By Paulina Likos
Publication Date: 2026-03-19 16:51:00
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. 1. Stocks fell Thursday as oil prices continued higher. Brent international crude briefly touched $119 per barrel after Iran attacked a key LNG facility in Qatar. Tehran said it was in retaliation for an Israeli strike on one of its energy centers. For the first time since last May, the S & P 500 slipped below its 200-day moving average, a technical level that many long-term investors look to for support. Jim Cramer did welcome a pullback in other commodities, including aluminum and steel, because rising raw material prices can fuel inflation. If inflationary problems reignite, that may make it tough for the Federal Reserve to cut interest rates even when President Donald Trump ‘s pick for central bank chairman succeeds Jerome Powell. 2. Eli Lilly said Thursday that a Phase 3 study of retatrutide in type 2 diabetes offered superior weight loss versus Mounjaro, also for type 2 diabetes, with no plateau through 40 weeks. Lilly shares were not moving on the news, most likely because this once-a-week injection is not expected to be as big of an opportunity as the company’s new GLP-1 pill, which is expected to be approved by the FDA in early next month. Health-care stocks, normally sought out as defensive plays in times of turmoil, have struggled. We have been using that weakness to build our Cardinal Health position. 3. Jim…
