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 Thursday's key moments. U.S. stocks advanced Thursday as Wall Street digested fresh labor market data and additional corporate earnings. Weekly jobless claims hit their highest level since August, renewing hopes that the Federal Reserve will deliver interest rate cuts sooner rather than later.
GE Healthcare — which we also bought more of Wednesday — continues to battle back from its earnings plunge April 30. Including a more-than-1% advance in Thursday's session, the stock has now recouped nearly half its earnings-driven losses. While the maker of MRI and X-ray machines delivered a weaker-than-expected quarter last month, we were encouraged to see management maintain its full-year guidance.