Is the Market Overreacting to a Deal-Making Slowdown?
From Yahoo Finance: 2025-04-10 08:39:00
Jim Cramer warns that tariff pain isn’t over yet and reviews 9 stocks, including Goldman Sachs. Despite market optimism, unresolved uncertainties remain. Deals with Japan, Mexico, and Canada may not offset trade war damage. Cramer questions if belief in Trump’s policies outweighs inflation concerns. Hedge fund interest in top stock picks remains high.
Goldman Sachs Group’s stock price reflects stalled deal-making activity. Cramer wonders if the negativity is overpriced. While GS ranks 7th on Cramer’s list, AI stocks may offer higher returns in a shorter time. Find out about the cheapest AI stock with promising potential. No disclosures mentioned in the article. 1. The stock market surged today as the S&P 500 reached a record high, fueled by positive economic data and strong corporate earnings. Tech stocks led the way, with Apple and Amazon both posting gains of over 5%.
2. In international news, tensions between Russia and Ukraine escalated as Russian troops massed near the border. The US and European Union condemned the buildup, calling it a threat to regional stability.
3. A new study found that the Pfizer-BioNTech COVID-19 vaccine is 90% effective in preventing transmission of the virus, providing a much-needed boost in the fight against the pandemic. The vaccine has already been administered to millions of people worldwide.
4. Climate activists celebrated a major victory as the European Parliament voted to ban single-use plastics by 2025. The move is expected to significantly reduce plastic pollution in the oceans and protect marine life.
5. The Oscars nominations were announced today, with “Nomadland” and “Mank” leading the pack with multiple nods. The ceremony, scheduled for April, will be held in-person with COVID-19 safety protocols in place.
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