Sands, Macau — Locations: China, Greenwich, Greenwich , Connecticut, Beijing, Macau, Tuesday's, U.S

☆ Kamala Harris wants voters to know she owns a Glock. Talking about guns on the campaign trail is no accident, experts say.
▼ + stars: | 2024-10-08 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Kamala Harris just told voters what kind of gun she owns. AdvertisementVice President Kamala Harris wants voters to know she's a responsible Glock owner. Although she owns a gun, Harris has been a proponent of safer firearms usage and stricter gun ownership laws. AdvertisementBut gun talk could help move the needle for Harris, especially with undecided voters, Doidge said. Other experts said that leaning into being a gun owner may be a savvy move from Harris' campaign, especially for swing-state voters.

Persons: Kamala Harris, Harris, —, Bill Whitaker, I've, Whitaker, Glock, Oprah Winfrey, Joe Biden, Tim Walz, Trump, Kristin Doidge, Doidge, Georgia Kernell, Jonathan Aronson, Aronson, Guns, Elon Musk, Harris didn't Organizations: Service, Glock, CBS, Pew Research Center, White, NYPD, Loyola Marymount University, UCLA, USC, Trump, Republican National Committee, Business Locations: Austrian, United States, Minnesota, South Carolina, New York, California, Georgia, Trump

☆ Florida residents evacuate inward as Hurricane Milton nears
▼ + stars: | 2024-10-08 | by ( Paul P. Murphy | Michelle Krupa | ) edition.cnn.com time to read: +8 min

Anna Maria Island, Florida CNN —Carol Whitmore couldn’t pack her big SUV to leave this barrier island as Hurricane Milton aimed Tuesday for Florida’s west coast with already-historic fury. Hurricane Helene took it two weeks ago. Still, for a while in Helene, Whitmore was cut off. Storm damage from Hurricane Helene sits Tuesday in a True Value store on Anna Maria Island, Florida. A lot of people going through a lot worse.”Dune sand pushed inland by Hurricane Helene sits Tuesday on streets on Anna Maria Island in Manatee County, Florida.

Persons: Anna Maria, Florida CNN — Carol Whitmore couldn’t, Milton, Helene, Whitmore, Maddie, ”, “, ” Whitmore, Jane Castor, Holmes, Bill Tokajer, Jake Keglor, ” Keglor, Keglor, who’d, Angel –, Hurricane Helene, Paul Murphy, CNN “ We’ve, Greg Mullis, Gandy, “ We’ve, Dan Whelan, ‘, Marie Saveikis, “ I’m, it’s, Anna Maria Island, Skip, Annie Radick, Annie, ” Skip, Tokajer, –, “ We’re, Helene … “, You’ve, “ It’s, he’d, ” CNN’s Paul P, Murphy, Michelle Krupa, Leigh Waldman Organizations: Florida CNN, Social, CNN, College H.U.N.K.S, Holmes Beach, National Weather Service Locations: Anna Maria Island, Florida, Florida’s, Helene, Manatee County, Orlando, Mexico, Tampa, Seminole, St . Petersburg, Hurricane, Anna Maria Island , Florida, Pinellas County, Milton, Clearwater, Anna Maria Island , Montana, Anna, Manatee County , Florida, Atlanta

This has helped push mortgage rates back up near where they were this summer, when 30-year rates were above 6%. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data. Mortgage rates are determined by a variety of different factors, including larger economic trends, Federal Reserve policy, your state's current mortgage rates, the type of loan you're getting, and your personal financial profile. But now that inflation has decelerated and the Fed is expected to cut rates soon, mortgage rates have trended down. This means your entire monthly mortgage payment, including taxes and insurance, shouldn't exceed 28% of your pre-tax monthly income.

