
Morgan Chittum
Writer at CNBC
I write about banks & stocks for @CNBC | ex-markets reporter @BusinessInsider, @poynter fellow, @nydailynews runner | @nlgja member | [email protected]
Articles
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1 week ago |
cnbc.com | Morgan Chittum |Natasha Abellard |Paulina Likos
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 modestly lower Friday as investors mull over the latest news from the Israel-Iran conflict and consider the Federal Reserve's next monetary policy move. Fed Governor Christopher Waller said that policymakers could lower interest rates as early as July.
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1 week ago |
cnbc.com | Morgan Chittum
The Federal Reserve will release its annual stress test results next Friday — a high-stakes assessment that could cost or save Wall Street's largest banks billions. A solid report card from regulators could pave the way for increased share buybacks, higher dividends, more loan growth and new investments for Club holdings Wells Fargo , Goldman Sachs and Capital One .
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1 week ago |
cnbc.com | Zev Fima |Morgan Chittum
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 and Fed: Stocks fluctuated between modest gains and losses Wednesday afternoon after the Federal Reserve opted to keep interest rates unchanged, in line with expectations. Investors were also chewing over the central bank's updated economic projections, which are released on a quarterly basis.
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1 week ago |
cnbc.com | Morgan Chittum |Natasha Abellard |Kevin Stankiewicz
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: Stocks were higher in afternoon trading Monday, with the S & P 500 adding nearly 1% and the tech-heavy Nasdaq Composite advancing around 1.5%.
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1 week ago |
cnbc.com | Morgan Chittum |Zev Fima
What was shaping up to be a relatively calm week quickly got volatile on Friday, following Israel's overnight strike on Iran. Here is a closer look at the three biggest themes that defined the market this week. 1. Geopolitics: The attack on Iranian nuclear infrastructure rippled through financial markets on Friday. U.S. stocks sold off on the increased tensions overseas. The S & P 500 and Nasdaq Composite tumbled 1.13% and 1.3% on Friday, respectively.
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