Cramer Sees S&P 500 Higher Open After Losses on Boeing, GE Vernova Gains
Jim Cramer notes the S&P 500 is poised for a higher open Wednesday after back-to-back losses, fueled by Boeing's 3.5% surge on strong Q1 results, GE Vernova's nearly 8% jump post blowout quarter and raised guidance, and Adobe's $25 billion buyback. This follows Monday's bearish tilt from Strait of Hormuz tensions lifting oil prices and a potential lower open amid heavy earnings, offset by M&A like QXO's $17 billion TopBuild deal and upbeat analyst calls on Apple and UnitedHealth. AI themes in GE Vernova turbines and Alphabet chips add bullish momentum, though Capital One's miss tempers gains, pointing to mixed but recovering equities.