Cramer: 'Non-economically sensitive' US stocks and international names should rise after initial sell-off

  • U.S. stocks typically not impacted by economic data and international stocks should rise Thursday after selling off for a bit, CNBC's Jim Cramer says.
  • But the "Mad Money" host also says those stocks won't have a huge rally because of uncertainty surrounding Friday's November jobs report.
Jim Cramer on "Mad Money."
Scott Mlyn | CNBC
Jim Cramer on "Mad Money."

U.S. stocks typically not impacted by economic data and international stocks should rise Thursday after selling off for a bit, according to CNBC's Jim Cramer.

But the "Mad Money" host also said those stocks won't have a huge rally because of uncertainty surrounding Friday's November jobs report from the Labor Department.

"Today is a day where you should see the non-economically sensitive domestic and international stocks go higher after an initial sell-off," Cramer said Thursday in a tweet before the opening bell. "They can't scream [because] of tomorrow's data but it should be expected."

Stock futures Thursday were indicating a sharply lower open amid anxiety about a possible economic slowdown and continued murkiness around trade relations with China. The Dow Jones Industrial Average and S&P 500 are in danger of going negative for the year, and the Nasdaq could move further into correction territory.

Cramer said Wednesday that Friday's job number "better be perfect" or Wall Street's sell-off will continue.

Wall Street became concerned Tuesday about a possible inversion of the yield curve, which is when shorter term rates exceed longer term rates. The phenomenon has historically been a signal of a coming recession.

Cramer also said if the jobs report isn't strong, investors will think the inverted yield curve is being pushed, "which would be terrible."

WATCH: Cramer on full employment