Articles

  • 1 week ago | cnbc.com | Matthew Belvedere |Kevin Stankiewicz

    President Donald Trump last week increased the pressure on Apple over foreign-made iPhones in a scathing social media post that also intensified the overall stock market sell-off. In the week ahead, another great American tech giant — Club name Nvidia — will be in the spotlight. Following trade optimism the prior week, the S & P 500 went right back into the soup, with a weekly drop of 2.6%. The Nasdaq fell nearly 2.5% last week. Both of those weekly drops were the worst in more than a month.

  • 2 weeks ago | cnbc.com | Kevin Stankiewicz |Matthew Belvedere

    A whirlwind of positive headlines from a Chinese trade détente to hundreds of billions of dollars in promised foreign investment in the U.S. lit a fire in the market and propelled the S & P 500 into the green every day last week. Monday started with a U.S.-China agreement, albeit temporary , to relax most of the tariffs imposed on each other's import, giving room for both sides to step back from the brink of triple-digit levies and work together on a mutually beneficial trade deal.

  • 3 weeks ago | cnbc.com | Kevin Stankiewicz |Matthew Belvedere

    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: The S & P 500 was heading into the homestretch on Wall Street up more than 3% on the U.S. and China agreeing to temporary tariff cuts while they look to craft a broader trade deal. With Monday's rally, the S & P 500 was less than 1% from going breakeven year to date.

  • 3 weeks ago | cnbc.com | Matthew Belvedere

    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 Monday's key moments. The stock market cheered the weekend agreement between the U.S. and China to temporarily cut tariffs against each other, giving time for a larger trade deal to be reached. The S & P 500 rose nearly 2.5% and the Nasdaq jumped more than 3%.

  • 3 weeks ago | cnbc.com | Kevin Stankiewicz |Matthew Belvedere

    Trade deal progress dominated last week's stock market and promises to be influential in the week ahead. In Switzerland this weekend, Treasury Secretary Scott Bessent started a dialogue over tariffs with Chinese officials. On Sunday, Bessent said the talks were productive and more details would be forthcoming at a Monday briefing. The Treasury secretary said President Donald Trump has been "fully informed" on what was discussed. Trump on Saturday called the China talks a "total reset.

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Matthew J. Belvedere
Matthew J. Belvedere @Matt_Belvedere
20 Dec 21

CNBC's Jim Cramer said Monday that despite getting Covid he doesn’t understand what he called the “profound negativity” on Wall Street. “The idea that everything’s for sale is an opportunity, not a negativity,” he added. “The gloom…https://t.co/9Jyc5W4wiv https://t.co/JcjVjpXJB8

Matthew J. Belvedere
Matthew J. Belvedere @Matt_Belvedere
2 Jun 20

RT @CNBC: Op-Ed: What we need to do for our black daughter after the killing of George Floyd https://t.co/TaQ9WXMW3W

Matthew J. Belvedere
Matthew J. Belvedere @Matt_Belvedere
27 Sep 19

RT @FrankCNBC: 5 things to know before the stock market opens Friday Story by: @Matt_Belvedere @CNBC https://t.co/WdbwGhDIkZ