Jim Cramer Tackles Trump's Meeting With Xi, Nvidia and Boeing
Happy week of the Fourth!
Jim Cramer's breaking down what investors need to know about Trump's meeting with President Xi of China, why Nvidia is Real Money's stock of the day and the newest probe into Boeing .
Trump's Meeting With Xi President Donald Trump and President Xi agreed at G20 to resume stalled trade talks between the world's two biggest economies, while simultaneously pledging not to apply fresh tariffs to either country's imports.
Trump also said he would loosen restrictions on the shipment of tech equipment to China's Huawei Technologies while China, in turn, agreed to buy an unspecified amount of U.S. agricultural goods.
Why Nvidia Is Real Money's Stock of the Day The semiconductor space is rocking and rolling Monday.
Cramer said that he's got a close eye on Nvidia because of its merger with Mellanox and whether or not it will get the green light from China now that Trump has softened his stance on Huawei.
What's Going on With Boeing?
Boeing is once again in the headlines, and it's yet again not for a good reason.
The Department of Justice is reportedly looking into the production of Boeing's 787 Dreamliner.
The Dreamliner's production takes place at Boeing's South Carolina plant.