Jim Cramer's top 10 things to watch in the stock market Tuesday
CNBC • • business
Key Points:
- The S&P 500 is expected to open positively as investors digest December's consumer price index data, which showed a 2.7% year-over-year rise in prices but a smaller-than-expected increase in core consumer prices, influencing Federal Reserve interest rate expectations.
- JPMorgan reported strong Q4 earnings, beating estimates, signaling robust U.S. consumer activity and kicking off bank earnings season, with Wells Fargo and Goldman Sachs set to report later in the week.
- Bank of America raised Alphabet's price target to $370, citing the strategic Gemini AI partnership with Apple as a significant competitive advantage, despite concerns from Elon Musk about market concentration.
- TD Cowen increased Meta Platforms' price target to $820, projecting growth in
