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 Tuesday's key moments. U.S. stocks were mixed Tuesday as Big Tech names dragged down the S & P 500 and Nasdaq. The Dow was up after the opening. The rally in Nvidia cooled off Tuesday, the morning after announcements from the company's highly anticipated artificial intelligence conference.
The question is though, how much of that is already priced in? Abbott Laboratories stock rose more than 1% Tuesday, attempting to recover some of the roughly $10 billion in market cap lost over four straight down sessions. The declines intensified Friday after rival baby formula maker Reckitt Benckiser was ordered to pay $60 million to a mother whose premature baby died from an intestinal disease known as NEC. No scientific data shows Abbott's formula causes the same disease.
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