BeInCrypto· Darryn Pollock·· 2d ago
Cramer Warns Nasdaak Sell-Off May Extend Amid Midterms, Iran Decision and Jobs Report
Original source: BeInCryptoRead original
AI brief
Jim Cramer identifies three potential catalysts that could prolong the Nasdaq sell-off this week: the US midterm elections, an Iran-related decision, and the monthly jobs report. Friday's 2.86% drop capped a 5.30% October loss for the index, which closed at 25,437. Cramer warns that a Democratic sweep could unwind green energy restrictions and halt data center projects, while escalation of the Iran conflict would lift oil prices and inflation. He also notes that weak tech earnings and a soft jobs report may keep bond markets calm.
Source: BeInCrypto · beincrypto.com
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