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Stock impact report

Jim Cramer on PulteGroup, Inc. (PHM): ‘The Big Home Builder Reported What Looked Like A Jim-dandy Quarter' [Yahoo! Finance]

PulteGroup, Inc. (PHM) 
Last pultegroup, inc. earnings: 4/23 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
On Tuesday, Jim Cramer, the host of Mad Money, analyzed the day's market activity, shedding light on why some Big Tech stocks gained traction while others struggled. He pointed out that investors are increasingly concerned about the broader economic effects of rising bond yields. Cramer began by questioning how a day could unfold where recent market leaders lose their momentum, prompting money managers to shift back to established favorites like Big Tech. Cramer acknowledged his growing worry about the bond market, noting that since the Federal Reserve cut rates last month, bond prices have plummeted. “... Ever since the Fed cut rates last month, right, bond prices have plunged. Bond yields, meaning longer-term interest rates, have soared. Not supposed to happen. But when it does happen, money managers reach for the companies that simply aren't impacted by the change in the 10-year, the 20-year, or the 30-year US Treasurys.” Cramer likened Wall Street to Chinatown, suggesting t Show less Read more
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