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☆ These types of ETFs could prove winners in the second half
▼ + stars: | 2024-07-08 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

The best-performing exchange-traded funds in the second half will likely be decided by broader shifts in the markets and economy. Even with mounting uncertainty, however, there are some types of ETFs that could emerge as winners. Equities A handful of stocks were big winners in the first half, and some narrowly focused ETFs were able to ride that wave. Single-stock funds tied to Nvidia have also seen heavy interest, including the GraniteShares 2x Long Nvidia ETF (NVDL) . However, Hougan said he didn't think that omission would be a big hurdle for ETF investors.

Persons: Michael Arone, Arone, Jay Jacobs, Jacobs, Todd Sohn, bullish, we're, Sohn, Matt Hougan, Hougan Organizations: Federal Reserve, U.S, SPDR, State Street Global Advisors, Nvidia, Microsoft, NYSE Technology, iShares, Digital Infrastructure, Real, U.S . Tech, Blackstone Senior Loan, Loan Fund, New, Bitwise Asset Management, ETH Locations: U.S

☆ Trump's increasing election odds after debate already affecting financial markets
▼ + stars: | 2024-07-08 | by ( Jeff Cox | ) www.cnbc.com time to read: +5 min

Financial markets are slowly starting to absorb the possibility that what was once a toss-up presidential election campaign has taken a notable turn. That has put investors in a quandary of how to handicap what a Trump presidency would look like from an economic and market standpoint. .SPX mountain 2024-06-28 S & P 500 performance since the debate However, the bond market has had a bit more of a reaction. The first Trump presidency and some of his campaign rhetoric nevertheless has led to guesswork about what could be ahead. "This particularly favors financials and there will be an expectation of more M & A approval in a Trump presidency.

Persons: Joe Biden, Donald Trump, specter, Biden, Trump, Mark Malek, Siebert AdvisorNXT, Handicapping, Michael Hartnett, Hartnett, Ed Mills, Raymond James, Kamala Harris, Harris, Chris Krueger, TD Cowen, Krueger, ABC's George Stephanopoulos, —, Sarah Min Organizations: Republican, Trump, Treasury, Bank of, White, Reading, New York Times, Biden, Democrat Locations: Washington

☆ Stock market today: US stocks rise to records ahead of key June inflation report
▼ + stars: | 2024-07-08 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks jumped to record highs ahead of key economic data releases this week. AdvertisementUS stocks jumped to record highs on Monday ahead of key economic data scheduled for this week. Investors will be keenly focused on the June consumer price index report on Thursday, with Core CPI expected to rise 3.1% year-over-year, compared to May's CPI report of 3.3%. More inflation data will be released on Friday with the release of the June PPI report, which is expected to rise 0.1% on a month-over-month basis. The new inflation data will help inform investors and the Federal Reserve about the path of interest rates for the rest of this year.

Persons: Powell, —, Jerome Powell, Wells, Katie Stockton, Stockton Organizations: PPI, Service, Federal Reserve, Fed, Fed Governors, JPMorgan, Citigroup, Here's Locations: Wells Fargo

☆ Political party differences will impact vast swathes of the stock market, says Jim Cramer
▼ + stars: | 2024-07-08 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPolitical party differences will impact vast swathes of the stock market, says Jim Cramer'Mad Money' host Jim Cramer looks at the impact of politics on the markets.

Persons: Jim Cramer

The next round of filings for spot ether ETFs with the SEC is due today, part of the ongoing regulatory process required before spot ether ETFs can be launched. One thing's for sure: the launch of spot bitcoin ETFs this year has been a success. That's still true for this year, but two of the top 10 ETF inflows year to date have been into spot bitcoin ETFs: iShares Bitcoin Trust (IBIT) at number four, and Fidelity Wise Origin Bitcoin Trust (FBTC) at number eight. Would 50% of the inflows of the spot bitcoin ETF be a win? We'll talk about this with Matt Hougan from Bitwise Asset Management, one of the applicants for a spot ether ETF.

