The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Monday's key moments. 1. Stocks edged higher Monday morning with the S & P 500 hitting a fresh record high, extending last week's gain of more than 1%. Big tech led the charge with Apple up 1.3% after positive commentary about iPhone lead times from Evercore ISI.
Starbucks is cutting back on discounts, a move spearheaded by new CEO Brian Niccol, according to a Monday report by the Wall Street Journal . Investors are anxiously awaiting Niccol's turnaround strategy for the coffee giant, which has been hit by slower traffic and sales. "This tells me that Brian Niccol has a plan and we don't know what the plan is," Jim noted. Since Niccol took over, we've held steady with the stock, betting on his leadership.
Technology Morning Meeting Recaps Jim Cramer Investment Strategy Markets Breaking News: Markets Caterpillar Inc Amgen Inc Boeing Co VF Corp Southwest Airlines Co Starbucks Corp Constellation Brands Inc Apple Inc Wells Fargo & Co Banks Breaking News: Technology Business News
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