Investing

Turmoil in Washington, D.C., has caused unnecessarily drastic declines in the stock market in recent weeks, UBS’ Art Cashin told CNBC on Friday. “I think we lost maybe a couple of thousand points that we didn’t need to because of the disruptions that we saw,” including the ongoing government shutdown and President Donald Trump’s attacks
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The stock market’s dramatic swings have given way to some positive trends, even as they might not feel safe to the average investor, CNBC’s Jim Cramer said Thursday after another wild ride on Wall Street. The Dow Jones Industrial Average ended Thursday’s trading session more than 250 points higher after enduring a 600-point intraday drop.
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Investors should be careful as the recent spike in market volatility is far from normal, according to the manager of the California State Teachers’ Retirement System, which has more than $200 billion in assets. “The last few days have been abnormal volatility,” Christopher Ailman, chief investment officer at CalSTRS, told CNBC during a special aired
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Gold is getting its shine back. The traditional safe-haven asset has rallied more than 3 percent this month, as investors sought shelter from a volatile stock market. The surge has even prompted praise from Mad Money’s Jim Cramer for gold’s “bull market.” Market uncertainties such as trade tensions and other geopolitical worries tend to increase
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President Donald Trump is adamantly opposed to the Federal Reserve’s rate hike campaign, but has never suggested firing Fed Chairman Jerome Powell, Treasury Secretary Steven Mnuchin said on Saturday, moving to defuse a controversy that could roil global markets even further. Late Friday, Bloomberg News, citing four unnamed sources, reported that Trump has discussed firing
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In some cases, buying shares of companies facing lawsuits can pay off if you’re patient and willing to withstand headline risk, CNBC’s Jim Cramer said Wednesday. Right now, there are five high-profile situations “where lawsuits are or could be front and center” for stocks, Cramer said: the Qualcomm-Apple dispute, the lawsuits facing Johnson & Johnson
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Strong demand for aircraft, plane parts and services and defense products led manufacturer Boeing to boost its dividend and share buyback programs on Monday, the company’s Chief Financial Officer, Greg Smith, tells CNBC. Boeing’s board of directors voted Monday to raise the company’s quarterly dividend by 20 percent in 2019, bringing it to $2.05 per
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Ron Paul is warning this year’s corrections could be a precursor to an epic market collapse that may come sooner than investors think. According to the former Republican presidential candidate, Wall Street is becoming more vulnerable to near-depression conditions within the next 12 months. “Once this volatility shows that we’re not going to resume the
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