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 Monday's key moments. 1. The S & P 500 and Nasdaq each surged Monday on the back of Alphabet 's gains and expectations for a third Fed interest rate in 2025. Shares of the Google parent jumped more than 4% on excitement about the launch of Gemini 3, which also sparked debate about whether it is superior to OpenAI's ChatGPT. Jim Cramer said, "The rate cut story is really behind a lot of these moves" as well. After Friday's comments from New York Fed President John Williams opened the door back up to a December rate cut, the market is putting 77% odds of a 25 basis-point reduction, according to the CME FedWatch Tool. Investors are "back to traditional growth that doe
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