Jim Cramer’s top 10 things to watch in the stock market Tuesday

Oct 22, 2024
jim-cramer’s-top-10-things-to-watch-in-the-stock-market-tuesday

Traders work on the floor of the New York Stock Exchange during morning trading in New York City. 

Michael M. Santiago | Getty Images

My top 10 things to watch Tuesday, Oct. 22

1. Wall Street was under pressure Tuesday after a down day to start the week that hit the Dow the hardest and broke a three-session winning streak for the 30-stock average. The reason for the further declines continued to be the rise in the 10-year Treasury yield. In speeches Monday, Fed officials urged a patient approach to future interest rate cuts.

2. Nvidia CEO Jensen Huang will take part in a fireside chat Thursday at the Nvidia AI Summit India in Mumbai. It’s a huge, sold-out festival. The company says Jensen will focus on AI’s impact on various industries and India’s standing as an emerging leader in the technology. We’ve long owned Nvidia for the Club. Big Tech earnings next week will be key events for Nvidia shareholders since those companies buy lots of its leading AI chips.

3. Club name Danaher handily beat on quarterly earnings per share of $1.71 and revenue of $5.8 billion. Bioprocessing saw strong demand. That was something we figured after German life sciences peer Sartorius reported solid earnings last week.

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