In this article CVX FANG Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:20 03:20 Today's Dow winners tell us investors think rates are coming down, says Jim Cramer Mad Money with Jim Cramer As tensions between the U.S. and Iran cooled, CNBC's Jim Cramer said Wednesday's massive rally revealed which stocks investors should be buying as conditions stabilize and which to avoid. "Wh...
In this article CVX FANG Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 3:20 03:20 Today's Dow winners tell us investors think rates are coming down, says Jim Cramer Mad Money with Jim Cramer As tensions between the U.S. and Iran cooled, CNBC's Jim Cramer said Wednesday's massive rally revealed which stocks investors should be buying as conditions stabilize and which to avoid. "When you go through these lists of the best and worst performers, you can see what's worth owning when things calm down and what's untouchable," Cramer said on "Mad Money" Wednesday. "When the market gets hammered again, you know what the professional money managers will reach for. It's a great way to figure out what can take you higher and what's just a plain old dead end," he added. Cramer's commentary came after stocks soared on the news that President Donald Trump announced the suspension of U.S. attacks on Iran for two weeks. The pause signals some relief in a five-week conflict that led to Iran closing the Strait of Hormuz, which is a critical waterway for global energy supplies. To be sure, Cramer said questions still remain about the durability of the ceasefire and all of the details that need to be ironed out in a longer-term agreement. Nevertheless, The Dow Jones Industrial Average rose 2.85%%, while the S&P 500 gained 2.51% and the Nasdaq jumped 2.8%. West Texas Intermediate crude fell over 16% to $94.41 per barrel, while Brent crude for June delivery dropped roughly 13% to $94.75 per barrel. Among the Dow's biggest winners during Wednesday's rally were Sherwin-Williams , Caterpillar , Home Depot and Goldman Sachs , Cramer pointed out. "That's a pretty extraordinary set of leaders," Cramer said. "When you see these four going up, it means investors believe that interest rates are coming down." The 10-year treasury yield, which is tied to 30-year mortgage rates, also fell sharply Wednesday. Cramer previously said lower rates are key to reviving the stalled housing m...
Good morning. US equity futures are wavering in early Asian trading as Tehran said a number of clauses of its ceasefire deal with the US have been violated, after Israel launched its largest assault on Lebanon since the start of its invasion. US Vice President JD Vance will lead a delegation to Islamabad for direct talks with Iran . Locally, DroneShield shares slumped after CEO Oleg Vornik and the...
Good morning. US equity futures are wavering in early Asian trading as Tehran said a number of clauses of its ceasefire deal with the US have been violated, after Israel launched its largest assault on Lebanon since the start of its invasion. US Vice President JD Vance will lead a delegation to Islamabad for direct talks with Iran . Locally, DroneShield shares slumped after CEO Oleg Vornik and the company chairman resigned, while Santos said its massive Barossa LNG project will restart shipments in less than a fortnight. — Paul-Alain Hunt , Metals and Mining Reporter. What’s happening now US President Donald Trump’s announcement that he was accepting a proposal for a two-week ceasefire in Iran was met by relief in global capitals and jubilation in financial markets. But optimism was short lived as Tehran claimed the ceasefire’s terms had already been breached . The White House announced the US would hold direct talks with Iran even as fighting continued in the Middle East. Trump has two weeks to figure out whether he’s untangled the knot he created in Iran, or just pulled it tighter. Read more in our Big Take here . DroneShield ’s Vornik stepped down as CEO after more than 10 years in the role. Peter James has also decided to retire as chairman, and will be succeeded next month by Hamish McLennan. Shares fell 14% on Wednesday. Oil and gas major Santos plans to recommence production at its Barossa LNG plant in Australia around April 18, a move that will help ease a supply crunch in Asia stemming from the conflict in the Middle East. North Korea’s latest missile launch highlights the security challenges existing in the Indo-Pacific region as the world focuses on the tensions in the Middle East, the defense ministers of Japan and Australia said, after meeting in Tokyo. New Zealand’s central bank delivered a hawkish hold at its April policy meeting that reinforced a strong commitment to its inflation target , in a decision released hours after the US and Iran agreed to ...
Cotton futures closed Wednesday with mixed action as contracts were anywhere from 38 points higher to 20 points lower. The US dollar index was $0.832 lower at $98.850. Crude oil was down $16.45 on the day following a 2-week ceasefire between Iran and the US that includes the reopening of...
Cotton futures closed Wednesday with mixed action as contracts were anywhere from 38 points higher to 20 points lower. The US dollar index was $0.832 lower at $98.850. Crude oil was down $16.45 on the day following a 2-week ceasefire between Iran and the US that includes the reopening of...
Soybeans closed the Wednesday session with contracts steady to 3 ¾ cents in the green, getting support from meal. The cmdtyView national average Cash Bean price was up 4 cents at $10.93 1/4. Soymeal futures were up $2.30 to $5.20 on the day, with Soy Oil futures down 150 to...
Soybeans closed the Wednesday session with contracts steady to 3 ¾ cents in the green, getting support from meal. The cmdtyView national average Cash Bean price was up 4 cents at $10.93 1/4. Soymeal futures were up $2.30 to $5.20 on the day, with Soy Oil futures down 150 to...