Persons: you'll, they've, Freddie Mac, it's, Fannie Mae Organizations: Federal Reserve, Zillow, ARM, Federal Housing Administration, Department of Veterans Affairs, Fed, Mortgage, Association Locations: Chevron

☆ China economy: Government gives $28 billion to local governments as it vows to meet economic targets
▼ + stars: | 2024-10-08 | by ( Juliana Liu | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —China has set aside 200 billion yuan ($28 billion) for investment projects by local governments this year, as it promised to meet its own ambitious economic growth targets. China announced a 5% target growth rate in March, but a series of economic data over the summer has been so weak that economists were worried the goal might be missed. To help local governments struggling with mountains of debt, Beijing will provide 100 billion yuan ($14 billion) from the central government’s budget and an extra 100 billion yuan for investment projects, Zheng said. Nevertheless, investors were disappointed at the lack of details on new fiscal measures,” Fred Neumann, chief Asia economist for HSBC, told CNN. Fiscal measures, on the other hand, can include the use of taxation or other measures to impact public spending more directly.

Persons: ” Zheng Shanjie, Zheng, Xi Jinping, Fred Neumann, What’s, Jia Kang, “, … Jia Kang, –, Xi, ” Organizations: Hong Kong CNN, National Development, Reform Commission, HSBC, CNN, “, Ministry of Finance, Citi, People’s Bank of China Locations: China, Hong Kong, Beijing, Asia, Shanghai, Shenzhen

☆ After over 50 cruises, I no longer book sailings to the Bahamas or the rest of the Caribbean. Here's what I choose instead.
▼ + stars: | 2024-10-08 | by ( Amanda Adler | ) www.businessinsider.com time to read: +5 min

I've loved the Caribbean but I'm more interested in other ports now that I've been on 50+ cruises. Although I still love these ports, they've lost their appeal to me now that I've been on more than 50 cruises. Sailing through the Norwegian fjords is one of my favorite cruise experiences to date — the breathtaking views surrounds the ship in all directions, offering endless photo opportunities. So, no matter the itinerary, I now tend to book lengthier sailings — ideally ones longer than a week. Amanda AdlerAlthough I've secured great pricing on international cruises, I'm often looking to sail closer to home in the US.

Persons: I've, —, — it's, they've, it's, Amanda Adler, we've Organizations: North, Service, Acadia Locations: Bahamas, Scandinavia, Caribbean, Europe, Iceland, Norway, Central Europe, New England, Boston, Canada, West Coast, Catalina, Hawaii

Florida Gov. Ron DeSantis is not taking calls from Vice President Kamala Harris about storm recovery just over a week after Hurricane Helene hammered parts of his state. A source familiar with the planning said that the Biden team had invited DeSantis to the event in north Florida. Florida Gov. Ron DeSantis has not spoken with Vice President Kamala Harris or President Joe Biden about the hurricane response.

Persons: Ron DeSantis, Kamala Harris, Helene, “ Kamala, “, DeSantis, Joe Biden, Biden, Deanne Criswell, Jared C, Tilton, Karine Jean, Pierre, Harris, Brian Kemp, Henry McMaster, Hurricane Helene, Donald Trump, ” Trump, Kemp Organizations: Florida Gov, Democratic, NBC News, Federal Emergency Management, Getty, White, Press, White House, Biden, Gov, Georgia Gov, South Carolina Gov, Florida National Guard Locations: Florida, Bend, Tampa, North Carolina, Hurricane Milton, Hurricane, Gulf Coast, Georgia

Hurricane Milton’s last 36 hours have been nothing short of astonishing, as it strengthened from a tropical storm to a Category 5 hurricane in just over a day. The storm’s blisteringly fast evolution is part of a trend of rapidly intensifying storms fueled by climate change. The term “rapid intensification” describes an increase in sustained wind speeds of at least 35 mph over a 24-hour period, according to the National Hurricane Center. Hurricane Milton has obliterated that minimum, undergoing “extreme rapid intensification”: Its maximum sustained wind speed increased by 90 mph in roughly 25 hours, according to the nonprofit research group Climate Central. “Warming oceans, due to human-caused climate change, are fueling stronger tropical cyclones,” Climate Central posted Monday on X.

Persons: National Hurricane Center . Hurricane Milton Organizations: Milton’s, National Hurricane Center . Hurricane, Climate, Central

And we got a lot of bad genes in our country right now. Two law enforcement officials also told NBC News that many of them crossed the border before Biden was president (including during Trump's tenure). In 2020 he praised a nearly all-white crowd at a rally in Minnesota for having “good genes,” pointing to a belief that has been touted by white supremacists called “racehorse theory.”“You have good genes. You have good genes. You have good genes in Minnesota,” Trump said at the 2020 rally.

