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Jim Cramer's top 10 things to watch in the stock market Monday
Jim Cramer - CNBC -
07/04
U.S. stocks are set for another brutal open today after last week's tariff-driven carnage.
My top 10 things to watch Monday, April 7 1. U.S. stocks are set for another brutal open today after last week's carnage due to President Donald Trump's sweeping tariffs announcement. The 10% near-universal levies went into effect as scheduled on Saturday. The country-specific duties, which were larger than expected, are set to kick in Wednesday. 2. If the S & P 500 were to close today around 4,915, the broad market index would join the Nasdaq in a bear market. During last night's CNBC special , I said I am not panicking. But I do realize there's going to be more pain. In my Sunday column , I wrote that we need to rethink everything because of the tariffs. I detailed ways to do that. 3. Trump on Truth Social this morning touted lower oil prices and interest rates. WTI is below $60 a barrel and the 10-year Treasury yield is below 4%. That can provide some relief to consumers at the pump and on borrowing costs. Trump trade adviser Peter Navarro defended the tariffs in a CNBC interview this morning, and hinted that bi... [Short citation of 8% of the original article]
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