FAANG emerges as the latest group to lead the market, Jim Cramer says


CNBC’s Jim Cramer said the most dominant names in technology emerged as the latest stock group to lead the market higher in Wednesday’s session.

“These Big Tech stocks led us higher,” the “Mad Money” host said after the major averages staged a strong rally.

“This market’s been going through leadership groups like there’s no tomorrow.”

The Dow Jones Industrial Average accelerated 369 points, or 1.52%, to a 24,575.90 close, and the S&P 500 moved 1.67% to 2,971.61. The tech-heavy Nasdaq Composite bested both indexes, rising 2.08% to close at 9,375.78.

The market has cycled through surges in the consumer staples,

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Return of Big Mac – McDonald’s UK emerges from lockdown


Delivery men are seen outside a reopened McDonald’s with take-out only deliveries in Dalston, following the outbreak of the coronavirus disease (COVID-19), London, Britain, May 13, 2020. REUTERS/Henry Nicholls

LONDON (Reuters) – After over seven weeks of coronavirus lockdown, Britons hankering for a Big Mac may be a step closer to getting their hands on one after McDonald’s (MCD.N) reopened 15 restaurants on Wednesday for delivery only.

The pilot restaurants, all in southeast England including Harrow, Dalston and Tooting in London, will offer a limited menu via Uber Eats.

Orders are capped at a maximum of 25 pounds

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