Lean hog futures were weaker on Wednesday, as contracts closed with losses of a dime in some deferreds to $2.40 in June. USDA’s national base hog price was not reported on Wednesday afternoon due to light volume. The CME Lean Hog Index was back up 13 cents on April 3...
Lean hog futures were weaker on Wednesday, as contracts closed with losses of a dime in some deferreds to $2.40 in June. USDA’s national base hog price was not reported on Wednesday afternoon due to light volume. The CME Lean Hog Index was back up 13 cents on April 3...
The wheat complex was under pressure on Wednesday as money was coming out with pressure from crude oil. Chicago SRW futures was down 13 to 17 ¾ cents in the nearbys on the day. KC HRW futures posted 7 to 12 1/4 cent lower trade into the final bell. MPLS...
The wheat complex was under pressure on Wednesday as money was coming out with pressure from crude oil. Chicago SRW futures was down 13 to 17 ¾ cents in the nearbys on the day. KC HRW futures posted 7 to 12 1/4 cent lower trade into the final bell. MPLS...
Corn futures saw some buying off the early overnight lows, but still managed to close with losses of 1 ¾ to 3 ½ cents. The CmdtyView national average Cash Corn price was down1 1/2 cents at $4.08. Crude oil was down $16.45 on the day following a 2-week ceasefire between...
Corn futures saw some buying off the early overnight lows, but still managed to close with losses of 1 ¾ to 3 ½ cents. The CmdtyView national average Cash Corn price was down1 1/2 cents at $4.08. Crude oil was down $16.45 on the day following a 2-week ceasefire between...
Live cattle futures saw gains of a nickel in August to $1.30 in some deferred contracts on Wednesday. Cash trade has yet to get kicked off this week, with sales at $245-246 last week. The Central Stockyards Fed Cattle Exchange online auction saw no bids on the 970 head offered,...
Live cattle futures saw gains of a nickel in August to $1.30 in some deferred contracts on Wednesday. Cash trade has yet to get kicked off this week, with sales at $245-246 last week. The Central Stockyards Fed Cattle Exchange online auction saw no bids on the 970 head offered,...
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +2.51%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +2.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.90%. June E-mini S&P futures (ESM26 ) rose +2.52%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +2.51%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +2.85%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.90%. June E-mini S&P futures (ESM26 ) rose +2.52%, and June E-mini Nasdaq futures...
Toltek/iStock via Getty Images U.S. wheat futures were under pressure Wednesday, as the market watched to see if Iran would allow more ships through the Strait of Hormuz after President Trump said he agreed to a ceasefire, provided the key maritime chokepoint was reopened. CBOT w heat ( W_1:COM ) for July delivery fell 2.8% to $5.91 per bushel, corn ( C_1:COM ) for July delivery slipped 0.5% to $4...
Toltek/iStock via Getty Images U.S. wheat futures were under pressure Wednesday, as the market watched to see if Iran would allow more ships through the Strait of Hormuz after President Trump said he agreed to a ceasefire, provided the key maritime chokepoint was reopened. CBOT w heat ( W_1:COM ) for July delivery fell 2.8% to $5.91 per bushel, corn ( C_1:COM ) for July delivery slipped 0.5% to $4.57 3/4 per bushel, and soybeans for July delivery gained 0.2% to $11.77 1/4 per bushel. Investors welcomed the ceasefire, but significant issues with fertilizer availability are already hitting grains, Jake Hanley of Teucrium Trading said in a note. "Reopen the Strait of Hormuz tomorrow, and the corn market still has a problem that doesn't resolve until 2027 at the earliest," Hanley wrote, as gridlock at the strait and damage to natural gas plants in the region will not be resolved overnight, and farmers likely will "pay significantly higher prices to obtain fertilizer, or stretch whatever supply they have at the expense of strong crop yields." Farmers are expected to feel higher prices at the pump in their crop budgets, even with improved grain futures, which are expected to only ease the financial burden on farmers somewhat, agricultural lender CoBank said in a note. " Improved commodity prices are not anticipated to offset higher input and production costs," CoBank said, estimating "the sharp increase in diesel prices following the onset of the Iran war could add $2,000 in fuel costs per farmer and hundreds of thousands more for grain elevators." ETFs: ( WEAT ), ( CORN ), ( SOYB ), ( DBA ), ( MOO ) More on U.S. grain futures Commodities: Oil Climbs On Trump Escalation Threat Commodities: Oil Falls Below $100 On Optimism Over Iran War Commodities: Oil Eases As Report Suggests War Could End Without Hormuz Reopening
Slot admits team ‘were in survival mode’ during first leg ‘Football has shown many times everything is possible’ Arne Slot admitted Liverpool were in survival mode against Paris Saint-Germain and will need the backing of Anfield to raise their level against the European champions in next week’s Champions League quarter-final second leg. Liverpool were fortunate to escape with a 2-0 defeat at Parc ...
Slot admits team ‘were in survival mode’ during first leg ‘Football has shown many times everything is possible’ Arne Slot admitted Liverpool were in survival mode against Paris Saint-Germain and will need the backing of Anfield to raise their level against the European champions in next week’s Champions League quarter-final second leg. Liverpool were fortunate to escape with a 2-0 defeat at Parc des Princes where Ousmane Dembélé, who missed a crucial chance for Barcelona in their 2019 semi-final against Jürgen Klopp’s eventual champions, squandered several opportunities for Luis Enrique’s star-studded side. Continue reading...