Each weekday the CNBC Investing Membership with Jim Cramer holds a Morning Assembly livestream at 10:20 a.m. ET. Here is a recap of Thursday’s key moments. 1. U.S. equities have been combined in midmorning Thursday — the S & P 500 was down 0.13%, whereas the Nasdaq Composite rose 0.13% — following the discharge of the Labor Division’s client value index for September. The month-to-month report got here in barely greater than anticipated, with U.S. inflation climbing by 0.4% on the month, forward of a Dow Jones estimate of 0.3%. “That is a type of days that mega caps are going to shine,” Jim Cramer mentioned Thursday. These behemoth corporations needn’t borrow cash, he defined, so would not be damage like different companies if the Federal Reserve have been to once more increase rates of interest on indicators of persistent inflation. Bond yields, in the meantime, have been primarily regular, with that of the 10-year Treasury hovering above 4.6%. Oil costs climbed by greater than 1%, as West Texas Intermediate crude reached for $85 a barrel. “It is a consolidation day,” Jim mentioned of the market. 2. Following the announcement Wednesday that Exxon Mobil (XOM) agreed to purchase Membership holding Pioneer Pure Sources (PXD) for $59.5 billion in an all-stock deal , Jim reiterated Thursday the Membership’s intention to completely exit our place . As soon as we clear our buying and selling restrictions, we might look to promote our Pioneer shares as early as Monday. Pioneer will proceed to pay a dividend till the deal closes, however with some stipulations. “We’ll take the cash and run,” Jim mentioned. 3. The United Auto Staff union on Wednesday expanded its strike in opposition to Membership holding Ford Motor (F) to the automaker’s largest and most profitable manufacturing facility, in Kentucky, halting 41% of Ford’s manufacturing capability. Financial institution of America estimated the work stoppage at this plant has a weekly influence of $247 million on Ford’s earnings earlier than curiosity and taxes (EBIT), or a dent of 5 cents to earnings-per-share. However Jim mentioned Thursday that the Membership has no intention of getting out of Ford. “I nonetheless consider there might be a decision,” he added. (Jim Cramer’s Charitable Belief is lengthy PXD, F. See right here for a full record of the shares.) As a subscriber to the CNBC Investing Membership 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 couple of 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.