Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
The Patriots released Antonio Brown only 11 days after signing the wide receiver.Sportsread more
The Wall Street Journal's report came as a top Ukraine official said President Donald Trump "is looking" for Ukraine officials to investigate business dealings of Biden's son...Politicsread more
Gun maker Colt announced Thursday that it will halt its production of AR-15 rifles for civilian sales, but the news might not be as exciting for gun control advocates as it...Guns and Weaponsread more
As thousands of people across the world participate in the Global Climate Strike, several Democratic presidential candidates have shared how they will take aggressive action...Scienceread more
With "tariff man" President Trump waging a tariff war and Democratic candidates pushing against big international deals, free trade has become politically homeless, writes...2020 Electionsread more
Canadian trade union Unifor said roughly 4,500 of its members have been temporarily laid off because of the GM strike so far.Autosread more
Since the Cambridge Analytica scandal in March 2018, Facebook has suspended tens of thousands of apps stemming from an investigation into its developer ecosystem.Technologyread more
After a brutal trading day on Wall Street, CNBC's Jim Cramer shined a light on a number of sectors where investors can search for buying opportunities in a market shaken up by escalating trade tensions.
The CBOE Volatility Index, known as the VIX, has more than doubled in the past six trading days as the major U.S. indexes have all plummeted in the past week. A high VIX measure indicates a risky market.
The "Mad Money" host on Monday labeled retail, pharma, tech, fossil fuels and the industrials areas are tough to invest in here as companies with Chinese exposure are expected to cut forecasts in the wake of tariff threats on remaining imports from China. But investors will be able to start new positions in a number of stocks that have sold off too much, he said.
"Remember, in harsh sell-offs like this one, you wait for stocks to go down and then you start picking among the rubble on the fifth day, searching for the ones that were punished for the wrong reasons," Cramer said.
"You need to buy small to start and then again and again, and let's see what happens" after that, he added.
Cramer recommended Dominion Energy, PPL, Verizon and AT&T as investible stocks, given that the companies are offering dividend yields between 4.5% and 6%. The yield is the portion of profits that is paid out to shareholders, and the host has said dividend stocks are the best plays currently on the market.
"I wish American Electric Power had a bigger dividend, but, you know what, their 3% yield won't cover you now because this stock has run so much," he said.
Restaurants and international chains that have no exposure to China are worth a bet, Cramer said. He pointed to Yum Brands — parent of KFC, Taco Bell and Pizza Hut — as the best play because its China division, Yum China, was spun off in 2016.
"This whole industry is benefiting from the increasingly-aggressive competition in the online delivery space," he said. "The delivery platforms are too competitive ... but that's good news for all sorts of restaurants."
Investors can lean on global food and beverage stocks, including Coca-Cola, he added.
Stocks in the financial technology sector have rallied big, but Cramer thinks investors should be ready to find new entry points.
"I'm betting they'll be great places to hide because they don't have much meaningful exposure to China," he said.
The more that the the U.S.-China relationship deteriorates the more attractive the defense contractor stocks become, Cramer said.
"I like them both, especially Agnico Eagle after we heard from CEO Sean Boyd last week," he said.