TheStreet Live

TheStreet Live

By JIm Cramer and TheStreet StaffBusiness
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TheStreet Live episodes

  • Midday Market: Dow Rockets Past 25,000 as Volatility Plummets to Low Streak
    U.S. stocks continued to rally about halfway through Thursday's trading session as the Dow Jones Industrial Average rocketed past 25,000 for the first time. The blue-chip index added over 150 points to trade higher about half a percentage point. The road from passing 24,000 points to passing 25,000 was covered in just 23 trading days, the shortest-ever time it's taken the Dow to add 1,000. The S&P 500, which also passed a psychological barrier to close above 2,700 points yesterday, gained about one-third of a percent. The Nasdaq topped its own barrier of 7,000 points Tuesday and traded higher Thursday as well. As Wall Street cheered on market gains, its "fear index" dipped to a record low streak. The Cboe VIX Volatility Index reached below 9 on Thursday for the second consecutive day. It's the first time the index has read below 9 for two-straight days ever. It's only reached a sub-9 level seven times in its nearly 30-year history - six of those seven times happened within the last six months. Want more exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!
    2 min
  • Tesla, Intel and Everything Else You Need to Know Thursday in Under 60 Seconds
    Need a little news for your wintery morning commute? Here's everything you need to know before Thursday's opening bell: Tesla shares fell premarket after disclosing it only delivered 1,550 Model 3s in the fourth quarter, compared to loose expectations of 4,000. Intel said it's working with AMD and ARM Holdings to address a security flaw affecting its processors. AMD has stressed there is "near zero risk to AMD processors at this time." AT&T said it would roll out 5G in some U.S. cities by late 2018. The Powerball jackpot has grown to about $550 million. After another record close, futures suggest the Dow could cross 25,000. Watch More with TheStreet: Here Is Why Emerging Markets Should Continue to Outperform U.S. Stocks Tesla's Elon Musk Has Been Busy as Investors Await 2017 Model 3 Delivery Numbers Be Prepared to Get Rocked By a 10% Stock Market Correction Billionaire Ken Fisher Reveals His 2018 Stock Market Outlook
    1 min
  • Dow, Nasdaq, S&P Hit Record Closes
    U.S. stocks rose on Wednesday, the second trading day of 2018. The three benchmark U.S. indexes hit record closes after setting intraday records earlier. Shares of Intel Corp. fell following reports of a potential bug in the chipmaker's technology. Intel said that it believes these "exploits do not have the potential to corrupt, modify or delete data." It is also working with other technology companies to develop an industry-wide approach to resolve this issue. Shares of rival Advanced Micro Devices Inc. soared on the report. MoneyGram International Inc. stock tanked after U.S. regulators rejected Ant Financial's plan to acquire the U.S. money transfer company over national security concerns. The $1.2 billion deal, which had been in the works for several years, represents a blow for Jack Ma, the executive chairman of Chinese internet conglomerate Alibaba Group Holding Ltd. , who owns Ant Financial together with Alibaba executives. Want more exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!
    2 min
  • U.S. Stocks Power to All-Time Highs
    U.S. stocks rose to all-time highs on Wednesday with the Dow, the Nasdaq and the S&P 500 all setting intraday records. But Harley-Davidson Inc. shares tumbled on Wednesday after research firm Longbow downgraded the stock to Underperform from Neutral, citing an ongoing pattern of weak U.S. sales. Longbow analyst David MacGregor's channel checks revealed that U.S. retail sales are trending down 5% to 7% with U.S. shipments expected to be down by "at least 20%." Shares of Dominion Energy Inc. fell after announcing that it would buy Scana Corp. in an all-stock deal valued at about $7.9 billion. Scana stock soared by more than 20%. The deal is expected to close this year. Want more exclusive investing insight from Jim Cramer? Get 24/7 access to Jim's charitable trust portfolio with a free trial to Action Alerts PLUS!
    1 min
  • Everything You Need to Know Wednesday in Less Than 60 Seconds
    Here's everything you need to know before Wednesday's opening bell: The U.S. rejected the sale of MoneyGram to Jack Ma's Ant Financial Services Group. December U.S. car sales are expected to fall nearly 7% from last year. Analysts debate whether Amazon could buy Target Major airlines including American and Southwest will pay employees $1000 bonuses European stocks rebounded and U.S. stock futures pointed toward another set of records Watch More with TheStreet: Jim Cramer Reveals One Market Trend to Watch in 2018 Here Is What to Expect From the Federal Reserve in 2018 4 of the Biggest Losers from the New Tax Code Fitness Resolutions for 2018, Beachbody CEO Talks Fitness
