Cramer: Trump's tariff threat sent investors running to domestic stocks Monday — that's a good sign
"When money flows out of one sector, it tends to flow into another one. Sure, some of it stays on the sidelines because the market is uncertain, but most of it tries to find a new home immediately," Cramer said., which has a long supply chain in China, fared relatively well, losing just 1.5%, the host said. Because the tech giant is becoming a services and consumer company, any China-related weakness looks like a speed bump, Cramer said.
"I am thrilled that [Apple CEO Tim Cook] is embracing the consumer product story because that will ultimately allow research firms to change their coverage — switching Apple from the technology universe to the consumer product universe," he said. "That's why Apple barely got dinged today. You put it all together and today's rebound paints a very bullish portrait.
इंडिया ताज़ा खबर, इंडिया मुख्य बातें
Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।
Cramer: Don't expect Fed Chair Powell to bow to TrumpJim Cramer on Thursday called it a 'lunatic theory' to think that Fed Chair Jerome Powell should have gone along with President Donald Trump's call to cut interest rates.
और पढो »
Trump to present Tiger Woods with Medal of Freedom on MondayWASHINGTON (AP) — President Donald Trump will present the Presidential Medal of Freedom to Tiger Woods next week.
और पढो »
Tiger Woods will reportedly visit White House on Monday to celebrate Masters win with Donald TrumpDonald Trump, noted golf nut, has reportedly invited Tiger Woods to the White House to celebrate his recent Masters comeback triumph.
और पढो »
Trump's trade fight with China sends Dow plunging 350 pointsStocks slid on Monday in early trading after President Donald Trump threatened over Twitter to hike tariffs on Chinese imports.
और पढो »
Trump rises tariffs on Chinese goods as a last ditch before trade talksThe USPresident Donald Trump announced increasing of tariffs on $200 billion of Chinese goods ahead of scheduled talks with China, causing the Asian markets to tumble in early trade on Monday.
और पढो »
European shares dive as U.S.-China tensions escalateEuropean shares fell sharply on Monday after U.S. President Donald Trump unexpec...
और पढो »
European shares slide as U.S.-China trade tensions returnEuropean shares were deep in the red on Monday after U.S. President Donald Trump...
और पढो »
Trump's China tariff threat sends Wall St. lowerThe Dow bounced back after plunging over 400 points at open, as the deepening U.S.-China trade war spooked markets
और पढो »