Persons: That's, iShares, Matt Hougan, Matt, Nate Geraci Organizations: SEC, Nasdaq, Fidelity, Bitcoin, Stock, Aggregate, Blackrock US, Bitwise Asset Management, Edge

☆ French stocks ETF looks poised to resume uptrend following election, according to the charts
▼ + stars: | 2024-07-08 | by ( Katie Stockton | ) www.cnbc.com time to read: +3 min

Despite the pullback, a primary uptrend remains in place for the CAC 40, in addition to the related iShares MSCI France ETF (EWQ) . Both proxies for French stocks appear to be finding their footing, which suggests that the market is welcoming the latest news regarding the election. Once the final outcome is determined, it would be natural for investors to respond favorably to the removal of uncertainty, particularly given the oversold status of French stocks. This suggests a counter-trend phase of outperformance is possible for French stocks versus U.S. stocks. Recent stabilization in many French stocks shows a positive reaction to widespread intermediate-term oversold conditions, which we gauge using the weekly stochastic oscillator.

Persons: LVMH Moet Hennessy Louis Vuitton, Katie Stockton Organizations: CAC, CNBC, NBC UNIVERSAL Locations: France, EWQ

☆ Stocks are likely to see a 10% correction as earnings weaken and election uncertainty swirls, Morgan Stanley CIO says
▼ + stars: | 2024-07-08 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

Stocks are likely to drop around 10% between now and the November election, Morgan Stanley predicted. That's because corporate earnings look weak and need several catalysts to improve, the bank's Mike Wilson said. Other forecasters have sounded the alarm for a soon-to-come correction as stocks look overvalued. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementStocks are poised to see a double-digit drop, according to Morgan Stanley's Mike Wilson.

Persons: Stocks, Morgan Stanley, Mike Wilson, —, Morgan Stanley's Mike Wilson, That's, Wilson Organizations: Service, Bloomberg, Business

☆ These are the best ways to play GenAI as it disrupts new industries, according to RBC
▼ + stars: | 2024-07-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Semiconductor stocks and technology behemoths get all the acclaim when it comes to artificial intelligence, but RBC Capital Markets is offering up some alternate ways to play the theme. Other technology giants have followed suit, with Amazon closing above a $2 trillion market value for the first time ever last month. Against this backdrop, RBC Capital Markets highlighted some of its favorite ways to play the theme beyond the classic winners, viewing AI as the "next disruptive mega-trend." While the social media giant has already gotten a boost from the trend, RBC Capital Markets expects shares to benefit from a world where digital advertisers market toward AI and virtual assistants. RBC Capital Markets also highlighted a handful of software stocks that could win big as AI proliferates, viewing the tool as a "revenue enhancer and profitability expander" that may take three to five years to materialize.

Persons: behemoths, GenAI, CrowdStrike, Eaton, Thomson Organizations: RBC Capital Markets, Nvidia, RBC Capital, Adobe, Accenture, Thomson Reuters Locations: Shopify

☆ Warren Buffett on his unwavering faith in the country — 'Never bet against America.'
▼ + stars: | 2024-07-07 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

For Warren Buffett, his being born in America is the biggest contributing factor to his unmatched success. He believes the same promise that the nation has brought in the past also rings true today and will benefit generations of investors to come. The reverse is not true," Buffett said in his 2022 annual letter. Buffett has said that's a fact that should scream to ordinary investors: "Never bet against America." "There has been no incubator for unleashing human potential like America," Buffett said.

