A Chinese delegation led by Vice Premier Liu He could be sent before month's end to iron out phase one, a source tells CNBC's Kayla Tausche.Marketsread more
"But I expect we'll have a deal," Mnuchin tells CNBC.Politicsread more
Wall Street analysts were largely skeptical of Trump's announcement on Friday of a substantial trade deal.Marketsread more
Apple will release the iPhone SE2 early next year for $399, analyst Ming-Chi Kuo says.Tech Driversread more
Sanders, who is recovering from a heart attack, reveals the new tax plan a day before the third Democratic debate.2020 Electionsread more
The Nobel Prize in Economics was awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for their research and work on tackling global poverty.Investingread more
The ITB, the homebuilder's ETF, has its highest level since January 2018. Craig Johnson, chief market technician at Piper Jaffray, thinks there could be even more room to run.Trading Nationread more
The Treasury secretary expresses optimism that the U.S. and China have a workable first-phase agreement.Economyread more
However, that doesn't mean it won't cause harm, says Gottlieb. "You can't inhale something into the lungs on a repeated basis and not cause some damage to the lung."Health and Scienceread more
Climate change activists targeted BlackRock, the world's biggest asset manager, in London on Monday, demanding that the world's major financial institutions stop funding what...Environmentread more
The Salesforce CEO called for the establishment of a "new capitalism" that's partly funded by taxing the rich.Technologyread more
There is too much hope and not enough conviction in this "plain awful" market, CNBC's Jim Cramer said Thursday.
As stocks continue to sell off in an uncertain environment, investors are waiting to see the market bottom and spark a rally. It just hasn't happened yet, because investors are hoping that President Donald Trump will relent on trade, that the Chinese will capitulate, that the economy will shrug off the trade war, and that the Fed will cut rates, he said.
"If you buy right now on anything other than a slammed, super-growth stock down on a general market pullback, well you're banking on hope, and hope should never be a part of the equation," the "Mad Money" host said.
Money managers have been holding cash on the side to find new entry points, but stocks that are performing well are near highs and assets that are under pressure continue to go down, Cramer said.
"While sentiment is going negative, no doubt about it, it's not negative enough to trigger a huge rally ... unless we get some kind of real breakthrough with China," he said. "The market's got more downside."
President Donald Trump's threat to slap more tariffs on Chinese imports is hurting even companies that have put out positive earnings reports, Cramer said. Those names with Chinese exposure are catching pain because they are unable to gauge the impact of an additional 25% tax on $300 billion worth of additional goods, he said.
That explains Best Buy's nearly 5% tumble on Thursday, Cramer said, because it's tough to issue earnings forecast with exposure to China looming.
In the meantime, investors want to be "nowhere near these companies with Chinese exposure," he said.
Technical analysts, such as Cramer's Real Money colleague Bruce Kamiche, have said just 1 in 5 names on the 30-stock Dow Jones Industrial index are still trending up, the host said.
"That's awful," Cramer said. "Of all of the stocks I've asked Kamiche to opine on ... only the managed care names are any good."