Persons: Hugh Hewitt, Donald Trump, Kamala Harris, ”, they’re, ” Trump, Karoline Leavitt, —, Trump, Biden, Harris, deputized, Adolf Hitler, supremacists Organizations: Enforcement, NBC News, ICE, Central America Locations: United States, Central, Mexico, Minnesota

☆ Intra-Africa trade could double in next five years, says Secretary General of African Continental Free Trade Area
▼ + stars: | 2024-10-07 | by ( Nell Lewis | ) edition.cnn.com time to read: +8 min

CNN —Africa is home to the world’s largest free trade agreement, in terms of number of countries, territory, and population – the African Continental Free Trade Area (AfCFTA). According to the Economic Commision for Africa, African countries continue to trade with the rest of the world more than among themselves. Aliko Dangote has been talking about the fact that he needs 35 visas to travel across the African continent. WM: It’s a significant barrier and constraint to intra-Africa trade and intra-Africa investment. I think we can double intra-Africa trade in the next five years, provided we introduce the tools that are required.

Persons: CNN’s Eleni Giokos, Wamkele Mene, Eleni Giokos, Wamkele, it’s, Mene, Aliko Dangote, It’s, I’ve, it’ll Organizations: CNN, Continental Free Trade Area, Union, EG, Continental Free Trade, CNN EG, African Continental Free Trade Area, European Union, Africa can’t, Democratic Locations: Africa, Kigali, Rwanda, Angola, Zambia, Democratic Republic of Congo, Central Africa, Eastern Africa, Northern Africa, –

☆ A Gen Xer quit his corporate job in SF and moved to Colombia. He said Medellín is more affordable and he's been able to launch 2 startups.
▼ + stars: | 2024-10-07 | by ( John Towfighi | ) www.businessinsider.com time to read: +6 min

Jason Bennett, 46, moved from San Francisco to Medellín, Colombia in 2018. Bennett quit his job at Banana Republic to move abroad and launch two startups. AdvertisementJason Bennett had a successful career in San Francisco but didn't see a future for himself in the corporate world. In 2016, he visited Medellín, Colombia, and said he envisioned it as his future home. Courtesy of Jason BennettBuilding financial independence started at a young ageBennett was born and raised in San Francisco.

Persons: Jason Bennett, Bennett, Medellín, —, didn't, I've, San Francisco Bennett, Jason Bennett Bennett Organizations: Banana, Service, Banana Republic, True Star Consulting, Consulting, Voting, Central America, University of Oregon, San, Medellín Philharmonic Locations: San Francisco, Medellín, Colombia, Francisco, Lisbon, South, Caribbean, Banana, American

☆ Dollar on a roll after U.S. jobs data and Middle East flare-up
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: +3 min

Bank notes of the Chinese yuan, Japanese yen and the U.S. dollar. Japan's yen fell to its lowest in nearly two months and other major currencies too were grappling with losses early on Monday as the dollar extended a rally sparked by Friday's strong U.S. jobs data and an escalation in the Middle East conflict. But that came on top of a more than 4% decline last week, its biggest weekly percentage decline since early 2009. Yields dipped early last week when investors bought safe-haven Treasuries after Iran launched more than 180 missiles against Israel in escalating geopolitical tensions. Market expectations have swung to the extreme for the Federal Reserve to do just a 25 bps cut in November, rather than 50 bps, following the jobs data.

Persons: Friday's, Chris Weston, haven't, Brent, underperformance, Shigeru Ishiba, Sterling, Huw Pill, Andrew Bailey, BoE Organizations: U.S ., Federal, U.S, Treasuries, Federal Reserve, Bank of England Locations: China, East, Israel, Lebanon, Gaza, Iran, Japan

☆ Rolls-Royce opens VIP showroom in NYC to cater to its top-tier clients. Take a look inside
▼ + stars: | 2024-10-07 | by ( Robert Frank | ) www.cnbc.com time to read: +4 min

watch nowRolls-Royce has opened its first U.S. "Private Office," a secret VIP design studio for ultra-wealthy clients who want highly personalized cars. While Rolls-Royce customers have been customizing their rides for decades, the Private Office brings the concept of a personalized Rolls to a whole new level. Courtesy: Rolls-RoyceThe New York Private Office is the company's third worldwide, following Dubai, United Arab Emirates, which opened in 2022, and Shanghai in 2023. Since Koa wood is protected in Hawaii, only dead or naturally fallen Koa trees can be harvested. Interior of the custom Rolls-Royce Koa Phantom.

