Security advisor susan rice talking on the home to receive an update on the attack. He did attend a baseball game between the Tampa Bay Rays and Cuban National team before heading to argentina. Now its time for mad money. My mission is simple to make you money. Im here to level the Playing Field for all investors. Theres always a bull market somewhere. I promise to help you find it. Mad money starts now. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im trying to make you a little money. My job isnt just to teach but also to coach you. Call me at 1800743cnbc. Or tweet me jim cramer. The underlying bid, that is a term that means buyers are lurking underneath current prices. When those prices drop, people start buying stocks. Thats how you can have a day like this one, one that started with a horrendous terrorist attack in brussels, which justifiably brought down almost everything at the opening, then a rally in the afternoon. Dow only fall
The blue chip index, dow index, increased more than 150 putting 16 trillion into the pockets of investors according to wilshire associates. Dominic chu takes a look at the stocks and sectors driving this bull run. Reporter for some it seems like so long ago and for others the wounds from the financial crisis are still fresh. But the market has come a long way since bottoming out on march 9th, 2009, and that was the day, remember, stocks hit a closing low during the crisis. Since that day, the Dow Jones Industrial average is up close to 160 . The s p 500 index has gained about 190 . And the nasdaq composite is up a staggering 265 . Taking a closer look at the industries and sectors that have really been driving the gains, its been Consumer Discretionary or retailoriented stocks that have really led the way higher followed by financials then industrials. Each of those sectors is characterized as cyclical means companying within them are closely tied to the up and downs of the overall eco
The blue chip index, dow index, increased more than 150 putting 16 trillion into the pockets of investors according to wilshire associates. Dominic chu takes a look at the stocks and sectors driving this bull run. Reporter for some it seems like so long ago and for others the wounds from the financial crisis are still fresh. But the market has come a long way since bottoming out on march 9th, 2009, and that was the day, remember, stocks hit a closing low during the crisis. Since that day, the Dow Jones Industrial average is up close to 160 . The s p 500 index has gained about 190 . And the nasdaq composite is up a staggering 265 . Taking a closer look at the industries and sectors that have really been driving the gains, its been Consumer Discretionary or retailoriented stocks that have really led the way higher followed by financials then industrials. Each of those sectors is characterized as cyclical means companying within them are closely tied to the up and downs of the overall eco
We read the tea leaves on the data thats driving down the market this morning. Cbs and time warner are on the move both after reporting earnings. Were going to dig into those quarters. Well also talk to cbss chief executive. Tim cook calling the u. S. Government dysfunctional on mad money with jim. Well hear from the apple ceo and dig in on what last nights primary results may mean. Stocks are poised to open lower a day after falling to their lowest levels in three weeks amid concerns about slowing economic growth. Speaking of the economy, data from adp shows the private sector added 156,000 jobs in april, that is below consensus and marks the smallest increase in three years. 156, we were looking for 196. And everybody wants to know, jim, what this might mean for friday. Yeah. I think that were back into a mode which says this roving bull market that weve had in cyclicals maybe give that a break. Go back into the clorox market. Remember, it is just bull, bear, bull, bear, we rotated o
Prices. When those prices drop, people start buying stocks. Thats how you can have a day like this one, one that started with a horrendous terrorist attack in brussels, which justifiably brought down almost everything at the opening, then a rally in the afternoon. Dow only falling 41 points, s p declining 0. 9 , nasdaq advancing 0. 27 . By the end of the day, the stocks getting hit were the ones directly related to travel and leisure. Those companies will suffer because of a loss in business as the world is on edge. Makes people want to stay at home. The rest of the market was able to mount somewhat of a comeback because of this thing im calling this underlying bid. It seems to be there since the bottom of this market on february 11, when murky issues involving energy losses, weak european banks and insurging populist politics to the the bears. How is it possible with these terrorist attacks didnt cause a more lasting decline in the stock market, at least for this day . First, these at