The IMF trims its economic growth forecast again as the U.S.-China trade war continues, Brexit worries linger and inflation remains muted.Economyread more
Citigroup thinks Tesla investors hoping for a post-earnings rally later this week should scrutinize a pair of related financial metrics.Investingread more
Olive branches were extended from both China and the U.S. as the two nations are set to restart face-to-face trade negotiations after a monthlong truce.Marketsread more
Coca-Cola topped Wall Street's expectations for earnings and revenue.Food & Beverageread more
New disclosures show Facebook and Amazon each spent more than $4 million on lobbying activity in the second quarter of 2019.Technologyread more
Boris Johnson, one of the biggest voices in the Brexit movement, wins the Conservative Party leadership race by a 2-1 margin.Europe Politicsread more
Disney can nearly double its earnings by 2024, Morgan Stanley said in a note to clients on Tuesday.Investingread more
Amazon is expected to report its second-quarter earnings on Thursday.Investingread more
The largest residential brokerage company in the U.S. is partnering with the largest online retailer in a strategy to boost sales for both.Real Estateread more
Here are the biggest calls on Wall Street on TuesdayInvestingread more
Canaccord Genuity's Tony Dwyer believes stocks are about to fall as much as 5% from their all-time highs.Trading Nationread more
The stock market's recent resilience is creating a very favorable environment for investors, CNBC's Jim Cramer said Thursday after stocks held their gains despite negative action in parts of the market.
"Make no mistake: a market that can rally even when two signature leadership groups, the retailers and the airlines, get slammed? Well, that's some kind of bull," he told investors.
Stocks initially fell in Thursday's trading session following a plunge in shares of Macy's, which reported weaker-than-expected holiday sales results. American Airlines added to the pain after it cut its guidance, citing lower fares.
Both stocks' declines dragged their respective sectors lower and raised questions on Wall Street about how weak the economy really is, Cramer said on "Mad Money."
"With all of this bad news, ... it would've been natural for stocks to get destroyed," he said. "However, that's not what happened. Not at all. Sure, investors fled from the airlines and the retailers — that's natural — but they didn't flee from the stock market."
Instead, the money just moved around, swapping into consumer packaged goods stocks, industrial plays and tech names, he said.
Cramer argued that this kind of action — which he said is often a sign of a "rolling bull market" — is great for investors, who are not "fighting the Fed" if they buy stocks anymore now that its chief, Jerome Powell, has pledged to be patient when it comes to hiking interest rates.
"This newfound rolling bull market is all about the fact that we're no longer fighting the Fed," Cramer explained. "So, even with no Chinese trade deal, even with no functional government and no real sense of how weak these corporate numbers will turn out to be, the bulls are running free in this environment, even on a day where the averages arguably should've been crushed by the weakness in two monster leadership groups: retail and the airlines."