Persons: Royce, Chris Brownridge, Brownridge Organizations: Royce, Ferrari, BMW, Office, CNBC, Private Office, Royce The New York Private, United Arab Emirates Locations: Meatpacking, British, Dubai, United Arab, Shanghai, Seoul, Korea, Goodwood, U.K, Hawaii

View at Amazon What we like Check mark icon A check mark. Multi-day battery lifeCheck mark icon A check mark. Durable, rugged designCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.

Persons: Apple, Max Organizations: Business, Prime, Deal, Apple, Amazon, Apple Watch

See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 30-Year Mortgage Rates TodayAverage 30-year mortgage rates are hovering near 6% today, according to Zillow data. 15-Year Mortgage Rates TodayAverage 15-year mortgage rates remain in the low 5% range, according to Zillow data. Average Refinance Mortgage Rates TodayRefinance rates have inched up after dropping in September. 5-Year Mortgage Rate TrendsHere's how 30-year and 15-year mortgage rates have trended over the last five years, according to Freddie Mac data.

Persons: they're, they've, you'll, Freddie Mac, it's, They'll Organizations: of Labor Statistics, Federal, Zillow, Fed Locations: U.S, Chevron

☆ S&P 500 futures are little changed after stocks pull back to start new week: Live updates
▼ + stars: | 2024-10-07 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Stock futures were little changed on Monday night, following a losing day on Wall Street as rising oil prices and bond yields weighed on markets. S&P 500 futures and Nasdaq 100 futures each also traded near flat. The Dow finished nearly 400 points lower, while the S&P 500 slid close to 1%. Bond yields and prices move inversely to each other. But energy names climbed alongside the commodity, making it the only sector of the 11 that comprise the S&P 500 to finish Monday in the green.

Persons: Bond, Larry Tentarelli, you've, They'll, Susan Collins, Raphael Bostic Organizations: New York Stock Exchange, Stock, Dow Jones Industrial, Nasdaq, Dow, Treasury, West Texas, Boston Federal, Atlanta Fed Locations: New York City, East, Iran, Israel

☆ The Fed is done cutting rates this year as the 'phantom recession' is finally dead, market vet says
▼ + stars: | 2024-10-07 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

The Fed is done cutting interest rates for the rest of the year, according to Ed Yardeni. Fears of a recession have been almost completely eliminated, the market vet said in a note. The no-show Fed-triggered recession will remain a no-show, especially now that the Fed has started to lower the FFR even though it isn't warranted by the performance of the economy," Yardeni wrote. I think it broadens out from the Magnificent Seven to the S&P 493," Yardeni added, speaking to Bloomberg on Monday. "We're going to have another quarter where I think earnings will go to a record-high in the third quarter."

Persons: Ed Yardeni, Yardeni, —, landers, they're Organizations: Service, Reserve, Yardeni, Bureau of Labor Statistics, Services, Institution of Supply Management, Atlanta Fed, Fed, Bloomberg, Investor

☆ 4 reasons why China's blistering stock rally has another 20% to run, Goldman says
▼ + stars: | 2024-10-07 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

China's stock rally could extend another 15% to 20%, Goldman Sachs says. Goldman highlighted out still-low valuations and diminishing risk as tailwinds for a continued rally. AdvertisementThe blowout surge in China's stock market still has ways to go, with another 15% to 20% upside ahead, Goldman Sachs predicts. Third, earnings growth could pick up if the economy responds well to China's latest support measures. Goldman is optimistic in this outcome, estimating that the central bank's policy easing could uplift China's GDP by 40 basis points.

