From Yahoo Finance: 2025-04-06 19:17:00

Jim Cramer raises concerns about tariffs recently implemented by President Trump. Uncertainty surrounds how tariffs will be managed, causing confusion among businesses. Despite this, Cramer does not foresee a recession. He questions President Trump’s focus on the stock market, particularly the Dow Jones Industrial Average. ServiceNow, Inc. (NYSE:NOW) is flagged for trouble due to government exposure, impacting its stock performance. NOW ranks 5th on the list of stocks discussed by Cramer. Though NOW shows potential, AI stocks are seen as more promising for higher returns. Check out our report on the cheapest AI stock for more insights. 1. The stock market saw a significant drop today, with the S&P 500 falling 2.5% and the Dow Jones Industrial Average dropping 600 points. Investors are concerned about rising inflation and potential interest rate hikes by the Federal Reserve.

2. A new study released by the CDC shows that the Delta variant of COVID-19 is now the dominant strain in the United States, accounting for over 50% of new cases. Health officials are urging more Americans to get vaccinated to prevent further spread of the virus.

3. The European Union has approved a $121 billion recovery fund to help member countries bounce back from the economic impact of the COVID-19 pandemic. The fund will provide grants and loans to support green initiatives, digital transformation, and job creation across the EU.

4. Apple announced a new feature in iOS 15 that will allow users to store their driver’s license or state ID in the Wallet app. The feature will first be available in select states in the U.S. and is aimed at providing a convenient and secure way to carry identification.

5. In sports news, the Tokyo Olympics are set to begin on July 23rd, with strict COVID-19 protocols in place to ensure the safety of athletes and spectators. The Games will feature over 11,000 athletes from 206 countries competing in 33 different sports over a two-week period.



Read more at Yahoo Finance: ‘They’ve Got the Most Gov Exposure, That’s the Issue’