Persons: Warren Buffett, Buffett, shirtmaker Berkshire Hathaway, LBJ, Benjamin Graham Organizations: United, Berkshire, Dow, America, Cuban Missile, shirtmaker Berkshire, BNSF Railway, Burlington Northern, Columbia University Locations: America, United States, Omaha, shirtmaker, Burlington Northern Santa Fe, Apple . Berkshire, Berkshire

☆ Soaring U.S. stocks make China’s market look worse than it is. Names to watch
▼ + stars: | 2024-07-07 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Mainland China investors these days are often focused on how well U.S. stocks are doing — and bemoaning tepid performance at home. But a look at first-half performance shows that many China stocks still rose by double-digits, including a few artificial intelligence plays. Zhongji Innolight Ranking third in CSI 300 performance in the first half was Zhongji Innolight, which climbed 70%. Nomura rates Zhongji Innolight a buy and its analysts met with the optical communication company in late June. The broad mainland China stock market, measured in Class A shares, has underperformed over the past two years, said Wanda Wang, a research manager at Morningstar.

Persons: BofA, Nomura, Wanda Wang, That's, Invesco's, — CNBC's Michael Bloom Organizations: Nvidia, CSI, Apple, Foxconn, Bank of America Securities, Industrial, FII, Avary Holding, Avary, Chartered Bank, HSBC, JPMorgan, Nomura, Nasdaq, U.S, Morningstar, Capital, Shenzhen Stock Exchange Locations: China, Shanghai, Shenzhen, Avary Holding Shenzhen, Hong Kong

☆ What a hung parliament in France could mean for markets
▼ + stars: | 2024-07-07 | by ( Matt Clinch | ) www.cnbc.com time to read: +4 min

Emmanuel Dunand | Afp | Getty ImagesInitial indications on Sunday evening for the French parliamentary run-off vote threw up some big surprises, leaving political commentators contemplating a "hung parliament" scenario that could prove challenging for both policymaking and financial markets. With none of the groups expected to hit the 289 seats needed for an absolute majority, gridlock could ensue over the coming weeks. The euro slipped about 0.3% against the U.S. dollar in thin trading on Sunday evening after the exit polls were released. "Regardless, uncertainty about the outlook for French policymaking is likely to be long-lasting," the analysts said. France is facing a challenging fiscal position, and the European Commission announced two weeks ago that it intended to place France under an Excessive Deficit Procedure due to its failure to keep its budget deficit within 3 percent of gross domestic product.

Persons: Emmanuel Dunand, France's, Emmanuel Macron's, policymaking, Jack Allen, Reynolds, Macron, David Roche Organizations: la Republique, Afp, Getty, Popular Front, Rassemblement National, U.S, Citi, Daiwa, European Commission, Capital Economics, Independent, National Rally Locations: France, la, Paris, Italy, Germany

☆ Stop worrying and learn to love the triumph of Big Tech over everything
▼ + stars: | 2024-07-07 | by ( Jim Cramer | ) www.cnbc.com time to read: +9 min

We don't say they have a secular wind at their backs. We don't say: Apple's business is much better than we thought. They keep coming back to one main point: You can't have these companies dominate without something bad happening to the stock market. Let me present a different, factual manifesto: The companies with these amazing gains are companies that just don't stop inventing. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Persons: Eli Lilly, Joe Biden, Biden, Lilly, —, Tesla, Elon Musk, Jim Cramer's, Jim Cramer, Jim Organizations: Amazon, Microsoft, Apple, Nvidia, Nasdaq, pharma, Novo Nordisk, National Football League, YouTube, Web Services, Costco, Walmart, Jim Cramer's Charitable, CNBC, Facebook, Google Locations: Lilly

☆ The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says
▼ + stars: | 2024-07-07 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The S&P 500 will plunge 32% in 2025 as a recession finally hits the US economy, BCA Research predicts. The firm said the Fed will fail to prevent a recession as it takes its time cutting interest rates. And perhaps most importantly, the Fed's plan to blunt any economic decline via interest rate cuts simply won't work. For example, the average mortgage rate paid by consumers is around 4%, compared to current mortgage rates of around 7%. That means even if the Fed cuts interest rates and mortgage rates decline, the average mortgage rate paid by consumers will continue to rise.

