How major US stock indices fared on Friday

The stock market ended an unusually turbulent week with its fifth straight weekly decline By The Associated Press May 6, 2022, 8:33 PM • 2 minute read Share on FacebookShare on TwitterEmail this article The stock market ended an unusually turbulent week with its fifth consecutive weekly decline. The bumpy and mostly lower run came … Read more

Fed’s fight against inflation will bring down ‘fragile’ stocks

CNBC’s Jim Cramer said Friday that the Federal Reserve’s attempts to crush inflation by raising interest rates will inevitably drive down “once-high-flying stocks” — even those that are “legit” companies. The stock market is “a major risk in containing inflation. It’s not just collateral damage, it’s one of the [Fed Chair Jay Powell’s] targets. Not … Read more

Own strong names and have money to bounce back in the market

CNBC’s Jim Cramer said Friday that bearing the current market is a waiting game for a rally – and investors need to be prepared for that time. “Your portfolio should be split between cash and stocks that can thrive in a recession. … You have to accept the fact that we’re just trying to stay … Read more