Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices, the University of Michigan’s Surveys of Consumers said Friday. The index of consumer sentiment fell to 44.8 from a preliminary reading of 48.2. It’s also well below the 49.8…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are closing out Friday on a higher note, with the S & P 500 reapproaching 7,500 and on pace for its eighth straight week of gains….
The S&P 500 has staged an impressive recovery, rallying more than 17% off its March lows on a combination of tariff relief optimism, resilient earnings and a powerful rebound in semiconductors. It is a move that has rewarded patience. It is also one that has quietly made hedging both more affordable and more strategically sensible….
The Micron Technology offices in San Jose, California, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Quantum stocks jumped this week on news that the U.S. government was taking equity stakes in nine companies, including IBM, as President Donald Trump’s administration continues to acquire shares of private sector companies. So where might…
The Club’s top 10 things to watch Friday, May 22 — Today’s newsletter was written by Jeff Marks, the Club’s director of portfolio analysis. 1. Stocks are poised to extend yesterday’s gains. Oil is slightly higher on Iran war peace deal uncertainty, but bond yields are not following the similar patten and are lower. Stocks…
An illuminated Guzman y Gomez sign at a restaurant in Sydney, Australia, on Wednesday, Feb. 18, 2026. Bloomberg | Bloomberg | Getty Images Shares of Guzman y Gomez rose as much as 20.58% on Friday, after the Mexican-themed fast-food chain said it would exit the U.S. market and refocus on Australia. “Having spent the last…
A screen displays share prices inside the Kabuto One building in Tokyo, Japan, on Monday, April 13, 2026. Oil surged and stocks fell after President Donald Trump ordered a blockade of the Strait of Hormuz, escalating tensions with Iran following the collapse of weekend peace talks. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty…
The Commodity Futures Trading Commission headquarters in Washington, Dec. 23, 2022. Ting Shen | Bloomberg | Getty Images As prediction markets’ volumes grow at a ruthless pace, their businesses are being challenged by states across the country. The federal government is fighting a multifront battle to stop the state actions and assert its regulatory authority. …
When most companies go public, they follow a simple rule: insiders can’t sell their shares for 180 days after the IPO. SpaceX is taking an unusual approach that could allow pre-IPO investors to sell sooner. The company built in a series of release valves that allow insiders to sell portions of their stock in…
My top 10 things to watch Thursday, May 21 1. Stock futures are lower this morning. Why? Look no further than oil prices and Treasury yields. Both are higher after a reprieve yesterday. U.S. benchmark WTI crude is back above $100 a barrel. The 10-year yield is around 4.6%. Oil is back in control. Real…
