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 Wednesday ‘s key moments. 1. The S & P 500 is little modified on Wednesday after the U.S. authorities shut down at midnight. There’s concern {that a} drawn-out closure will affect the economic system. But actually, “what matters is that interest rates are coming down,” Jim Cramer mentioned. Treasury yields fell on stunning ADP knowledge that confirmed a 32,000 decline in non-public sector jobs throughout September. The shutdown might put Friday’s all-important month-to-month nonfarm jobs report on maintain. Meanwhile, Nike’s sturdy earnings on Tuesday boosted our confidence in the sports activities attire maker’s path back to energy, main the Club to purchase extra shares this morning. 2 . Club inventory GE Vernova is down roughly 2.5% Wednesday after RBC Capital downgraded shares to a maintain from a purchase, and lowered its value goal to $605 from $631. The agency argued that tailwinds for the turbine maker, together with the profit from sturdy vitality technology and distribution demand, are mirrored in its valuation. “I didn’t understand this downgrade at all,” Jim mentioned. Jim mentioned that as corporations want extra energy for the quickly increasing AI knowledge heart buildout, they’ll flip to GE Vernova. “I like how they are positioned.” 3 . The portfolio’s pharma shares — Bristol Myers Squibb and Eli Lilly — are rallying off Pfizer’s large win Tuesday. The drugmaker inked a take care of the White House to decrease drug prices and make investments in stateside manufacturing in trade for a three-year tariff exemption. Despite the beneficial properties in Bristol Myers, Jim is “reluctant” to encourage shopping for the inventory earlier than extra updates on Cobenfy, the corporate’s schizophrenia remedy that launched in the U.S. on the finish of 2024. In truth, we trimmed our Bristol Myers place this morning. 4. Stocks coated in Wednesday’s fast hearth on the finish of the video have been: Marvell Technology , Pfizer ,, United Rentals , Delta Airlines , and Occidental Petroleum Corp (Jim Cramer’s Charitable Trust is lengthy BA, BMY, GEV, LLY, and NKE. See right here for a full checklist of the shares.) As a subscriber to the CNBC Investing Club with Jim Cramer, you’ll obtain a commerce alert earlier than Jim makes a commerce. Jim waits 45 minutes after sending a commerce alert earlier than shopping for or promoting a inventory in his charitable belief’s portfolio. If Jim has talked a few inventory on CNBC TV, he waits 72 hours after issuing the commerce alert earlier than executing the commerce. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.