Earnings season kicks off with reports from big banks

CNBC’s Jim Cramer walked investors through next week as Wall Street launches into earnings season, highlighting reports from financial giants including Wells Fargo, Goldman Sachs, Citigroup, Bank of America, Morgan Stanley and JPMorgan. He acknowledged Friday’s major sell-off but said he doesn’t think the session marks the end of the market’s multi-year rally. “It’s a…

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Don’t judge the quarter too quickly

The one-two punch of strong earnings and tame inflation helped propel the S & P 500 to a positive week — despite the latest tariff news on Friday putting a slight damper on the action. The broad index added 0.59% for the week led by technology, utilities and industrials, while the tech-heavy Nasdaq outperformed, jumping…

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‘A little bit of an overreaction’

Abbott Laboratories CEO Robert Ford unpacked his company’s latest quarterly report in a Thursday interview with CNBC’s Jim Cramer, saying that Wall Street’s reaction to the results was extreme. “I think this is a little bit of an overreaction. Of course, we are all over this,” Ford said. “We’re focused on this, but the fundamentals…

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