A partial trade deal signed on Wednesday between the U.S. and China gives some relief to the market, but uncertainty still remains, experts said. “There’s a great sense of welcome that the deal was signed and a little bit of relief, naturally, and some measured optimism about how we can move forward,” said Gregory Gilligan,
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CNBC’s Jim Cramer revealed a list of stocks worth buying on a pullback after the U.S. and China authorized a long-delayed phase-one trade deal. The “Mad Money” host broke down why personalization is playing a larger role in the retail and pharmaceutical spaces. Later in the show, he went one-on-one with XPO Logistics CEO Bradley
Treasury Secretary Steven Mnuchin believes the U.S. trade war with China will have been worth it even if an incomplete deal is all that is reached. “Absolutely,” Mnuchin said, in response to being asked on CNBC’s “Squawk Box” on Wednesday whether he thought the “phase one” agreement was enough to make the protracted dispute valuable
Target was expected to be a winner this holiday season, amidst a sea of disappointing reports. But the big-box retailer said Wednesday that its holiday sales were weaker than planned. Its shares tumbled more than 8% on the news. Walmart, which hasn’t reported holiday results, also traded lower. Its stock was last down about 2%.
A cashier places a bag of items in a customer’s shopping cart at a Target Corp. store in Chicago, Illinois, U.S., on Saturday, Nov. 16, 2019. Daniel Acker | Bloomberg | Getty Images Target delivered a bit of a shock to Wall Street on Wednesday morning. The retailer has over the past year been considered
Adult film actress Stormy Daniels (Stephanie Clifford) and Michael Avenatti, attorney for Stormy Daniels, speak to the media after a hearing related to Michael Cohen. Drew Angerer | Getty Images Bombastic lawyer Michael Avenatti on Wednesday lost a bid to dismiss criminal charges accusing him of trying to extort Nike for more than $20 million,
Maintenance workers cover the engine of an American Airlines Group Inc. Boeing Co. 737 Max plane outside of a maintenance hangar at Tulsa International Airport (TUL) in Tulsa, Oklahoma, U.S., on Tuesday, May 14, 2019. Patrick T. Fallon | Bloomberg | Getty Images American Airlines said Monday that it reached an agreement with Boeing to
Harvey Weinstein arrives using a walker at the Manhattan Criminal Court, on January 6, 2020 in New York City. Timothy A. Clary | AFP | Getty Images Disgraced movie mogul Harvey Weinstein, whose exposure as an alleged serial sexual predator ignited the #MeToo movement, was heckled as he entered a New York courthouse to begin
Logan Roy, played by Brian Cox, at his daughter’s wedding reception on season 1 of HBO’s Succession. Colin Hutton | HBO Netflix may have scored the most nominations for the 2020 Golden Globes, but it was AT&T, Disney, Sony and ViacomCBS that won the night. The streaming service garnered 17 nominations, the most of any single studio,
Anna in “Frozen II.” Disney Disney has continued its domination of the 2019 box office into 2020. On Sunday, “Frozen II” became the highest-grossing animated film of all time. With a $1.32 billion haul since its release in November, “Frozen II” has surpassed “Frozen” as the top animated film at the global box office. “Disney’s
Travelers use the automated screening lanes funded by American Airlines and installed by the Transportation Security Administration at Miami International Airport in Miami, Florida. Joe Raedle | Getty Images Going through airport security this year? Double check that grey bin to make sure you’re hanging onto your things. Each month, Transportation Security Administration collects and
CNBC’s Jim Cramer on Friday took a look at last year’s run in the S&P 500 to lay out his thoughts on how the top performers would play out over the coming year in trading. The S&P 500, which tracks 500 large-cap public stocks, posted a gain of 28.9% in 2019, its largest advance since
CNBC’s Jim Cramer advises that investors refrain from panicking about how U.S.-Iran tensions may impact the market and to look for potential buying opportunities in the coming days. The “Mad Money” host takes a look back at the top components of the Dow Jones Industrial Average and S&P 500 to project what’s to come in
Investors should exercise patience when evaluating stocks shortly after a geopolitical incident, like the U.S. airstrike that killed a top Iranian military leader, CNBC’s Jim Cramer said Friday morning. That’s because it usually takes more than one day for clarity to arrive, but the “Mad Money” host said Friday there are really only three oil
Shake Shack: “I think Shake Shack had a really, really good quarter and the shack is back and I think it’s O.K. to buy, although I have to tell you Wendy’s is the cheapest burger company.” AGNC Investment: “I don’t like that particular kind of REIT ’cause I don’t know what they’re in.” U.S. Bancorp:
A wallaby licks its burnt paws after escaping a bushfire on the Liberation Trail near the township of Nana Glen on the Mid North Coast of NSW, November 12, 2019. Wolter Peeters | Fairfax Media | Getty Images Nearly half a billion animals in Australia’s New South Wales state have been killed by raging wildfires
CNBC’s Jim Cramer breaks down a menu of complex terms that are used in trading stocks. The “Mad Money” host explains how investors must consider the business cycle when finding the opportune time to buy or sell an equity. He explains to viewers how simple math can help determine when a stock is undervalued or
SUVs at a Chevrolet dealership in Oshawa, ON. Rene Johnston | Toronto Star | Getty Images DETROIT – Americans are expected to have bought fewer new vehicles last year than in recent years but spent a record amount on those new cars and trucks. Research and forecast firms Cox Automotive, Edmunds and J.D. Power/LMC Automotive
Menthol pods for Juul Labs Inc. e-cigarettes are displayed for sale at a store in Princeton, Illinois, U.S., on Monday, Sept. 16, 2019. Daniel Acker | Bloomberg | Getty Images The Food and Drug Administration said Thursday it has issued a ban on flavored vaping products, with the exception of tobacco and menthol. Under the
Rescuers work beside the wreckage of an Ethiopian Airlines’ aircraft at the crash site, some 50 km east of Addis Ababa, capital of Ethiopia, on March 10, 2019. Wang Shoubao | Xinhua News Agency | Getty Images The number of people killed in commercial airplane crashes more than halved in 2019 from the previous year,