economy
Here's how Jim Cramer is playing Monday's stock market rebound
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TL;DR
- Major stock averages rose approximately 2% following U.S. President Trump's announcement of productive discussions with Iran and a halt to strikes.
- Brent crude oil prices fell 10% to $100 per barrel.
- CNBC Investing Club portfolio holdings like Qnity Electronics, Capital One, Broadcom, and Nvidia saw gains.
- GE Vernova shares climbed 5% to a new 52-week high after Morgan Stanley reiterated a buy rating and increased its price target.
- Jim Cramer defended Apple's China business, citing strong upgrade intentions and high interest in the foldable iPhone based on recent research.
- Stocks mentioned in the 'rapid fire' segment included Synopsys, Venture Global, and MongoDB.