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June 7, 2020
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Jim Cramer: Investors are rotating into and out of these stocks

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CNBC – For more and to sign up click here Wall Street roared on Wednesday as investors saw more signs of some sense of economic “normalcy,” CNBC’s Jim Cramer said after the market closed. “Normalcy is shop until you drop. And today’s action says that’s exactly where we’re headed,” the......
CNBC Business

First the pandemic hit them. Now retailers and restaurants have to rebuild after protests

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CNBC – For more and to sign up click here Police gather in front of a Lowe’s hardware store to arrest looters during widespread unrest following the death of George Floyd on May 31, 2020 in Philadelphia, Pennsylvania. Mark Makela | Getty Images Retailers and restaurants shuttered by the coronavirus pandemic had......
CNBC Business

Stock market live updates: Stock futures dip ahead of holiday weekend, China drops GDP target

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CNBC – For more and to sign up click here New York, USA – May 8, 2018: Wall Street sign near New York Stock Exchange with flags of the United States. ymgerman | iStock Editorial | Getty Images This is a live blog. Here’s what’s happening: 7:54 am: Moderna up......
CNBC Business

FAANG emerges as the latest group to lead the market, Jim Cramer says

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CNBC – For more and to sign up click here CNBC’s Jim Cramer said the most dominant names in technology emerged as the latest stock group to lead the market higher in Wednesday’s session. “These Big Tech stocks led us higher,” the “Mad Money” host said after the major averages......
CNBC Business

Lowe’s funds $25 million in grants to help minority businesses reopen; CEO challenges other executives to ‘do our part’

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CNBC – For more and to sign up click here Lowe’s announced Wednesday that it would assist minority-owned businesses with $25 million in grants to support efforts to relaunch the American economy. Lowe’s is dishing out the funds to help small businesses, especially home improvement professionals, in need of masks, personal......
CNBC Business

Coronavirus live updates: Surge in online orders boosts Target, Lowe’s results; iconic NY steakhouse goes digital

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CNBC – For more and to sign up click here Sectors of the U.S. economy are starting to show signs of a rebound, with more retailers reporting strong quarterly sales and weekly mortgage applications pointing to a remarkable recovery in the housing market. Wall Street later Wednesday gets a more detailed......
CNBC Business

5 things to know before the stock market opens Wednesday

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CNBC – For more and to sign up click here 1. Dow set to recover much of Tuesday’s losses The Dow came under pressure in the final hour of trading after a STAT News report raised concerns about Monday’s trial results for a potential coronavirus vaccine from Moderna. Shares of......
CNBC Business

Lowe’s shares soar after same-store sales surge 11.2%

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CNBC – For more and to sign up click here A man walks past a Lowe’s store in Los Angeles, California. Mario Tama | Getty Images Lowe’s shares rose more than 7% in premarket trading Wednesday after the company reported better-than-expected earnings.  Here’s what Lowe’s reported compared with what Wall......
CNBC - Real Estate

Home Depot vs. Lowe’s: Two analysts place their bets

CNBC Real Estate
Home Depot and Lowe’s have had very different years so far. Ari Wald of Oppenheimer and Nancy Tengler of Laffer Tengler Investments place their bets. CNBC – For more and to sign up click here...
CNBC Business

Three stocks are worth buying ahead of this week’s retail earnings wave, traders say

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CNBC – For more and to sign up click here The retail sector’s roller-coaster ride continues. A slew of major U.S. retailers is scheduled to report earnings this week after a worse-than-expected drop in domestic sales in April. Some of the companies in line to report are: Investors looking to......
CNBC Business

Stocks could be stuck in a range until there’s more proof reopenings are reviving the economy

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CNBC – For more and to sign up click here A view of the charging Bull with a woman in New York City USA during coronavirus pandemic on April 25, 2020. John Nacion | NurPhoto | Getty Images Coming off a volatile week, analysts expect stocks to continue navigating choppy......
CNBC Business

Cramer’s week ahead: ‘All bets are off’ if another U.S.-China trade war sparks

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CNBC – For more and to sign up click here The stock market managed to stage a “nice comeback” after stocks took a hit on a handful of negative headlines, CNBC’s Jim Cramer said Friday. The Dow Jones plunged more than 271 points during the session as investors weighed renewed......
CNBC Business

Terrible retail sales report shows acceleration in fates of struggling and thriving retailers

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CNBC – For more and to sign up click here A shopper wears a protective mask while browsing through the Island Cotton Company store as the state of Florida enters phase one of the plan to reopen the state on May 4, 2020 in Stuart, Florida. Joe Raedle | Getty......
CNBC Business

Worse-than-expected drop in U.S. retail sales weighs on stocks — what to watch now

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CNBC – For more and to sign up click here What’s the read on retail? U.S. retail sales dropped 16.4% in April as the coronavirus pandemic weighed heavily on consumer spending, the government said Friday. Economists were expecting closer to a 12% decline. The figure put into focus the virus’......
CNBC Business

Dividend payers are still ‘winners in this market,’ ETF analyst says. Here’s why

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CNBC – For more and to sign up click here There’s been a lot of dividend doomsday talk on Wall Street this earnings season. As of Monday, roughly a quarter of companies in the S&P 500 had suspended sharing guidance for future quarters, with at least 30 cutting or pausing dividend......

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