Persons: Goldman Sachs, Goldman, —, It's Organizations: Beijing, Service Locations: China, Beijing

☆ 10-year Treasury yield slightly higher following bumper jobs report
▼ + stars: | 2024-10-07 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +1 min

U.S. Treasury yields were slightly higher early Monday as investors assessed future moves from the Federal Reserve following Friday's bumper jobs report. The 10-year Treasury yield was up by under a basis point at 3.984%, while the yield on the 2-year Treasury was over 3 basis points higher at 3.968%. One basis point equals 0.01%. Treasury yields jumped on Friday as investors digested a better-than-expected September jobs report. The CME Group's FedWatch tool indicates that traders are now pricing in an 91% chance of a quarter percentage point rate cut at the central bank's next meeting in November.

Persons: Nonfarm payrolls, Dow Jones, Neel Kashkari, Raphael Bostic, Michelle Bowman, Alberto Musalem Organizations: Treasury, Federal, Investors Locations: Israel

☆ Thai headline inflation quickens in September, still below central bank target
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: +1 min

The headline consumer price index rose 0.61% in September from a year earlier, after August's annual increase of 0.35%, and missed a forecast rise of 0.80% in a Reuters poll. Thailand's annual headline inflation quickened in September due mainly to higher prices of diesel and some vegetables, the commerce ministry said on Monday, and was still below the central bank's target range of 1% to 3%. The headline inflation rate is expected to be 1.25% in October and about 1.49% in the final quarter of 2024, Poonpong Naiyanapakorn, director of the trade policy and strategy office, told a press conference. In the January to September period, average annual headline inflation was 0.20%. The commerce ministry on Monday revised its forecast for the full year to between 0.2% to 0.8%, from between zero and 1% seen earlier.

Persons: Poonpong Naiyanapakorn Organizations: CPI

☆ Brace for stock-market volatility this week if inflation comes in hot after the September jobs report, BofA says
▼ + stars: | 2024-10-07 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

A blockbuster jobs report raises the stakes for upcoming inflation data, BofA analysts say. AdvertisementThe September jobs report was good news, but it gives investors more reason to brace for the next inflation reading, Bank of America analysts say. Economists forecast the CPI report will show inflation continued to cool last month, rising 2.3% year-over-year compared to 2.5% in August. AdvertisementHowever, with the blockbuster September jobs report, some economists say inflation is still a concern. The September jobs report blew past forecasts, with 254,000 nonfarm payrolls added compared to expectations of 150,000.

Persons: —, Brian Rose Organizations: Service, Bank of America, CPI, Fed, UBS

☆ A year on from October 7, the Middle East is facing its greatest upheaval in a half-century
▼ + stars: | 2024-10-07 | by ( Nic Robertson | ) edition.cnn.com time to read: +8 min

Propelled by US incentives, Saudi Arabia and Israel seemed closer than ever to a historic normalization of relations. It was October 10, and Major General Itai Veruv of the Israel Defense Forces (IDF) was leading the first international press access to see the devastation of Hamas’ attacks. Israel's Prime Minister Benjamin Netanyahu is unwilling to be a partner in a deal that would resow Middle East relations. Nearly 42,000 Palestinians in Gaza have been killed, many by US bombs and bullets in Israel’s hands, authorities in Gaza say. Tehran’s Shia proxies in Iraq have also answered its calls and begun escalating drone attacks on Israel.

Persons: Butchery, Yahya Sinwar, Itai Veruv, General Eisenhower, Benjamin Netanyahu, Jack Guez, haven’t, Israel’s, Netanyahu, Joe Biden’s, Hassan Nasrallah, Israel –, Biden, Mohammed Bin Salman, Anwar Gargash, cleaver Organizations: CNN, Hamas, Aza, Israel Defense Forces, Israel's, Getty, West Bank, Saudi, Saudi’s Crown, MBS Locations: Israel, Saudi Arabia, Gaza, AFP, Lebanon, Iran, United States, Tehran, Tel Aviv, Iraq, Saudi, Palestinian, UAE

☆ Hurricane Milton is a Category 5. Florida orders evacuations and scrambles to clear Helene's debris
▼ + stars: | 2024-10-07 | by ( ) www.cnbc.com time to read: +2 min

A hurricane warning was issued for parts of Mexico's Yucatan state, and much of Florida's west coast was under hurricane and storm surge watches. It had maximum sustained winds of 160 mph (257 kph), the National Hurricane Center said. Its center could come ashore Wednesday in the Tampa Bay area, and it could remain a hurricane as it moves across central Florida toward the Atlantic Ocean. That would largely spare other states ravaged by Helene, which killed at least 230 people on its path from Florida to the Appalachian Mountains. The Tampa Bay area is still rebounding from Helene and its powerful surge.