Persons: —, Peter Berezin, Berezin Organizations: BCA Research, Service, Federal, Wall

☆ Here are 3 major reports that could drive the stock market in the week ahead
▼ + stars: | 2024-07-06 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Three of the four big money center banks report this coming Friday, including Club name Wells Fargo . Economic data : The June consumer price index (CPI) is out on Thursday morning, and the June producer price index (PPI) is out on Friday morning. Earnings season : Within the portfolio, net interest income (NII) guidance is going to be a key watch item when Wells Fargo reports its quarter this coming Friday. However, other factors like muted loan demand have prevented Wells Fargo from raising its outlook this year. Wells Fargo – and our other bank name Morgan Stanely – both passed, indicating they have strong capital positions with excess money to return to shareholders.

Persons: May's, You'll, Wells, Michael Santomassimo, Morgan Stanley, We're, Wells Fargo, Morgan Stanely –, JPMorgan Chase, Jim Cramer's, Jim Cramer, Jim, Beata Zawrzel Organizations: Dow Jones Industrial, Nasdaq, Apple, Broadcom, Club, Meta, Energy, Constellation Brands, Corona, Modelo, Federal Reserve, Manufacturing, PMI, Fed, Wells, PPI, CPI, PepsiCo, Delta Air Lines, DAL, Conagra Brands, JPMorgan, Citigroup, Jim Cramer's Charitable, CNBC, U.S, New York Stock Exchange, Nurphoto, Getty Locations: Wells Fargo, FactSet, Wells, Wells Fargo –, New York, United States, America

☆ Stock market today: US stocks close at record highs after dovish June jobs report
▼ + stars: | 2024-07-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +3 min

The June jobs report showed 206,000 jobs added to the economy, slightly above estimates. "To us, the message is the labor market is slowing," Fundstrat's Tom Lee said of the June jobs report. AdvertisementUS stocks closed at fresh record highs on Friday after a dovish June jobs report. Both indexes finished the week at record highs, while the Dow Jones Industrial Average has yet to hit its record high reached in May. AdvertisementThe April jobs report was also revised lower to 108,000 jobs added that month, down from the initial reading of 165,000.

Persons: Tom Lee, —, Steven Blitz, Lombard, JPMorgan's David Kelly Organizations: Service, Nasdaq, Dow Jones, Federal Reserve, Fed, GlobalData

☆ Wall Street banks name 10 UK stocks to benefit from Labour landslide win
▼ + stars: | 2024-07-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The U.K.'s center-left Labour Party has won a substantial parliamentary majority in the country's general election, unseating the incumbent Conservatives after 14 years. Manthey and her team picked the FTSE 250 index , which can be traded through exchange-traded funds such as iShares FTSE 250 UCITS ETF or Vanguard FTSE 250 UCITS , over the large-cap index FTSE 100 , as their "preferred post-election trade." The strategists, however, cautioned that historical data pointed toward lackluster returns immediately after the election results. More broadly, the investment bank's economist Anna Titareva said U.K. markets remain "heavily discounted" since after Brexit. After the election results were confirmed, they reiterated their stock preferences: Taylor Wimpey and Persimmon .

Persons: Beata Manthey, Manthey, Anna Titareva, Titareva, Anthony Codling, Taylor Wimpey, Gleeson, Bellway, Investec Organizations: Labour Party, Labour, Vanguard, UBS, Companies, FTSE, FTMC, RBC Capital Markets, Jefferies, Genuit Locations: Swiss

☆ House building sector to see most positive impact from Labour government, researcher says
▼ + stars: | 2024-07-05 | 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 EmailHouse building sector to see most positive impact from Labour government, researcher saysMark Fielding, head of European capital goods research at RBC Capital Markets, weighs in on the impact that the newly elected Labour government could have on stock markets.

