CNBC host Jim Cramer raised alarm bells over the state of the stock market following President Donald Trump’s tariff announcement, which triggered a sharp decline last week.
During Friday night’s broadcast of Mad Money, Cramer warned that the market could face a “Black Monday” as trading resumed.
The stock market took a significant hit right after the opening bell on Thursday when Trump revealed his new tariff policy, leading to a nearly 1,700-point drop by the close of the day. The fall intensified after China unveiled retaliatory tariffs, causing futures to plummet further.
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