Jim Cramer describes why the Nasdaq stopped working to rally on Monday
CNBC's Jim Cramer took a look at Monday's market action, stating the tech-heavy Nasdaq Composite stopped working to rally mostly due to a special one-two punch: The U.S. federal government and billionaire Meta CEO Mark Zuckerberg."The tag group of the federal government and Meta might have been excessive for everybody," he stated. "At the end of the day, however, purchasers lastly can be found in to discover deals in the semis and software applications and the drug stocks."While the Dow Jones Industrial Average advanced 0.86% and the S&P 500 ended up 0.16%, the Nasdaq shed 0.38%. As Joe Biden's administration ends, it revealed over the weekend brand-new limitations on semiconductor exports. And in an interview with Joe Rogan, Zuckerberg panned Apple, slamming the iPhone maker for an absenc...