Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 23, 2025. Brendan McDermid | Reuters Have we gone back in time? It certainly seems on the markets front. Just look at the S&P 500 and you will think that it’s back in February — before U.S. President Donald Trump’s “reciprocal” tariffs, before the White House’s “One Big Beautiful Bill Act,” and before the war between Israel and Iran. On February 19, the broad-based index closed at an all-time high of 6,144.15. Yesterday, it ended the trading session at 6,092.16. That’s a…
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The S&P 500 ended Wednesday near the flatline, but the broad market index remains in striking distance of its record. Here’s what CNBC is watching Thursday. Source link
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailFast MoneyOrphe Divounguy, Zillow, joins ‘Fast Money’ to talk the latest housing data showing new home sales falling almost 14% in May.04:543 hours ago Source link
CNBC’s Jim Cramer on Wednesday picked out five sectors that he thinks are performing well in the current economic environment, and he gave five he thinks are lagging behind.”Things can always change, but for the moment, I expect the winners to keep winning and the losers to keep losing,” Cramer said.Here are Cramer’s five winners:Cybersecurity: Cyber threats have never been more dangerous, Cramer said, and companies in this sector are seeing a lot of business. He highlighted CrowdStrike and Palo Alto Networks as particularly solid names, adding that both are winning major deals. Even though their stocks have been volatile…
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024.Manuel Orbegozo | ReutersMeta on Wednesday prevailed against a group of 13 authors in a major copyright case involving the company’s Llama artificial intelligence model, but the judge made clear his ruling was limited to this case.U.S. District Judge Vince Chhabria sided with Meta’s argument that the company’s use of books to train its large language models, or LLMs, is protected under the fair use doctrine of U.S. copyright law.Lawyers representing the plaintiffs, including Sarah…
‘Fast Money’ traders talk if they would trade or fade stocks that are hitting or nearing record highs. Source link
A HDR evening shot taken at sunset of the Tokyo skyline.Fgm | E+ | Getty ImagesAsia-Pacific markets were set to open mixed Thursday, as investors continued to weigh the ongoing ceasefire between Israel and Iran.Japan’s benchmark Nikkei 225 was set to open higher, with the futures contract in Chicago at 39,055 while its counterpart in Osaka last traded at 38,950, against the index’s last close of 38,942.07.However, Australia’s S&P/ASX 200 is slated to open slightly lower, with futures tied to the benchmark at 8,500, compared to its last close of 8,559.2.Similarly, futures for Hong Kong’s Hang Seng index stood at 24,326,…
U.S. Capitol Police arrest protesting members of American Disabled for Attendant Programs Today (ADAPT) in the atrium of the Hart Senate Office Building on Tuesday, June 24, 2025. The protesters chanted “no cuts to medicaid” while being arrested. Bill Clark | Cq-roll Call, Inc. | Getty ImagesU.S. Capitol Police arrested more than 30 protesters on Wednesday, including some in wheelchairs, during a demonstration against the proposed Medicaid cuts in President Donald Trump’s budget bill.Thirty-three people were arrested “for illegally demonstrating inside the Russell Senate Office Building,” a spokesperson for Capitol Police told CNBC.The group was arrested for crowding, obstructing or…
The final trades of the day with CNBC’s Melissa Lee and the Fast Money traders. Source link
Jim Cramer and Jeff Marks, the Club’s director of portfolio analysis, ran through all 30 holdings in the portfolio during the June Monthly Meeting on Wednesday. Here’s a rapid fire update on each stock, starting with those that Jim and Jeff said investors should consider trimming — or that the Club has sold recently — as uncertainty over President Donald Trump’s tariffs and the conflict in the Middle East linger. Abbott Laboratories : One of our best stocks of the year, Abbott got more good news Tuesday when HHS chief Robert F. Kennedy Jr. talked up wearable health products. Abbott’s…
