Analysts say the partial U.S.-China trade deal doesn't touch on thorny issues plaguing both sides, and warn talks could break down again.World Economyread more
Economists polled by Reuters had expected Chinese exports denominated in the U.S. dollar to fall by 3% and imports to decline by 5.2% in September, compared to a year ago.China Economyread more
The U.S. had plans to hike duties on at least $250 billion in Chinese goods to 30% from 25% on Tuesday. Despite the partial trade deal, some banks on Sunday wrote that tariff...Marketsread more
The industry has pulled in $322 billion over the past six months, the fastest pace since the second half of 2008.Marketsread more
A technical recession occurs when there are two consecutive quarters of economic contraction.Asia Economyread more
"Deepfakes" are being used to depict people in fake videos they did not actually appear in, and can potentially affect elections, diplomacy and how markets move, experts say.Technologyread more
Chinese President Xi Jinping warned on Sunday that any attempt to divide China will be crushed.China Politicsread more
Syria's Kurds said Syrian government forces agreed Sunday to help them fend off Turkey's invasion.World Newsread more
U.S. President Donald Trump said that both sides reached a "very substantial phase one deal" that will address intellectual property and financial services concerns and...Asia Marketsread more
Hagibis dropped record amounts of rain for a period in some spots, according to meteorological officials, causing more than 20 rivers to overflow.Asia Newsread more
A spokesperson for the U.S.-backed Syrian Democratic Forces (SDF) has issued a stark warning to the international community.World Newsread more
When Jim Cramer first started trading, a stock's value was based on two simple factors: the underlying company's fundamentals and the sector's performance.
But when indexes like the gathered enough power to sway stocks regardless of those factors, everything changed.
Now, market sell-offs can happen because of index futures rather than actual fundamentals, an action that the "Mad Money" host said "is every bit as stupid as it appears" and can drive investors crazy.
That's why investors need to remain level-headed in the face of widespread downturn. All markets will eventually go down, but investors can make those declines work for them, rather than against them, Cramer said.
The biggest stock-mover out there is "the power of the S&P 500 futures over all individual stocks, including ones that aren't in the index," the "Mad Money" host noted.
Futures can crush stocks despite the health of their underlying companies or the skill of their management teams, even though those are still important variables to consider.
"Much of the damage from the crash of 1987, where the Dow fell 508 points in one day ... and then plunged again the next day before an anemic recovery, was almost entirely due to the relationship between the futures and the common stocks in the S&P 500," Cramer said.
Stocks became intensely undervalued, a wave of takeovers ensued, and executives started aggressively buying back their stocks to try and save face in a chaotic marketplace.
That's when Cramer realized that stocks no longer needed messy fundamentals to nosedive into the danger zone. Stocks were no longer "accurate forecasters of the future," he said.
These days, S&P 500 futures run the show, and investors should never flinch at stocks going down despite strong fundamentals.
"We're never going back to those halcyon days where all that really mattered to a stock's price was the sector's interaction with the business cycle, along with the worth of the company and the executives who drove it," Cramer said.