New Delhi, April 23 -- CNBC's Jim Cramer said that as stocks saw a strong rally on Tuesday, he's watching closely for indications that this bear market bounce could turn into a true rebound in stock prices.
With all major indices finishing the day up more than 2.5%, Cramer mentioned he encountered considerable doubt about whether the market's upward momentum would last, or if it would soon return to a downward trend, according to CNBC report.
He acknowledged that stock declines could resume, but noted that recoveries typically begin as bear market rallies before evolving into something more substantial. Cramer also mentioned that President Donald Trump's statement after Tuesday's market close-confirming he won't dismiss Federal Reserve ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.