The Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. U.S. stocks were lower across the board Friday as Wall Street wraps up a week dominated by a fierce rotation out of high-flying tech winners into small cap and value stocks. The tech-heavy Nasdaq Composite and S & P 500 were on pace for a third straight losing day.
A day after our upgrade , Eli Lilly added nearly 3% to claw back a little bit of its steep losses for the week. Earlier Friday, Chinese regulators approved the company's obesity drug, just a few weeks after doing the same for Danish peer Novo Nordisk . Jim told Jeff that the Lilly comeback Friday "could be real" as investors better contextualize the competitive risks presented by Roche.
Novo Nordisk A/S S&P 500 Index NASDAQ Composite Eli Lilly And Co Palo Alto Networks Inc Breaking News: Markets Markets Investment Strategy Jim Cramer Morning Meeting Recaps Business News
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