'In the old days, the averages would've plunged on this kind of oil shock. I know because I've lived through a bunch of them, starting in 1973,' Jim Cramer says.
"It's amazing how the averages pretty much shrugged off such a major [oil production] decline," CNBC's Jim Cramer says.
"So there were real areas of weakness, but the truth is this market held up incredibly well," he says after the major indexes fell less than 1% following drone attacks on Saudi Arabia's oil facilities.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
'We can't win all the time,' says glum GuardiolaManchester City manager Pep Guardiola shrugged off his team's shock 3-2 def...
Baca lebih lajut »
Trump: US locked and loaded for response to attack on SaudisPres. Trump tweets that the U.S. is 'locked and loaded' for response after attacks on Saudi Arabia.
Baca lebih lajut »
U.S. energy secretary says oil market robust after attack on Saudi plantsThe oil market is resilient and will react positively to the attack on Saudi Ara...
Baca lebih lajut »
Biden shrugs off age chatter, pledges medical disclosuresDemocratic presidential candidate Joe Biden is shrugging off thinly veiled criticism from younger rivals that he is too old for the Oval Office. "There&39;s no reason for me not to release my medical records," Biden said. Age has been an undercurrent of the Democratic primary for months,
Baca lebih lajut »
Saudi Arabia: Drone attacks knocked out half its oil supplyDUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels launched drone attacks on the world's largest oil processing facility in Saudi Arabia and a major oil field Saturday, sparking huge fires...
Baca lebih lajut »
Markets Right Now: Stocks fall as oil prices spikeStocks are lower early Monday as oil prices spike following a weekend attack on major oil facilities in Saudi Arabia.
Baca lebih lajut »