Persons: Mark Fielding Organizations: Labour, RBC Capital Markets

☆ Stocks, property, bonds, the pound: Here’s what a new Labour government means for investing in the UK
▼ + stars: | 2024-07-05 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +7 min

The Labour party's pledge, for example, to increase taxes on the compensation that private equity fund managers received raised a few eyebrows, and led to questions on what this could mean more broadly. In a note Friday, analysts at Jefferies said, despite concerns raised by a strong showing for the right-wing Reform UK Party, the Labour Party's U.K. election win would help make the U.K. appear "relatively stable." "A widely predicted Labour win in the UK could usher in an era of greater stability for the UK … which should help bolster investor sentiment towards the UK," she said. "U.K. bank stocks in the end are one of the biggest proxies for U.K. economic growth," he said. If results are as expected, attention will shift away from the U.K. election quickly, Shreyas Gopal, strategist, and Sanjay Raja, senior economist at Deutsche Bank, said in a note published Wednesday.

Persons: Vuk Valcic, hasn't, Jefferies, James McManus, Susannah Streeter, Hargreaves Lansdown, McManus, Liz Truss, Streeter, Richard Donnell, Nutmeg's McManus, CNBC's Silvia Amaro Friday, Mark Fielding, Fielding, Shreyas Gopal, Sanjay Raja, BoE, Francesco Pesole, Pesole Organizations: City of, Labour Party, Conservatives, U.S ., Labour, CNBC, Stock, Reform UK Party, Hargreaves, Deutsche Bank, ING, Bank of England, ECB Locations: Bishopsgate, City, City of London, London, France

☆ Investors look to upcoming earnings to keep stock rally going
▼ + stars: | 2024-07-05 | by ( Krystal Hur | ) edition.cnn.com time to read: +6 min

New York CNN —With interest rate cuts on the backburner, Wall Street is looking to corporate earnings to continue powering the 2024 stock market rally. Analysts polled by FactSet expect second-quarter earnings of S&P 500 companies to grow about 8.7% on average from the prior year. Strong corporate earnings have helped the S&P 500 gain a whopping 16% and notch repeated record high closes this year. Since the Fed isn’t likely to cut rates anytime soon, the onus is on strong corporate earnings to continue driving the market rally. Earnings season kicks off July 12 when big banks including JPMorgan Chase, Wells Fargo and Citigroup report results.

Persons: FactSet, Jerome Powell, ”, Jeffrey Buchbinder, Wells, Dow, Lisa Shalett, Jessie Yeung, Hanako Montgomery, Junko Ogura, “, Tadashi Matsubara, ” Read, Laura He, Pan Gongsheng, Read Organizations: CNN Business, Bell, New York CNN, Federal, LPL, JPMorgan Chase, Citigroup, Nvidia, Microsoft, Meta, Dow Jones, Morgan Stanley Wealth Management, Kanpou, “, Beijing Money, Silicon Valley Bank, People’s Bank of China, prudential Locations: New York, Sintra , Portugal, Wells Fargo, Banks, Japan, Nepal, China, Beijing, Silicon, United States, Shanghai

☆ Stock market today: Indexes test record highs as dovish jobs report sends bond yields lower
▼ + stars: | 2024-07-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks tested record highs on Friday after the June jobs report sent bond yields tumbling. The US economy added 206,000 jobs in June, but the unemployment rate ticked higher to 4.1%. The higher unemployment rate raised hopes for imminent interest rate cuts from the Federal Reserve. AdvertisementUS stocks tested record highs on Friday after the June jobs report sent bond yields lower. The April jobs report was also revised lower to 108,000 jobs added that month, down from the initial reading of 165,000.

Persons: —, Quincy Krosby, Krosby, Brent, Bitcoin Organizations: Federal Reserve, Service, Federal, Treasury, Manufacturing, PMI Locations: Texas

☆ Top 5 things to watch in the stock market Friday, including big jobs report
▼ + stars: | 2024-07-05 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

The June employment report on Friday morning came in slightly better than expected with the economy adding 206,000 nonfarm jobs versus 200,000 expected. 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. Top things to watch Friday, July 5Stocks were mixed slightly Friday following another record S&P 500 th holiday. The June employment report on Friday morning came in slightly better than expected with the economy adding 206,000 nonfarm jobs versus 200,000 expected.