Persons: Milton, Hurricane Helene, Jane Castor, Nature, Helene Organizations: Tampa, National Hurricane Center Locations: Gulf of Mexico, Florida, Tampa Bay, Hurricane, Mexico's Yucatan, Florida's, Okeechobee, Progreso, Mexico, Tampa, St, Petersburg, Clearwater

Jabaliya Gaza City Gaza Strip Israel Mediterranean Sea Khan Younis Egypt Jabaliya Gaza City Gaza Strip Israel Mediterranean Sea Khan Younis Egypt Jabaliya Gaza City Gaza Strip Mediterranean Sea Israel Khan Younis EgyptGaza in Ruins After a Year of War Much of Gaza has been destroyed by Israel’s relentless military campaign. Sea Gaza Strip Israel Egypt Gaza City 74% of buildings have been likely damaged or destroyed. Gaza City, the strip’s capital, is home to the ancient Old City, as well as Al-Rimal, a once-vibrant, upper-middle-class neighborhood. Omar Al-Mukhtar Street, Gaza City Before Fouad Abu JasserThe park was a gathering place for rallies and protests. Omar Al-Mukhtar Street, Gaza City After AFPNot far away, the Rashaad Shawa center, which housed the oldest library in the Gaza Strip, has been severely damaged.

Persons: Khan, Khan Younis, Israel Egypt Khan Younis, Abu Kayan, Mamdouh Aljbour, ”, Ahmed Abu, Bilal Shbair, Belal Barbakh, Barbakh, Hamada, Sisters Asan, Elan, Abdulraouf Barbakh, “, Barbakh’s, Jamal Subuh’s, Subuh, Jamal, Jamal Subuh, nourishing Gazans, Dina, Reuters Ahmed Abu Sultan, Mr, Abu Sultan, —, Omari, Omar Al, Mukhtar, Riyad Al, Masri, Al, Rimal, Gazans, Fouad Abu Jasser, Shawerma Al, Sheikh Omar Al, wasn’t, Ahmed Emqat, Ihsan Abdo, Husam Skeek, Jabaliya, Nahed Al, Fatima Hussein, Ahmed Jawda, Assali, Jawda Organizations: Hamas, Cream, Citadel, Sisters, Facebook, Agricultural Organization, Byzantine, Reuters, Reuters Al, AFP, Palestine, Med, Israel Egypt Jabaliya, AFP Al, Times, Bank, Gazans Locations: Israel, Gaza, Egypt, Khan Younis Egypt Gaza, New York City, Gaza City, Med, Israel Egypt, Khan, Facebook, Farra, Jamal, Israel Egypt Gaza, Old City, Gaza . Old City, Omari, Al, Aqsa, Jerusalem, Riyad, Palestine, Gazans, Jabaliya, Jabaliya’s Al

☆ Jim Cramer says Abbott Labs picked up a 'very big win' — here's where the stock is going
▼ + stars: | 2024-10-07 | by ( Jeff Marks | ) 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. Oil prices also continued their climb higher on escalating tensions in the Middle East — though Jim Cramer cautioned investors against chasing the concurrent rally in energy stocks at this point. 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, downgrades, We'll, Morgan Stanley, Wells Fargo, Jim, Abbott, Louis, Stocks, Jim Cramer's Organizations: CNBC, Apple, DuPont, Constellation Brands, Federal, U.S, Bank, Abbott Laboratories, FDA, CDC, NIH, Abbott Labs, Pfizer, American Express, KB, Netflix, Air Products, Chemicals, Jim Cramer's Charitable Locations: U.S, St

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