The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Wednesday's key moments. Wall Street soared Wednesday on Donald Trump winning the presidential election. The Dow was leading the way higher in a broad-based rally, surging more than 3% to an all-time high. Bond yields were also higher as money moved into stocks but also on concern that Trump's policies could be inflationary.
Shares of BlackRock , the world's biggest asset manager, dipped Wednesday, bucking the rally in financials. Jim has wanted to own more shares of BlackRock and Wednesday decided to buy some more. Club stock Nvidia rose about 3% Wednesday to an all-time high above $144 per share. Jim said Trump's presidency won't hurt Nvidia's relationship with Taiwan Semiconductor Manufacturing Company , which manufactures its industry-leading artificial intelligence chips.
Jim Cramer Investment Strategy Markets Breaking News: Markets Donald Trump Donald Trump Dow Jones Industrial Average Wells Fargo & Co Morgan Stanley Blackrock Inc NVIDIA Corp Taiwan Semiconductor Manufacturing Co Ltd Taiwan Semiconductor Manufacturing Co Ltd Business News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wall Street is getting tired of Corona brewer Constellation, but Jim Cramer says to hold on4 reasons why we're not fretting the downgrade of Corona brewer Constellation Brands
Read more »
Jim Cramer weighs in on Netflix, says he's staying bullish on the streaming giantCNBC's Jim Cramer compared reports from analysts at Barclays, who downgraded Netflix, and Piper Sandler, who upgraded the stock.
Read more »
Jim Cramer: Don't Get Caught Up In Downgrades, Stick With Solid CompaniesCNBC's Jim Cramer advises investors to ignore Wall Street's trading frenzy and focus on holding onto strong companies, even if their prices fluctuate. He specifically addressed the recent downgrade of Amazon by Wells Fargo, arguing that the company has a history of overcoming challenges.
Read more »
Jim Cramer counters Amazon and Apple downgradesCNBC’s Jim Cramer told investors not to get caught up in trading on Wall Street.
Read more »
Jim Cramer Stays Bullish on Netflix Despite Analyst ConcernsCNBC's Jim Cramer explains his optimistic stance on Netflix, reviewing recent analyst notes that present both bullish and bearish arguments for the streaming giant.
Read more »
Jim Cramer's top 10 things to watch in the stock market TuesdayWall Street was headed for a higher open Tuesday after the S&P 500 had its worst session in a month.
Read more »