    1 min
  • Closing Bell: Stocks Finish First Trading Session of 2018 Well Into the Green
    As the first closing bell of 2018 rang, Wall Street finished well into the green. After opening higher 115 points this morning, the Dow Jones Industrial Average finished Tuesday up about 80 points, or 0.3%. The S&P 500 gained more than 0.6% and the Nasdaq shot higher over 1% as tech stocks led the index to its best day since November. Apple Inc. shares were higher Tuesday after the company announced its iPhone battery replacement discount will go into effect immediately, instead of later this month. The company had come under intense criticism after it was discovered older iPhones were slowing down as a result of a software fix to protect the aging batteries in the units. Netflix Inc. stock also rose Tuesday after analysts at Macquarie upgraded shares to outperform from neutral. Macquarie said changing consumer preferences in favor of advertising-free television are an obvious plus for the streaming service. Netflix also has potential upside for revenue as its most recent round of price hikes goes into effect. Also Tuesday, Citi said Netflix has about a 40% chance of be acquired by Apple. Apple is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio . Want to be alerted before Cramer buys or sells the stock? Learn more now.
    2 min
  • Midday Market: Stock Market Rallies Higher as Dollar Slumps
    On the very first trading day of a new year, stocks pushed higher. The Dow Jones Industrial Average opened the day with a 115-point gain. About halfway through Tuesday's session, the blue-chip index was higher 0.14%. The S&P 500 gained about 0.6% and the Nasdaq rallied over 1%. Technology, consumer discretionary and healthcare stocks led the market. Tuesday's moves tee Wall Street up for its fourth day of gains in five. The run comes as the U.S. dollar continues on its worst slump since 2003. Compared to a basket of six global currencies on the dollar index, the greenback slipped to near September lows on Tuesday. BP PLC said on Tuesday that its fourth quarter earnings will be hit by a $1.5 billion one-off charge from recent changes in the tax code. The new tax legislation, which was passed late last month, lowered the corporate tax rate to 21% from 35%. BP shares fell on the news, but the company said future earnings will be positively impacted by the tax changes.
    2 min
  • Everything You Need to Know Monday in Less Than 60 Seconds
    Here's everything you need to know before Monday's opening bell: BP said it will take a hit from recent changes to the tax code. Natural gas prices soared as a cold snap grips the U.S. Apple said its battery-replacement discount will go in effect immediately. Disney's Star Wars: The Last Jedi passed Beauty and the Beast to become the top-grossing film of 2017. Stock futures rose as the U.S. dollar slumped. More of What's Trending on TheStreet: 4 Companies Are Already Huge Losers From New Tax Law U.S. Cold Snap Lifts Natural Gas Prices as Deep Freeze Ices East Coast Walmart Might Have a Mind-Blowing 2018 Why Tech Firms' Big Tax Breaks Are a 'GILTI' Pleasure
    1 min
  • Midday Market: Stocks Trade Lower as President Trump Inks Tax Bill Into Law
    Stocks traded narrowly lower midday after lawmakers agreed to terms of a spending bill that will stave off a government shutdown following the passage of tax reform. The Dow and S&P 500 are still on track for their fifth-straight weekly gain. President Donald Trump signed tax bill into law Friday. John Schnatter, founder and CEO of Papa John's International Inc. , resigned from his position effective Jan. 1 following a string of controversial debate between him and the NFL over the League's handling of players kneeling during the National Anthem. Qualcomm Inc. announced it has rejected the 11-person slate of dissident director candidates nominated by Broadcom Inc. . Watch More with TheStreet: Watch: Here Is Everything You Need to Know About the Stock Market in 2018 Five of 2017's Biggest Tech Moments: Video Here Is What to Expect From the IPO Market in 2018 Kawasaki Unveils Z 900 RS Motorcycle in Time for Holidays
    1 min
  • Apple, Banks, Earnings and All the Market News You Need in Under 60 Seconds
    Here's everything you need to know before the bell Thursday: Banks including Wells Fargo and PNC are expected to be among the biggest winners of the tax plan, which passed both the Senate and the House. Earnings are expected from Nike , Paychex , Conagra and more. Apple admitted to intentionally slowing down older iPhones to prevent unexpected shutdowns. U.S. stock futures and European shares traded mixed. Watch More with TheStreet: Watch: Here Is Everything You Need to Know About the Stock Market in 2018 Five of 2017's Biggest Tech Moments: Video Here Is What to Expect From the IPO Market in 2018 Kawasaki Unveils Z 900 RS Motorcycle in Time for Holidays
    1 min

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