Persons: Eli Lilly, Jefferies, Jim Cramer's, Jim Cramer, Jim, Constellation Brands Novo Nordisk Eli Lilly Samsung Organizations: Treasury, Constellation Brands, JPMorgan, Novo Nordisk, Samsung Electronics, Jim Cramer's Charitable, CNBC, Constellation Brands Novo Nordisk, Constellation Brands Novo Nordisk Eli Lilly Samsung Electronics

☆ The stage is set for 2 rate cuts this year, but investors need to be careful adding more exposure to the stock market, JPMorgan strategy chief says
▼ + stars: | 2024-07-05 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Recent data sets the Fed up to cut interest rates twice this year, JPMorgan's David Kelly said. The bank's chief global strategist predicted Fed rate cuts were coming in September and December. Yet, he warned that stocks are expensive, and investors should be wary of adding exposure at high valuations. The chief global strategist predicted central bankers would begin dialing back interest rates at the September policy meeting, with another cut likely in December. But rate cuts shouldn't be the signal for investors to flock to the stock market, Kelly said.

Persons: JPMorgan's David Kelly, —, David Kelly, That's, Kelly, We've, John Hussman Organizations: Service, Asset, CNBC

☆ Live Updates: U.S. Jobs Report Expected to Show Slower Pace of Hiring
▼ + stars: | 2024-07-05 | by ( Talmon Joseph Smith | ) www.nytimes.com time to read: +2 min

PinnedThe monthly employment report on Friday is projected to show that employers added 190,000 jobs in June, according to a Bloomberg survey of economists. That would be a downshift from the 272,000 jobs added in May. The economy remains solid overall, with unemployment still low, the stock market hovering at new highs and wage growth outpacing inflation. But many economists say the labor market is in a sensitive place. Interest rates, which the Federal Reserve has driven significantly higher since 2022, have remained elevated longer than many businesses had hoped.

Persons: —, Jerome H, Powell, Nancy Vanden Houten Organizations: Bloomberg, Federal Reserve, Bank of America, Fed, Oxford Locations: U.S

☆ Japan's stock markets keep testing new highs. Is the rally sustainable?
▼ + stars: | 2024-07-05 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +3 min

This week, the Nikkei and the broad-based Topix surpassed previous records to hit fresh all-time closing highs on Thursday. Earnings are the single driver to the current market rally, Jesper Koll, expert director at Tokyo-based financial services company Monex Group, told CNBC. watch nowJapan's largest union, commonly referred to as Rengo, announced that Japanese companies have delivered the largest wage hikes in 33 this year. Koll told CNBC this week: "I stand by my forecast — the Nikkei 225 is poised to climb to 55,000 before the end of next year." A note by Nomura, published Thursday, said the gains on the Nikkei and Topix do not look appear sustainable.

Persons: Richard A, Brooks, Jesper Koll, Koll, —, Rengo, Nomura Organizations: Tokyo Stock Exchange, Afp, Getty, Nikkei, Monex, CNBC, Japan's Locations: Nihonbashi, Tokyo, Japan

My dad taught me to live within my means and never to carry credit card debt. Below, you'll find a few things my father taught me about money ... and one thing I wish he had. Pay off credit cards at the end of the monthWhile Dad made his opinions clear on debt, he was okay with credit cards. Dad taught me to be generous but wise in my giving. What my dad missedMy dad did a lot of things right in teaching me about finances.

Persons: —, Dad, Dave Ramsey, I've, Warren Buffet's, He's, doesn't Organizations: Service, World, IBM, Apple, Microsoft Locations: St, Ignace , Michigan

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