From Yahoo Finance: 2025-04-27 10:04:00

Jim Cramer discussed The Progressive Corporation (NYSE:PGR) and other stocks on Mad Money, highlighting the impact of President Trump’s relationship with Powell. Trump’s affirmation that he wouldn’t fire Powell boosted market confidence. Cramer noted skepticism about the rally’s sustainability. PGR ranks 7th on Cramer’s list, but other AI stocks may offer better returns. Cramer endorsed PGR for its AI capabilities, with the stock up 23.83% since his recommendation. 1. The stock market experienced a sharp decline today, with the Dow Jones Industrial Average dropping 500 points in response to rising inflation fears and concerns over interest rate hikes by the Federal Reserve.

2. The latest unemployment report shows a decrease in jobless claims, with 350,000 new claims filed last week, marking the lowest number since the start of the pandemic. This signals a positive trend in the labor market as businesses continue to reopen and hire new employees.

3. In international news, tensions between Russia and Ukraine have escalated, with Russian troops amassing near the Ukrainian border. The United States and European allies have expressed concern over the situation and called for a peaceful resolution to the conflict.

4. The latest Covid-19 update reports a decrease in new cases and hospitalizations, with vaccination rates steadily increasing across the country. Health officials urge continued vigilance and adherence to safety protocols to prevent a resurgence of the virus.

5. In technology news, Apple has announced a new lineup of products, including the highly anticipated iPhone 13 and Apple Watch Series 7. The company also unveiled updates to its iPad and MacBook lines, with improved performance and features for users.



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