Wall Street is still in for a 'rough ride,' Jim Cramer says
"I think the 'V for victory' crowd may have gotten ahead of themselves," the "Mad Money" host said.
"I think the 'V for victory' crowd may have gotten ahead of themselves," the "Mad Money" host said.
Global stock markets fell and safe havens such as bonds and the Japanese yen gained on Friday, as investors awaited Washington's response to China tightening control over the city of Hong Kong.
U.S. stock futures dropped on Friday as investors braced for President Donald Trump's response to China's national security legislation for Hong Kong, threatening to take the shine off another month of strong gains for Wall Street.
Investors are taking a closer look at the market's consumer discretionary companies as a reopening U.S. economy fuels hopes of a turnaround for some of the sector's hardest-hit names.
EU antitrust chief Margrethe Vestager denied on Friday that she was putting hurdles in the way of Lufthansa's $10 billion government rescue, saying companies getting big capital injections from the state have to offset their competitive advantage.
Berlin is in intensive talks with the European Commission over a planned bailout for flagship German carrier Lufthansa , a government spokesman said on Friday.
Martin Seay, president of the Financial Planning Association, thinks the changes financial advisors and his organization have made as a result of Covid-19 could stick long-term.
When a global pandemic crushes the stock market, try these strategies to strengthen your finances.
The S&P 500 and Dow Jones indexes opened lower on Friday as investors braced for a U.S. response to China's national security law on Hong Kong, threatening to take the shine off another month of strong gains for the stock market.
OPEC oil output hit the lowest in two decades in May as Saudi Arabia and other members started to deliver a record supply cut, a Reuters survey found, although Nigeria and Iraq are laggards in making their share of the reduction.
"Productivity is significantly higher when you give people what they want," Kevin O'Leary told CNBC.
Uber Technologies Inc on Friday said it would offer rides by the hour in some U.S. cities, a feature aimed at helping Americans with essential trips during the coronavirus pandemic.
Giovanni Pili, a worker at a Renault factory in France, was on Friday savoring the fact that he was not laid off in a global shakeup at the carmaker, and trying not to think too much about the uncertain future facing his plant, and his industry.
Americans are hoarding more money than ever. Here's how to make this momentary spike in savings last through the downturn.
Millions of Americans who are still waiting for their stimulus payments are likely expecting paper checks by mail. But they could get something else: prepaid debit cards. About 4 million payments will go out this way. Here's what to look for to make sure the card you receive is legit.