Cramer's 10 Market Movers to Watch Thursday on Wall Street
A soft June jobs report and a bullish Palantir upgrade are front and center in Thursday's market playbook.
Thursday's session is shaping up to be a mover, and two headlines are doing most of the heavy lifting before the opening bell even rings. The June jobs report came in weaker than expected — and that single data point could flip the script on how traders are thinking about Fed rate cuts for the rest of the year. Weak payrolls usually mean the central bank has more room to cut, so watch the rate-sensitive names closely at the open.
On the individual stock front, Palantir scored a notable analyst upgrade, giving the data-analytics darling fresh momentum heading into the session. Palantir has already been a battleground stock in 2024, and an upgrade of this caliber tends to bring in a fresh wave of retail and institutional buyers alike. If you've been sitting on the sidelines on PLTR, this is the kind of catalyst that forces a decision.
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Cramer's full top-10 list covers the broader tape — from macro reads like the jobs number to single-stock setups worth putting on your radar. In a market that's been grinding higher on rate-cut hopes, any data that reinforces a dovish Fed narrative is jet fuel. Don't sleep on the bond market's reaction either; yields moving lower would be a green light for growth stocks across the board.
Bottom line: Thursday isn't a day to be passive. Between a jobs miss and a high-profile upgrade, there's real price action to trade around — on both the long and short side. Stay nimble, size responsibly, and let the market come to you.
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